7 Cups Foundation

Nonprofit profile at a glance

EIN
830727255
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2018
Location
Fort Mill, SC, USA
Phone
7575819216
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Mental Health Association

Official website

Reported finances

Revenue
$250,000
Expenses
$47,697
Assets
$281,799
Liabilities
$1,900

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • GLEN MORIARTY (CEO)

People named in this filing

  • GLEN MORIARTY (CEO)
  • NICOLE MORIARTY (SECRETARY)
  • BRITTANY TAYLOR (CFO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The 7 cups foundation is in the business of changing and shaping lives. The work we do at our non-profit organization is aimed at providing a holistic approach to solving some of our society's biggest challenges. We make sure our partners are empowered by creating opportunities

What it reported doing in 2024

7 cups foundation is in the business of changing and shaping lives. The work that is done by the organization is aimed at providing a holistic approach to solving some of our society's biggest challenges. The organization makes sure organizations's partners are empowered by creating opportunities for individuals and communities

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 84
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 15.4%; rating input score 15
  • Program expense ratio: 80.9%; rating input score 81
  • Fundraising efficiency: $114.31 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 80.9%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 5.91; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 56.6% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -27.3% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -16.2% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 15.4% of revenue deployed · 80.9% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $39K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 14 of 14 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 15/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.