710 Foundation

Nonprofit profile at a glance

EIN
463177200
IRS 990-EZ coverage
2015–2016
Forms available
Form 990-EZ 2016, Form 990-N 2014
Location
Sebeka, MN, USA
Phone
2186391242
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations
Affiliation
Christianity

Official website

Reported finances

Revenue
$58,388
Expenses
$45,494
Assets
$13,757

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • TANJA DWIRE (PRESIDENT)

People named in this filing

  • TANJA DWIRE (PRESIDENT)
  • JEREMIAH DWIRE (VICE PRESIDE)
  • SHERRY DWIRE (SECRETARY)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The 7:10 foundation has been established to provide relief to the poor, the needy, and the underpriveleged, especially focusing on, but not limited to, those in the la digue region of haiti. This region is where a 7.0 magnitude earthquake hit in 2010; and the area is still recovering from that disaster. Our programs are focused on providing basic and necessary goods such as food, school supplies, and hygiene supplies; and also on helping fund housing, orphanages, and church buildings.

What it reported doing in 2016

Provide basic and necessary goods such as food, school supplies, and hygiene supplies: and also on helping fund housing, orphanages, and church buildings to the poor, the needy, and the underpriveleged, especially focusing on, but not limited to, those in the la dique region of haiti.

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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 82
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.2%; rating input score 68
  • Program expense ratio: 87.6%; rating input score 88

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 22.1%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -22.3% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: 8.6% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 176.4% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 68.2% of revenue deployed · 87.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $40K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2015 to 2016
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.