Abc of West Tennessee Education Trust Inc
Nonprofit profile at a glance
- EIN
- 621624695
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Memphis, TN, USA
- Phone
- 9017949212
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $145,893
- Expenses
- $94,888
- Assets
- $106,290
- Liabilities
- $86,111
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- RON SMITH (DIRECTOR)
- BRIAN HAINES (DIRECTOR)
- BLAKE HATFIELD (DIRECTOR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide low-cost trade education to the public
What it reported doing in 2024
To provide textbooks, teachers, classroom, and supplies to accomplish educational purpose.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- 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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 13
- Transparency & Controls: 100
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 11.1%; rating input score 11
- Program expense ratio: 17%; rating input score 17
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 35%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 1.12; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0.81; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 47%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 12.8% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 23% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 11.1% of revenue deployed · 17% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $16K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 11/100.
- High — Financial Efficiency: Program expense ratio scored 17/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.