Adventure Bags Inc
Nonprofit profile at a glance
- EIN
- 900794209
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022, Form 990-N 2019
- Location
- Winder, GA, USA
- Phone
- 6784250316
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $258,135
- Expenses
- $169,953
- Assets
- $230,151
- Liabilities
- $7,526
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- DANA SNYDER (BOARD MEMBER)
- ALEX WARD (BOARD MEMBER)
- LAUREN MCDOUGALD (BOARD MEMBER)
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 organization aims to reduce the impact of traumatic events like foster care, domestic violence, & disaters on children by partnering with first responders & social service agencies to provide emergency hygiene and personal items to children in crisis
What it reported doing in 2024
The organization delivered several hundred bags of personal and hygiene items to children in crisis reaching every county in Georgia. These children were victims of domestic violence, disasters that displaced them, and/or emergency foster care placement.
Operating model
- Revenue model
- Donor-supported. 79% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 100
- Accountability: 94
- Sustainability: 67
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 54.8%; rating input score 55
- Program expense ratio: 83.2%; rating input score 83
- Fundraising efficiency: $759.46 raised per $1 spent on fundraising; rating input score 97; 97th 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- 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: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 34.2%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 1.35; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -33.9% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 44% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 43.8% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 54.8% of revenue deployed · 83.2% of spending went to programs
- Governance: 5 of 5 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $141K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.