Alisa Joy Foundation Dba Alisa Joy Bridal Boutique
Nonprofit profile at a glance
- EIN
- 871733417
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Frisco, TX, USA
- Phone
- 9728368322
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $67,656
- Expenses
- $58,468
- Assets
- $51,007
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Sherri Jacob (President/Treas)
- Angela Pearson (Vice President)
People named in this filing
- Sherri Jacob (President/Treas)
- Anna Ricci (Secretary)
- Angela Pearson (Vice President)
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
To reach out to those being trafficked, educate people about the trafficking issue, and help support victims of trafficking with funds generated by sales of our bridal boutique.
What it reported doing in 2024
Alisa Joy Foundation operates a bridal boutique with volunteer bridal consultants selling donated wedding dresses at 50-80% off. In 2024, our first full year in business, we helped over 100 brides find their perfect wedding dress which enabled us to donate our profits to two organizations in DFW that are on the frontline helping victims of trafficking, as well as educating the public regarding trafficking through speaking engagements and on social media.
Operating model
- Revenue model
- Other-operating. 70% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 46% for direct work, and 54% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 100
- Sustainability: 50
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.3%; rating input score 83
- Program expense ratio: 96.4%; rating input score 96
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: 13.6%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 0.87; rating input score 43; 43rd 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: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 83.3% of revenue deployed · 96.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $56K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.