Association of Beverly Shores Residents Inc
Nonprofit profile at a glance
- EIN
- 237357375
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Beverly Shrs, IN, USA
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Neighborhood, Block Associations
Reported finances
- Revenue
- $37,921
- Expenses
- $36,579
- Assets
- $61,598
- Liabilities
- $200
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Nancy Nichols (President)
- Laura Hennessey (Vice President)
People named in this filing
- Nancy Nichols (President)
- Thomas Dodd (Treasurer)
- Laura Hennessey (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 promote the well being of the community to give voice to the concerns of its residents to foster community spirit and to keep residents informed and take appropriate action on matters of interest and concern to the Town of Beverly Shores.
What it reported doing in 2024
Beverly Shores Volunteer Fire Department
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue 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: 57
- Transparency & Controls: 82
- Sustainability: 53
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.4%; rating input score 57
- Program expense ratio: 57%; rating input score 57
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.5%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 1.68; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -0.7% per year; rating input score 0; 46th percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 3.6% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 57.4% of revenue deployed · 57% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 7 filed program accomplishments · $21K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2019 to 2024
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- Review — Financial Efficiency: Program expense ratio scored 57/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 52/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.