Bachelors Committee Inc

Nonprofit profile at a glance

EIN
472418128
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Montchanin, DE, USA
Phone
3025407027
Rating
44
Verdict
MIXED
Rating confidence
Moderate
Sector
Commemorative Events

Reported finances

Revenue
$25,037
Expenses
$13,627
Assets
$41,826

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • WILLIAM SPRUANCE (PRESIDENT)

People named in this filing

  • WILLIAM SPRUANCE (PRESIDENT)
  • DEVON TRACY (SECRETARY)
  • DONNA MCCONNELL (TREASURER)

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 provide an annual donation to a worthy 501c3 charity for young men

What it reported doing in 2024

Fund raising dinner and dance raised for Delaware foundation for reaching citizens with intellectual disabilities

Operating model

Revenue model
Other-operating. 63% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

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: 6
  • Transparency & Controls: 82
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 5%; rating input score 5
  • Program expense ratio: 9.2%; rating input score 9

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 45.6%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 3.07; rating input score 75; 75th 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: 56.2% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 69.6% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 21.6% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 5% of revenue deployed · 9.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 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.

  • High — Financial Efficiency: Mission deployment rate scored 5/100.
  • High — Financial Efficiency: Program expense ratio scored 9/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.