Barber and Beauty Scholarship Fund
Nonprofit profile at a glance
- EIN
- 205256759
- IRS 990-EZ coverage
- 2010–2011
- Forms available
- Form 990-EZ 2011
- Location
- Sugar Land, TX, USA
- Phone
- 8323502273
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $66,584
- Expenses
- $72,796
- Assets
- $26,093
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
1 person listed
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Exists to empower and equip students to assist with the tuition and other requirements of Texas Barber and Beauty Colleges primarily by providing scholarships for disadvantaged students.
What it reported doing in 2011
Setup communication network with schools, students, donors, foundations and other organizations to help raise awareness of the need for funds to assist disadvantaged prospective students of the Texas Barber College. Successfully developed relationships for the goal of providing one scholarship per month during the year of operations.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 48% for direct work, and 52% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 22
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -9.3%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 11.1% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: -21.3% per year; rating input score 0; 29th percentile among comparable filings
- Asset growth: -21.9% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $73K in reported program spending
- Leadership: top reported pay $24K · 1 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2010 to 2011
- Money network: 2 filed money-flow records
- 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: Operating margin scored 31/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- High — Growth: Asset growth scored 0/100.