Bearden Middle School Foundation In

Nonprofit profile at a glance

EIN
823990732
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Knoxville, TN, USA
Phone
8653844898
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$78,745
Expenses
$55,483
Assets
$101,966

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

Leadership & pay

22 people listed

Executive titles in this filing

  • MILLER FOUTCH (PRESIDENT/DI)

People named in this filing

  • BEN MCMURRY IV (TREASURER/DI)
  • JONATHAN WIMMER (DIRECTOR)
  • MEREDITH WEAVER (SECRETARY/DI)

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

The bearden middle school foundation is organized exclusively for charitable and educational purposes to benefit, promote, support, encourage and enhance the educational programs and facilities of bearden middle school, a public education institution in knox county, Tennessee.

What it reported doing in 2024

The foundation provides financial support to bearden middle school for educational opportunities, programs, services, projects and capital expenditures for which funding from government and other public sources is insufficient. Funds raised during the current fiscal year are earmarked and budgeted for support grants in the subsequent school year. The foundation donated 3,995 to bearden middle school for the purpose of supporting educational upgrades during fy23, 47,681 for upgrades to the auditorium, and 10,398 for athletic program expenses and upgrades.

Operating model

Revenue model
Donor-supported. 100% 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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 82
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.1%; rating input score 68
  • Program expense ratio: 96.6%; rating input score 97

Transparency & Controls

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

Sustainability

  • Operating margin: 29.5%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 1.84; rating input score 63; 63rd 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: 2.2% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 10.2% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 10.9% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 68.1% of revenue deployed · 96.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $54K in reported program spending
  • Leadership: top reported pay $0 · 22 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Officer compensation ratio scored 56/100.