Beards for Benefits Inc
Nonprofit profile at a glance
- EIN
- 815274806
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Donalsonville, GA, USA
- Phone
- 2293091723
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Patient Services - Entertainment, Recreation
Reported finances
- Revenue
- $103,548
- Expenses
- $75,637
- Assets
- $181,523
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- KLAY ARMSTRONG (PRESIDENT)
People named in this filing
- KLAY ARMSTRONG (PRESIDENT)
- TERRY PICKLE (VICE PRESIDE)
- JOHN BUCKHAULTER (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
Beards for benefits, inc. Is an organization established to bring wounded veterans and children with disabilities together. The organization provides hunting and experiences in the outdoors that will foster hope, self- confidence, and guidance that the two groups will be able to use and improve their quality of life. Beards for benefits, inc. Pairs the veterans and children with skilled hunters and outdoorsmen to educate these individuals about hunting, personal capabilities and how to overcome some of the life challenges they face. The organization strives to give them confidence and independence with an unforgettable outdoor experience. They are paired with people who also share a love for the outdoors and in turn are rewarded with life-long memories, friendships, and connections.
What it reported doing in 2024
Turkey hunting and accomodations for disabled children and wounded veterans
Operating model
- Revenue model
- Other-operating. 80% of the money available for current operations came from other operating revenue.
- 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. Program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 82
- Sustainability: 71
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.4%; rating input score 72
- Program expense ratio: 97.4%; 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: 27%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 2.4; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -16.4% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 33.3% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 72.4% of revenue deployed · 97.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $74K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 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 — Growth: Program expense growth scored 0/100.