Beautiful Vessels Housing & Family Development
Nonprofit profile at a glance
- EIN
- 922948670
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Carneys Point, NJ, USA
- Phone
- 8563228433
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $10,437
- Expenses
- $9,270
- Assets
- $3,505
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Khaliea Simpson (President)
- Jodi-Ann Williams (Executive Director)
People named in this filing
- Khaliea Simpson (President)
- Jodi-Ann Williams (Executive Director)
- Cornelia Simpson (Secretary)
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
We perform religious and charitable works to relieve the poor and needy; this includes prayer, affordable housing, community outreaches, food assistance, clothing assistance, and other resources to enhance physical, mental, and spiritual health.
What it reported doing in 2024
Our community outreach services are dedicated to ensure every client feels seen, heard, and supported. We assist in these ways to support and uplift our neighbors in need. While connecting with each individual we are able to learn the community needs and help close a gap. This program has 3 assistance that we provide our communities, Food Assistance, Clothing Assistance and Community Outreach Assistance. By providing warm meals, care packages, groceries, clothing, and other donations, we aim to address immediate needs and offer a helping hand during challenging times. Since our inception in 2023 we have served over 300 families, impacting over 500 individuals. In the last fiscal year we have hosted 9 community outreaches and our food delivery service has impacted over 150 families.
Operating model
- Revenue model
- Donor-supported. 73% 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
SUPPORTED - 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: 48
- Transparency & Controls: 82
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46%; rating input score 46
- Program expense ratio: 51.8%; rating input score 52
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.2%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 1.4% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 57.7% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 39.9% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 46% of revenue deployed · 51.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $5K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.