Believers United for Progress

Nonprofit profile at a glance

EIN
352292442
IRS 990-EZ coverage
2023–2023
Forms available
Form 990 2022, Form 990-EZ 2023, Form 990-N 2015
Location
Durham, NC, USA
Phone
9193818519
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$148,331
Expenses
$267,251
Assets
$294,724
Liabilities
$70,176

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Kasib Abdllah (Executive Director)

People named in this filing

  • Kasib Abdllah (Executive Director)
  • Abdul Waheed (Board Chair)
  • Gwendolyn Carroll (Board Vice Chair)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Believers United for Progress' mission is to facilitate the reconstruction of a self-sufficient community. Our tools are respect, love and faith in all humanity. The goal of the organization is to use social interaction, food/meal accessibility and engagement for the progress of all people.

What it reported doing in 2023

Community Kitchen - The organization provides nutritious meals as well as distributes food boxes to families and individuals who live on the street, in shelters, and/or are under-employed. A total of 13,183 hot meals were provided (onsite and delivered); 7,908 food boxes that provided meals to households with more than 50,134 members were distributed.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 23
  • Growth: 20

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: Yes; rating input score 100

Sustainability

  • Operating margin: -80.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 1.1; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 6.9%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -17.1% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 68.4% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $271K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.