Benjamin E Mays Family Resource Ctr

Nonprofit profile at a glance

EIN
883086835
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Pacolet, SC, USA
Phone
8645822813
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$175,374
Expenses
$322,134
Assets
$2,386,195
Liabilities
$2,454

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

Leadership & pay

15 people listed

Highest reported compensation

  • JERRY RICE (EXECUTIVE DI): $69,566 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide resources and learning for pacolet and surrounding communities, so that all may reach their full potential in education, vocation, economic mobility and health.

What it reported doing in 2024

During 2024 the center hosted 2 job/resource fairs and attended several other community and fair events to share about our services. We partnered with regenesis health care's mobile unit to bring health care to the center 6 times during the year. We held 2 meetings with local pastors. We held 3 mental health forums for the community to attend. We held a community easter egg hunt. We hosted 4 kids club basketball games. The town of pacolet used the facility to hold several community meetings. The wic mobile unit provided services at the center 3 times during the year. We hosted an oral health training for community health workers. We sponsored several medicare awareness and sign-up opportunities. The center was used by several community churches for a community vbs. We opened a hair salon for the community. We opened a senior fitness center. We held a grand opening event that was attended by over 400 people from the community. We became a distribution point for foodshare. We partnered with helping hands for hurting people to distribute food 20 times during the year. We provided food distributions for thanksgiving and christmas, providing food to more than 200 families. After hurricane helene we served more than 4000 meals to the community from the center.

Operating model

Revenue model
Donor-supported. 99% 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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 35
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 75.7%; rating input score 76
  • Fundraising efficiency: $9.86 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -83.7%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 7.41; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 21.6%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 148.7% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: -174.6% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -5.9% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 75.7% of spending went to programs
  • Governance: 14 of 14 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $244K in reported program spending
  • Leadership: top reported pay $70K · 15 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 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.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.