Bonus Years Inc

Nonprofit profile at a glance

EIN
932232349
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Anchorage, AK, USA
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Personal Social Services
Affiliation
Christianity

Official website

Reported finances

Revenue
$139,529
Expenses
$13,079
Assets
$272,758

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

Leadership & pay

5 people listed

Executive titles in this filing

  • R Wesley Price (Director President Treasurer)
  • Grant Smith (Director Vice President)

People named in this filing

  • R Wesley Price (Director President Treasurer)
  • Grant Smith (Director Vice President)
  • Philip Wright (Director 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

Bonus Years provides help hope and love to people going through physical relational and mental trauma with a special emphasis on disabled and high level quadriplegics. We counsel consult educate equip and encourage these individuals to empower them to contribute to society in a positive manner. We advocate for the disabled community and strive to help these individuals to become as independent as possible through the use of assistive technology. We desire to offer spinal cord injury SCI and other disabled individuals opportunities to live life to the fullest despite their limitations. Ultimately our mission is to love all people including spinal core injury survivors and other disabled individuals because of the love of Jesus Christ and his command to love one another as he loved us.

What it reported doing in 2024

We are excited to connect with more SCI survivors other disabled people and anyone that needs help hope and love. We host support group meetings via Zoom each week to allow these individuals to be part of a community to share burdens with one another to encourage each other to offer any requested advice and to pray together. If you or a loved one would like to join our meetings then please email us via our website. We are also trying to expand our support group meetings so let us know if a different time works better for you. We also offer one-on-one consulting services to provide help hope and love to other individuals that are not interested in the group Zoom support meetings or that need more individualized help. We know there are thousands of other SCI survivors and other disabled people that feel isolated and alone that would benefit from our programs. We would like to extend our love and support to any individual that needs help. Visit thebonusyears.org to learn more.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 32
  • Transparency & Controls: 100
  • Sustainability: 83
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.5%; rating input score 8
  • Program expense ratio: 71.1%; rating input score 71

Transparency & Controls

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

Sustainability

  • Operating margin: 90.6%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 20.85; rating input score 99; 99th 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: Limited
  • Revenue growth: -4.7% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 60.3% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 7.5% of revenue deployed · 71.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $9K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 8/100.
  • High — Growth: Revenue growth scored 0/100.