Brothers Keeper of the Albemarle Inc

Nonprofit profile at a glance

EIN
562280754
IRS 990-EZ coverage
2020–2023
Forms available
Form 990-EZ 2023
Location
Moyock, NC, USA
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$27,963
Expenses
$40,825
Assets
$18,539
Liabilities
$33,946

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Bonita M Schuster (Executive Director)
  • Peggy Cavallo (Vice President)
  • Thomas D Schuster Sr Sr (President)

People named in this filing

  • Bonita M Schuster (Executive Director)
  • Peggy Cavallo (Vice President)
  • Mary Schuster (SecretaryTreasurer)

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

Provide free or affordable items

What it reported doing in 2023

Go Fund Me to help elderly and Veterans. Money used to help where needed. Put a deposit on a tiny house for a Veteran. Unfortunately he died. The deposit was returned.

Operating model

Revenue model
Earned-program. 70% of the money available for current operations came from fees and other program 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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 82
  • Sustainability: 22
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.3%; rating input score 70
  • Program expense ratio: 48.2%; rating input score 48

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -46%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 1.83; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 58.6% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: -44.5% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 12.1% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 70.3% of revenue deployed · 48.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $20K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2020 to 2023
  • 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: Program expense ratio scored 48/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.