Bucyrus Backpack Program Llc

Nonprofit profile at a glance

EIN
461931410
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Bucyrus, OH, USA
Phone
4195625032
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$86,459
Expenses
$71,836
Assets
$172,569

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

Leadership & pay

12 people listed

Executive titles in this filing

  • KATHY WELLS (PRESIDENT)

People named in this filing

  • KATHY WELLS (PRESIDENT)
  • BARB SCOTT (VICE PRESIDE)
  • CARRIE ROBERTSON (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

It shall be the mission of the corporation to provide food for hungry and underserved children in our local school districts.

What it reported doing in 2024

The bucyrus backpack program was formed to recognize and promote the overall health, welfare, education, and other social and economic needs of the students of local school districts including bucyrus, wynford, colonel crawford, buckeye central, crestline, fairway preschool, high road academy, goal academy, and st. Joseph school-crestline. The organization helps to eradicate hunger among the students of the bucyrus city school district whose parents are struggling economically. The program provides a backpack filled with meals that will feed the student and/or members of the family over the weekend. The program distributed 15,681 bags during the fiscal year.

Operating model

Revenue model
Donor-supported. 96% 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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 100
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.8%; rating input score 82
  • Program expense ratio: 97.4%; rating input score 97

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: 16.9%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 2.4; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 15.9% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 11.8% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 15.1% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 81.8% of revenue deployed · 97.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $70K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2013 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.

  • Review — Sustainability: Officer compensation ratio scored 56/100.