Byard Family Legacy Fund Inc
Nonprofit profile at a glance
- EIN
- 843442489
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Oak Hill, TN, USA
- Phone
- 6156904820
- Rating confidence
- Limited
- Sector
- Youth Development Programs
Reported finances
- Expenses
- $15,995
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- KEVIN BYARD (PRESIDENT)
People named in this filing
- KEVIN BYARD (PRESIDENT)
- CLARK CONNER-BYARD (VICE PRESIDE)
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
The byard family legacy foundation understands that we all fall down, but that the most important part is to stand back up. We want to be that outreached hand to help our communities stand tall once again. We aim to provide all families and individuals in our community with hope, making sure everyone who needs it gets a second chance. We are here to support families, inspire hope, and to love our community. We will be a sanctuary for families.
What it reported doing in 2024
Kevin and clarke believe everyone goes through lifes trials and tribulations and the ups and downs of life can often be difficult, if not impossible, to go through alone. To combat the truly heartbreaking stories, grace grant was started. The grant stands for second chance; to be that helping hand to get you back on a better track.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 82
- Sustainability: 10
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -67.3% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: -63.7% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: 12.9% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $16K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 3 of 3 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- 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.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.