Charles Davis Foundation
Nonprofit profile at a glance
- EIN
- 621284675
- IRS 990 coverage
- 2012–2012
- Forms available
- Form 990 2012
- Location
- Nashville, TN, USA
- Phone
- 6152540396
- Rating confidence
- Limited
- Sector
- Basketball
Reported finances
- Revenue
- $410,423
- Expenses
- $432,111
- Assets
- $108,083
- Liabilities
- $100,000
Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
10 people listed
Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To empower inner city youth and families to reach their full potential through p.e.a.c.e, positive, educational, athletic, cultural and ecomomic developement.
What it reported doing in 2012
The foundation conducts a program to empower inner-city youth and families to reach their full potential through positive, educational, athletic, cultural, and economic development. The peace program includes sports camps and activities, computer skills and tutoring, cultural activities such as field trips to fine art performances and nature expeditions, and economic professional and life skills.
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
- Includes noncash contributions: Reported contributions include donated property or goods.
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: NotEnoughData
- Transparency & Controls: 93
- Accountability: 62
- Sustainability: 21
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 16th 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: 70%; rating input score 70; 17th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: -5.3%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.25; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.93; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 25.3%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 7 of 10 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $335K in reported program spending
- Leadership: top reported pay $44K · 10 people listed
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.