Circle of Friends Celebrating Life Inc

Nonprofit profile at a glance

EIN
753179247
IRS 990 coverage
2011–2018
Forms available
Form 990 2018, Form 990-EZ 2010
Location
North Richland Hills, TX, USA
Phone
4047562782
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$22,709
Expenses
$192,230
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • AMANDA TERRY (PRESIDENT/CH)

Highest reported compensation

  • LISA WILLIAMS (EXECUTIVE DI): $51,083 total reported compensation
  • ERIN BLOUNT (TREASURER): $1,438 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To assist youth and young women survivors of violence, street life, and human trafficking in their efforts to pursue educational endeavors and acquire skills to become self-sufficient.

What it reported doing in 2018

The organization ceased operations in 2018. For twenty years, circle of friends: celebrating life, inc ("cof") has educated, equipped, and empowered women to live their best life, free of violence, and to pay it forward by serving and mentoring other women and girls. Throughout these two decades, circle of friends has collaborated with federal, state, and local agencies; non-profit organizations; colleges; and universities to fight the horrors of child sex trafficking and exploitation in communities across Georgia and the country. Cof adopted a two-pronged approach to achieving its goals: programming and advocacy. Cof developed programs based on preventative training and proven intervention and rehabilitation strategies, including safe refuge, education, training, and development opportunities to counter the adverse effects of child abuse and exploitation. Cof's advocacy efforts also paved a path toward the prevention and intervention of trafficking and exploitation through legislative and grassroots community campaigns. The work that we have done not only transformed lives but also addressed and offered solutions for a culture of violence that had been ignored, hidden, and misunderstood for too long. As our way of honoring this twenty-year journey, the girls and young women we stood in the gap for and the route we have walked together, we officially established on november 8, 2018, an endowed scholarship, the circle of friends impact scholarship fund. This scholarship is our legacy, a tangible and lasting means of unleashing hope and uniting humanity, our ultimate commitment.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 47% for direct work, and 53% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The required major-donor schedule is missing or incomplete and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 81
  • Accountability: 60
  • Sustainability: 4
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.2%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 21st percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: -746.5%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 27.3%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: -10.1% per year; rating input score 0; 33rd percentile among comparable filings
  • Revenue growth: -19.8% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: -13.7% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.2% of spending went to programs
  • Governance: 4 of 6 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $189K in reported program spending
  • Leadership: top reported pay $51K · 6 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2011 to 2018
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Transparency & Controls: Major donor itemization scored 0/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.