Compassion Mb Llc

Nonprofit profile at a glance

EIN
861274981
IRS 990-EZ coverage
2021–2023
Forms available
Form 990-EZ 2023
Location
Myrtle Beach, SC, USA
Phone
8432512693
Rating
88
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$10,655
Expenses
$11,250
Assets
$11,473

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

Leadership & pay

2 people listed

Executive titles in this filing

  • GREGORY SISSON (PRESIDENT)

People named in this filing

  • GREGORY SISSON (PRESIDENT)
  • STEPHANIE SISSON (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Engage in various activities in horry county, sc and elsewhere, intended to provide food, clothing, shelter, and other material assistance to those individuals who are indentified as "needy- or otherwise unable to provide basic levels of support for themselves and their families. This will include, for example, individual that have been displaced from their home by fire, lost their homes due to economic hardship, loss of income or unemployment, or other unforeseen personal hardship or crisis.

What it reported doing in 2023

Provide food, clothing, shelter, and other material assistance to those individuals who are indentified as "needy- or otherwise unable to provide basic levels of support for themselves and their families.

Operating model

Revenue model
Donor-supported. 100% 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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: -5.6%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 1.02; rating input score 46; 46th 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: 62.1% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -9.1% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: 5% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2021 to 2023
  • Contacts: How to reach this organization
  • 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.