Daniels Notes Inc
Nonprofit profile at a glance
- EIN
- 824087536
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2024
- Location
- Mint Hill, NC, USA
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Counseling, Support Groups
Reported finances
- Revenue
- $2,091
- Expenses
- $2,336
- Assets
- $5,371
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Tashlyn Thomas-Rhodes (Executive Director)
- Nicole Grafton (President)
People named in this filing
- Tashlyn Thomas-Rhodes (Executive Director)
- JhaeMad Kelson (Treasurer)
- Nicole Grafton (President)
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
Daniels Notes Inc. is a 501c3 nonprofit organization committed to raising mental health awareness and providing resources to individuals in need particularly those from underserved and vulnerable communities. Since its founding in 2018 the organization has developed a range of impactful programs and services that contribute to its mission.
What it reported doing in 2024
The Daniel Edwards Scholarship FundTo support future leaders in mental health fields Daniels Notes Inc. has established the Daniel Edwards Scholarship Fund which awards scholarships to students pursuing degrees in mental health psychology social work and other related fields.- Annual Scholarships: The organization awards $10,000 annually to deserving students helping to alleviate the financial burden of education and encouraging more professionals to enter the mental health workforce.- Mentorship Program: In addition to financial support scholarship recipients are paired with mentors from the mental health field to provide guidance resources and career development support.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 40
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.6%; rating input score 96
- Program expense ratio: 85.6%; rating input score 86
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -11.7%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 2.3; rating input score 68; 68th 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: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 95.6% of revenue deployed · 85.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.