December 5Th Fund
Nonprofit profile at a glance
- EIN
- 813532860
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Maryland Heights, MO, USA
- Phone
- 3145947125
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Family Services
Reported finances
- Revenue
- $173,888
- Expenses
- $209,700
- Assets
- $32,647
- Liabilities
- $25,632
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Thomas Louis Wiley Jr (Executive Director)
- Ryan Farmer (President)
Highest reported compensation
- Thomas Louis Wiley Jr (Executive Director): $75,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The December 5th Fund's purpose is to provide families affected with cancer a strategically planned out day to strengthen family values, while also offering in-home maintenance services for the family such as housecleaning, minor home repairs, laundry, and lawn care regardless of race, ethnicity, or origin.
What it reported doing in 2024
Great Day Program. Our Great Day Program is the foundation for The December 5th Fund. It was inspired by the last great day that our founder and his children had with his late-wife before she passed away from cancer a month later. It was a day full of small moments that still continues to inspire countless families across the St. Louis region. This program is more than just an exciting and relaxing day out for a family with a sick loved one. It's a day to get back one of the most precious commodities in life while you're caring for someone with cancer - time. Our team gives families a day they will never forget, long after the burden of cancer is gone. This day could involve breakfast for 20 at a favorite restaurant or tickets to their favorite sporting event. Whatever the family enjoys, we will design a custom experience based on their specific needs. While the family is out enjoying their day, our team of local volunteers work tirelessly to ensure the family returns home to a pleasant and stress-free surprise. Often, this includes updated landscaping with new outdoor furniture, a spotless and organized home, and the completion of many other household chores that become overwhelming when you are fighting cancer or caring for someone who is. Since helping our first family in 2016, The December 5th Fund has provided Great Day experiences and Helping Hands support services to more than 115 families in the bi-state region. Hundreds of thousands of dollars in special experiences, improvements/renovations to homes, and support services have been provided at absolutely no charge to families dealing with a cancer diagnosis.
Operating model
- Revenue model
- Donor-supported. 96% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 92
- Accountability: 69
- Sustainability: 11
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.4%; rating input score 80
- Program expense ratio: 66.6%; rating input score 67
- Fundraising efficiency: $6.07 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 83.3%; rating input score 83; 22nd 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: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -20.6%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.79; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 35.8%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: -1.1% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: -8.2% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 80.4% of revenue deployed · 66.6% of spending went to programs
- Governance: 5 of 6 board members independent · 4 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $140K in reported program spending
- Leadership: top reported pay $75K · 6 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 26/100.
- High — Sustainability: Operating margin scored 14/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- High — Sustainability: Officer compensation ratio scored 8/100.