Derby City Ngaus 2017 Ky Inc

Nonprofit profile at a glance

EIN
474415360
IRS 990 coverage
2016–2018
Forms available
Form 990 2018, Form 990-N 2015
Location
Frankfort, KY, USA
Phone
5025647500
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Reported finances

Revenue
$134,985
Expenses
$396,485
Assets
$0
Liabilities
$0

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

Leadership & pay

4 people listed

People named in this filing

  • BENJAMIN ADAMS (ARMY CHAIR)
  • RONNIE BARNES (TREASURER)
  • STEVE BULLARD (AIRFORCE CHA)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The mission of derby city ngaus 2017 is to promote and support adequate state and national security. Foster and support the national guard of Kentucky as a component of the armed forces of the united states of america and to enhance its relationship with the general public. Promote the common good and general welfare of the community. Sponsor or participate in activities of a patriotic nature. Conduct conferences and officer professional development opportunities for national guard soldiers and airmen. Provide entertainment, care or assistance to hospitalized veterans or members of the armed forces of the united states. Carry on programs to perpetuate the memory of deceased veterans and members of the united states armed forces.

What it reported doing in 2018

Derby city ngaus 2017 serves to promote and support adequate state and national security. Foster and support the national guard of Kentucky as a component of the armed forces of the united states of america and to enhance its relationship with the general public. Promote the common good and general welfare of the community. Sponsor or participate in activities of a patriotic nature. Conduct conferences and officer professional development opportunities for national guard soldiers and airmen. Provide entertainment, care or assistance to hospitalized veterans or members of the armed forces of the united states. Carry on programs to perpetuate the memory of deceased veterans and members of the united states armed forces.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 9
  • Growth: 80

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -193.7%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 46.2% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 36th percentile among comparable filings
  • Asset growth: -0.2% per year; rating input score 0; 34th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 4 of 4 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2016 to 2018
  • 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.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.