Derrick Thomas Neil Smith Third And
Nonprofit profile at a glance
- EIN
- 431610439
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Kansas City, MO, USA
- Phone
- 8169315855
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $135,623
- Expenses
- $170,688
- Assets
- $40,865
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- BETTY BROWN (PRESIDENT)
People named in this filing
- NEIL SMITH (CHAIRMAN)
- BETTY BROWN (PRESIDENT)
- MIKE MCINERNEY (TREASURER)
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
Encourage and teach reading skills
What it reported doing in 2024
The derrick thomas & neil smith third and long foundation strives to sack illiteracy by providing the support necessary to improve reading skills of students in the greater kansa
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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 92
- Sustainability: 26
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.1%; rating input score 53
- Program expense ratio: 42.2%; rating input score 42
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -25.9%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 7.8% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: -4.4% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 53.1% of revenue deployed · 42.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $72K in reported program spending
- Leadership: top reported pay $0 · 26 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Financial Efficiency: Mission deployment rate scored 53/100.
- Moderate — Financial Efficiency: Program expense ratio scored 42/100.
- High — Sustainability: Operating margin scored 6/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Growth: Asset growth scored 0/100.