Doc Smith Legacy Foundation
Nonprofit profile at a glance
- EIN
- 861444256
- IRS 990-EZ coverage
- 2021–2023
- Forms available
- Form 990 2022, Form 990-EZ 2023, Form 990-N 2020
- Location
- Sacramento, CA, USA
- Phone
- 9168442283
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $83,623
- Expenses
- $77,544
- Assets
- $190,088
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MIKE REID (BOARD PRESIDENT)
- MATT POWERS (BOARD VICE PRESIDENT)
- MURDOCK SMITH (BOARD EXECUTIVE DIRECTOR)
People named in this filing
- MIKE REID (BOARD PRESIDENT)
- MATT POWERS (BOARD VICE PRESIDENT)
- MELLONIE YANG (BOARD SECRETARY)
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
Our mission is to assist our students and community with endeavors that will further their opportunities for jobs and scholarships.
What it reported doing in 2023
Hardship grants to students
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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 93
- Sustainability: 63
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.7%; rating input score 65
- Program expense ratio: 69.8%; rating input score 70
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 3rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 7.3%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 2.45; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 74.2% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: -14.5% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: 22.6% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 64.7% of revenue deployed · 69.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2021 to 2023
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 59/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.