Downtown Rockwall Association Inc
Nonprofit profile at a glance
- EIN
- 814050899
- IRS 990-EZ coverage
- 2018–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2017
- Location
- Rockwall, TX, USA
- Phone
- 4696289106
- Rating confidence
- Limited
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $-4,375
- Expenses
- $3,875
- Assets
- $37,907
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- KEVIN LEFERE (PRESIDENT/TR)
People named in this filing
- KEVIN LEFERE (PRESIDENT/TR)
- HAILEE HANDY (VICE PRESIDE)
- GUNNAR LEDERMANN (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
Seasonal festivals and events to promote downtown shopping and development.
What it reported doing in 2023
Seasonal festivals and events
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 36
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -188.6%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 9.78; rating input score 91; 91st 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: 12.6% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: -21.4% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: 9.6% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $88K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2018 to 2023
- 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.