Drive Strong Inc

Nonprofit profile at a glance

EIN
824981240
IRS 990 coverage
2020–2022
Forms available
Form 990 2022, Form 990-EZ 2019
Location
Dawsonville, GA, USA
Phone
6783818527
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$223,491
Expenses
$292,765
Assets
$247,707
Liabilities
$106,926

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • JAN STOCKBRIDGE (PRESIDENT)

People named in this filing

  • PHILIP CRANE (TREASURER)
  • JAN STOCKBRIDGE (PRESIDENT)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Drive strong, inc. Provides atlanta teenagers with a unique opportunity to learn life-saving advanced driving skills from professional instructors. The organization pledges to raise awareness of about the risks and dangers of unsafe driving, providing teens with a solid foundation on the tools and skills necessary to reduce risky driving and promote safe, defensive driving to teens of all ages.

What it reported doing in 2022

Drive strong inc - in partnership with atlanta motorsports park - provides atlanta teenagers with a unique opportunity to learn life-saving advanced driving skills from professional instructors. Using the park's state of the art training facilities, including a world class skid pad and ice hill, drive strong atlanta teaches advanced driving maneuvers that are not covered during traditional drivers education. Students learn vital driving skills for life including wet weather, evasive and defensive handling skills as well as the dangers of distracted driving. The organization provides a one-day instructional teen driving program. The program is available to students aged 15-19 who have had their permit for six months and at least 25 hours of basic driving experience with a parent or guardian. Students receive immediate feedback on safety precautions and vehicle handing corrections as students respond to real world scenarios.

Operating model

Revenue model
Earned-program. 91% 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: 83
  • Transparency & Controls: 92
  • Accountability: 64
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 82.2%; rating input score 82
  • 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: Yes; rating input score 100
  • 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: -31%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.85; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.43; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: 10.8% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 23% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 37.2% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 82.2% of spending went to programs
  • Governance: 2 of 2 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $241K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2020 to 2022
  • 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.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Sustainability: Operating margin scored 11/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.