Escape from Poverty

Nonprofit profile at a glance

EIN
273893742
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023, Form 990-N 2020
Location
Lafayette, LA, USA
Phone
3379844858
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Services N.E.C.

Official website

Reported finances

Revenue
$61,775
Expenses
$106,578
Assets
$36,130
Liabilities
$1,470

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Teresa Robertson (Executive Director)
  • Ken Stansbury (President)
  • Lillian Henry (Vice-President)

People named in this filing

  • Teresa Robertson (Executive Director)
  • Ken Stansbury (President)
  • Lillian Henry (Vice-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-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We exist to ignite hope, success, and transformation by empowering impoverished families to ESCAPE FROM POVERTY by providing power courses, relationships, and motivation within a faith-based community environment.

What it reported doing in 2023

We have several individuals who continue on from our Success Series program and enter into our Graduate Program to continue to pursue their goals while maintaining the connectivity with those walking through the same process. This allows for collaboration and knowing that you are not in the fight alone.

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 97% 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. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 100
  • Sustainability: 15
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.2%; rating input score 65
  • Program expense ratio: 37.8%; rating input score 38

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: -72.5%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.34; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 51%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 64.4% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -41.8% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -79.7% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 65.2% of revenue deployed · 37.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $40K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Program expense ratio scored 38/100.
  • High — Sustainability: Operating margin scored 11/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.