Fais Do Do Foundation

Nonprofit profile at a glance

EIN
474929443
IRS 990-EZ coverage
2015–2017
Forms available
Form 990-EZ 2017
Location
Metairie, LA, USA
Phone
5047823190
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fishing, Hunting

Reported finances

Revenue
$56,120
Expenses
$53,399
Assets
$3,335

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • REGAN LEOPOLD (PRESIDENT/TREASURER)
  • RYAN LEOPOLD (VICE PRESIDENT)

People named in this filing

  • REGAN LEOPOLD (PRESIDENT/TREASURER)
  • RYAN LEOPOLD (VICE PRESIDENT)
  • SUZANNE ALFORD (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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Conducting an annual fishing rodeo; and for all other charitable causes which its directors deem appropriate

What it reported doing in 2017

Expenses to conduct the annual fishing rodeo merchandise, food, production, equipment rental, entertainment.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.7%; rating input score 74
  • Program expense ratio: 77.5%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 4.8%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 8; 8th 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: 8.4% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 87.1% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 126.7% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 73.7% of revenue deployed · 77.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $41K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2015 to 2017
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.