Family Biz Builder
Nonprofit profile at a glance
- EIN
- 471483063
- IRS 990 coverage
- 2019–2025
- Forms available
- Form 990 2025, Form 990-N 2015
- Location
- Tunica, MS, USA
- Phone
- 6626718688
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $132,353
- Expenses
- $123,802
- Assets
- $68,066
- Liabilities
- $9,697
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Peggie A Henderson (CEO)
- William Goodson (President)
Highest reported compensation
- Peggie A Henderson (CEO): $18,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Family Biz Builder mission is to empower and uplift communities by equipping youth, families, and businesses with comprehensive education, fostering strong character and life skills, and delivering valuable training opportunities. See Schedule O.
What it reported doing in 2025
The NJTL Sports & Fitness Program combines character development, life skills, and education through tennis instruction. Operating under the National Junior Tennis & Learning Network and supported by the USTA Foundation, this initiative uses tennis as a vehicle for comprehensive youth development. The program delivered structured tennis and fitness classes to 55 young participants ranging from 7 to 17 years old. Results demonstrate significant progress: over half of all participants improved their foundational tennis skills and gained knowledge of basic game rules. The program's impact extended beyond the courttwo participants qualified for USTA Junior Tournament competition via the Pay It Forward Mentoring Initiative, while two others secured paid positions as Youth Tennis Coaches. These outcomes establish clear pathways for youth employment and leadership development within the tennis community.
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 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 92
- Accountability: 79
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 54%; rating input score 54
- Program expense ratio: 57.7%; rating input score 58
- Fundraising efficiency: $52.65 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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; 64th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6.5%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0.55; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 14.5%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 15.3% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 8% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 7.3% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 54% of revenue deployed · 57.7% of spending went to programs
- Governance: 6 of 6 board members independent · 4 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $71K in reported program spending
- Leadership: top reported pay $18K · 7 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 7 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 54/100.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Review — Sustainability: Operating margin scored 50/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- High — Sustainability: Officer compensation ratio scored 23/100.