Fat Boy Foundation

Nonprofit profile at a glance

EIN
991581418
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Henderson, TX, USA
Phone
9036582538
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$171,635
Expenses
$100,763
Assets
$116,256

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • KAREN HOLLAND (PRESIDENT)
  • MATT STRONG (VICE PRESIDENT)

People named in this filing

  • KAREN HOLLAND (PRESIDENT)
  • AMELIA WHITE (TREASURER)
  • MATT STRONG (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide scholarships to graduates continue to do good deeds for the community

What it reported doing in 2025

Scholarships for higher education for students of the community and assistance to community members in need.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. 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: 40
  • Transparency & Controls: 82
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 31.8%; rating input score 32
  • Program expense ratio: 54.2%; rating input score 54

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 41.3%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.15; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 26.1% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 48.5% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 87.7% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 31.8% of revenue deployed · 54.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $55K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • 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 — Financial Efficiency: Mission deployment rate scored 32/100.
  • Review — Financial Efficiency: Program expense ratio scored 54/100.