Ferriday Place Ii Inc
Nonprofit profile at a glance
- EIN
- 721518442
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Ferriday, LA, USA
- Phone
- 3187572361
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $135,753
- Expenses
- $154,182
- Assets
- $467,105
- Liabilities
- $57,856
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- DWAYNE GUICE (Director)
- GUY BARFIELD (Director)
- ARNALL THOMAS MOORE (Director)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Low income elderly housing.
What it reported doing in 2024
Provide a 16 unit apartment complex for low income elderly persons.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80%; rating input score 80
- Program expense ratio: 70.4%; rating input score 70
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -13.6%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 3.03; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 12.2% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: -4.1% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 80% of revenue deployed · 70.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $109K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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: Operating margin scored 12/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.