For Others Collective Inc

Nonprofit profile at a glance

EIN
833682484
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Franklin, TN, USA
Phone
6159708965
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$14,503,449
Expenses
$9,675,418
Assets
$18,311,178
Liabilities
$2,557,043

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DEBORAH WYATT (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DEBORAH WYATT (EXECUTIVE DIRECTOR): $207,634 total reported compensation
  • JARED BROWN (EXEC VP OF STRATEGIC PARTNERSHIPS): $123,405 total reported compensation
  • TABITHA TAYLOR (DIR, MARKETING & CREATIVE): $114,698 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

For others raises awareness and empowers best-in-class organizations to end the child welfare crisis in america.

What it reported doing in 2024

We serve as a strategic philanthropic partner to states, working alongside local governments to assess their needs and connecting them with local nonprofits that provide them with data-driven solutions. Together, we strategize solutions that are both repeatable and scalable, meeting the unique needs of each community. We empower and grant to many best-in-class organizations who are implementing data-driven, adaptable, reputable, and scalable solutions.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 86% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 75
  • Accountability: 91
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.9%; rating input score 58
  • Program expense ratio: 83.4%; rating input score 83
  • Fundraising efficiency: $13.21 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.7%; rating input score 100; 35th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 33.3%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.89; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 67; 67th percentile among comparable filings
  • Officer compensation ratio: 4.6%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 37.6% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 30.3% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 34.8% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 57.9% of revenue deployed · 83.4% of spending went to programs
  • Governance: 3 of 3 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $8.1M in reported program spending
  • Leadership: top reported pay $208K · 6 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $502K reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 25 filed money-flow records
  • Related organizations: 22 filed related-organization links
  • 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 58/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Officer compensation ratio scored 54/100.