Fostering A New U
Nonprofit profile at a glance
- EIN
- 814913249
- IRS 990-EZ coverage
- 2017–2017
- Forms available
- Form 990-EZ 2017
- Location
- Jacksonville, FL, USA
- Phone
- 9045251824
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Homeless Shelters
Reported finances
- Revenue
- $2,500
- Expenses
- $2,500
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Regina Ashwood (President)
People named in this filing
- Regina Ashwood (President)
- Karen English (Treasurer)
- Terri Morrison (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
The purpose for which the cooperation is organized is exclusively charitable and educational within the meaning of section 501 (c) (3) of the Internal Revenue Code of 1986 and the corresponding provision of any future United States Internal Revenue Law. It will expand the level of individuals in obtaining the best that life has to offer via religious, academic tutoring, and athletic training.
What it reported doing in 2017
This is the first year of operation. We have accomplished establishing a sound foundation to kick off 2018 with our programs.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.
The verdict
MIXED - The filed numbers largely add up. 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: 20
- Transparency & Controls: 82
- Sustainability: 28
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20%; rating input score 20
- Program expense ratio: 20%; rating input score 20
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 20% of revenue deployed · 20% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $500 in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- 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 — Financial Efficiency: Mission deployment rate scored 20/100.
- High — Financial Efficiency: Program expense ratio scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Moderate — Sustainability: Operating margin scored 45/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.