Foundation of Fallen Electrical Lineman

Nonprofit profile at a glance

EIN
462794268
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2013
Location
Madisonville, LA, USA
Phone
9857732753
Rating
51
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$1,141,527
Expenses
$24,907
Assets
$1,233,569
Liabilities
$89,301

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

Leadership & pay

5 people listed

Executive titles in this filing

  • REBEKAH BOYD (EXECUTIVE DIRECTOR)
  • MICHAEL L BOYD (President)

Highest reported compensation

  • REBEKAH BOYD (EXECUTIVE DIRECTOR): $13,077 total reported compensation

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

Overview

Mission

To help support the families of linemen who have lost their lives.

What it reported doing in 2024

To help the families of fallen linemen and seriously wounded in the line of duty. To build a national memorial to bring recognition to the trade and honor the lineworkers killed in the line of duty.to share accident information with the industry to promote awareness and a safety message to prevent and eventually eliminate fatalities and serious accidents.to provide scholarships to deserving individuals wanting to persue a role in the electrical line industry.

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

MIXED - 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: 14
  • Transparency & Controls: 86
  • Accountability: 63
  • Sustainability: 82
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.9%; rating input score 1
  • Program expense ratio: 41.5%; rating input score 41
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 16th 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; 63rd percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 97.8%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 49.53; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 52.5%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -28.5% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 18.6% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 16.5% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 0.9% of revenue deployed · 41.5% of spending went to programs
  • Governance: 4 of 4 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $10K in reported program spending
  • Leadership: top reported pay $13K · 5 people listed
  • Consistency: 19 of 20 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 2 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 1/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 41/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.