Friends of Padre Inc
Nonprofit profile at a glance
- EIN
- 383760883
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Corpus Christi, TX, USA
- Phone
- 3616587159
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $137,620
- Expenses
- $75,061
- Assets
- $169,030
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- AARON BAXTER (PRESIDENT)
- JEFF WOLDA (VICE PRESIDENT)
People named in this filing
- AARON BAXTER (PRESIDENT)
- TYLER THORSEN (VICE PRES)
- MATT SNOWDEN (TREASURER)
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
Beautification, education & preservation of national seashore
What it reported doing in 2024
National seashore beach cleanup & public education event
Operating model
- Revenue model
- Donor-supported. 90% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 91% 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 - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 100
- Sustainability: 75
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43.2%; rating input score 43
- Program expense ratio: 77.1%; rating input score 77
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 45.5%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 2.25; rating input score 83; 83rd 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: 14.9% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 12.7% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 10.6% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 43.2% of revenue deployed · 77.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $58K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2011 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 43/100.