Friends of St Joseph Inc

Nonprofit profile at a glance

EIN
811692884
IRS 990-EZ coverage
2018–2019
Forms available
Form 990-EZ 2019
Location
St Joseph, MO, USA
Phone
8162492295
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$17,264
Expenses
$939
Assets
$253,431
Liabilities
$148,392

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • JEREMIAH REEVES (President)

People named in this filing

  • JEREMIAH REEVES (President)
  • DEB SEGAL (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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To facilitate coordination among the city of st. Joseph, Missouri, other non-profit entities and for-profit entitites in an effort to provide economic development by maintaining and increasing historical and art opportunities through the thoughtful preservation of st. Joseph's heritage.

What it reported doing in 2019

Organization has signed a memorandum of understaning with the city of st. Joseph, Missouri to facilitate economic growth by coordinating activities with the goal of expansion of historical and art attractions for the city to operate. The organization has purchased its first historical building and is in the process of accepting donations and rehabiliting the livestock exchange building, which is listed on the national register of historic buildings.current year expenses include $5,872 in investment costs and expenses related to the livestock exchange building.

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
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 82
  • Sustainability: 84
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 34%; rating input score 34
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 94.6%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 269.89; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0.59; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -146.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 25.6% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 34% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2018 to 2019
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.