Friends of the Gap Inc
Nonprofit profile at a glance
- EIN
- 844467254
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Buffalo Gap, TX, USA
- Phone
- 3255703097
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $30,572
- Expenses
- $166,859
- Assets
- $64,328
- Liabilities
- $298
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- Taylor Miles (Executive Dir.)
- Lisa Perini (member)
- Dean Criswell (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Friends of the Gap promotes stewardship, supports a sustainable local economy and preserves the heritage of Buffalo Gap.
What it reported doing in 2025
Smithsonian Program - Buffalo Gap was selected as one of seven rural communities in Texas that hosted "Crossroads: Change in Rural America" - A traveling exhibit of the Smithsonian Museum. The exhibit was on display in Buffalo Gap from March 14-April 25, 2025.
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
- 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 100
- Sustainability: 13
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 71.8%; rating input score 72
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -445.8%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 21.4%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 77.8% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 7.3% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 13.7% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 71.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 10 filed program accomplishments · $120K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Sustainability: Operating margin scored 3/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.