Gallant Hearts Guide Dog Center
Nonprofit profile at a glance
- EIN
- 364661482
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-EZ 2011, Form 990-N 2012
- Location
- Madison, MS, USA
- Phone
- 6018562558
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Blind/Visually Impaired Centers
Reported finances
- Revenue
- $163,317
- Expenses
- $242,007
- Assets
- $830,184
- Liabilities
- $157,207
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- REBECCA FLOYD (PRESIDENT)
- GARY BUDDY COLLINS (VICE PRESIDENT)
People named in this filing
- CYNTHIA ALLEN MD (BOARD MEMBER)
- GARLAND STEADMAN (BOARD MEMBER)
- LUKE NEALEY (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To breed, raise, train and place healthy, well-trained dogs to lead people who are blind and to do all things necessary to achieve this goal. Gallant hearts guide dog center provides guide dogs, free of charge, to qualified individuals to enhance dignity, promote independent living, productivity, and self-confidence, through improved mobility.
What it reported doing in 2024
During 2024 gallant hearts renovated an old, 5 run kennel with indoor/outdoor runs for the guide dogs in training and breeding stock. This is a state of the art kennel with controlled environment and more sanitary living conditions. This renovation was done at no expense to gallant hearts through the generous donation of a supporter.the organization bred two litters of puppies and the breeding and raising of these puppies were funded through a grant from the delta gamma foundation. Some puppies were donated to the organization and gallant hearts purchased a couple of puppies that were needed for training.the donations from delta gamma chapters continue to improve each year and the contribution from the organization's bingo hall also increased and is likely to increase more during 2025 as significant changes and improvements are being made in the bingo operation.a grant writer has been identified and in late 2024, gallant hearts contracted with the grant writer and received funding from another organization to help with the costs of the grant writer.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 86
- Accountability: 100
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.7%; rating input score 100
- Program expense ratio: 67.3%; rating input score 67
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 25th 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: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -48.2%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 3.43; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 18% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 99.7% of revenue deployed · 67.3% of spending went to programs
- Governance: 13 of 13 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $163K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 23 of 24 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 5/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 20/100.