Gap at Sawmill Meadow
Nonprofit profile at a glance
- EIN
- 921696751
- IRS 990 coverage
- 2024–2025
- Forms available
- Form 990 2025, Form 990-N 2023
- Location
- Plano, TX, USA
- Phone
- 5122752716
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $300,176
- Expenses
- $263,018
- Assets
- $66,605
- Liabilities
- $3,104
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- MATT DORSETT (PRESIDENT)
- TAMMY DORSETT (VICE PRESIDENT)
Highest reported compensation
- TAMMY DORSETT (VICE PRESIDENT): $12,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporation is organized to serve young adults by providing skills training, discipleship, and programming that cultivates wholeness of mind, soul and body so as to enable them to discern their god-ordained purpose and prepare them to embrace responsible adulthood.
What it reported doing in 2025
Provided mentoring sessions focused on developing essential life skills such as budgeting, communication, conflict resolution, and time management to new adults.
Operating model
- Revenue model
- Donor-supported. 85% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 92
- Accountability: 52
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.2%; rating input score 69
- Program expense ratio: 79%; rating input score 79
- Fundraising efficiency: $5,087.86 raised per $1 spent on fundraising; rating input score 99; 99th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 71.4%; rating input score 71; 21st percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 12.4%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.25; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 4.6%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 17.7% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 36.8% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 82.1% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 69.2% of revenue deployed · 79% of spending went to programs
- Governance: 5 of 7 board members independent · 2 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $208K in reported program spending
- Leadership: top reported pay $12K · 7 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.