Giving Backpack Foundation
Nonprofit profile at a glance
- EIN
- 453866826
- IRS 990-EZ coverage
- 2012–2023
- Forms available
- Form 990-EZ 2023
- Location
- Avon, IN, USA
- Phone
- 2193088694
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $562
- Expenses
- $1,153
- Assets
- $2,509
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Cecil Collins (CEO)
- Tynisha Collins (President of the Board)
People named in this filing
- Cecil Collins (CEO)
- Philip Murray (Marketing Director)
- Tynisha Collins (President of the Board)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization strives to provide educational assistance to low-income students
What it reported doing in 2023
We spent a total of 189.94 to purchase backpacks for a Christmas event in Indianapolis, Indiana.
Operating model
- Revenue model
- Donor-supported. 100% 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 27
- Transparency & Controls: 100
- Sustainability: 38
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.8%; rating input score 34
- Program expense ratio: 16.5%; rating input score 16
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: -105.2%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 2.18; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -24.1% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: -19.2% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: -2.5% per year; rating input score 0; 30th percentile among comparable filings
Details
- Where the money goes: 33.8% of revenue deployed · 16.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $190 in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2012 to 2023
- 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 34/100.
- High — Financial Efficiency: Program expense ratio scored 16/100.
- High — Sustainability: Operating margin scored 8/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.