Giving in Faith Together Inc

Nonprofit profile at a glance

EIN
621526702
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024, Form 990-N 2007
Location
Nashville, TN, USA
Phone
6298672947
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$8,417
Expenses
$6,011
Assets
$12,828

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • DICKEY LEE (PRESIDENT)

People named in this filing

  • DICKEY LEE (PRESIDENT)
  • TERRY TIBBOTT (BOARD MEMBER)
  • LISA DRUM (SECRETARY/TR)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Gift inc's charitable purpose is to assist needy musicians, songwriters, their families, and others, especially those who are sick, destitute, homeless, hungry, and unable to pay their bills.

What it reported doing in 2024

Giving in faith together participated in and helped to provide first tuesdays speaker panels and potluck free luncheons open to the public to help raise awareness and receive charitable contributions. Giving in faith together also participated in clubcorp charities, provided medical bill payments, rental assistance, childcare assistance, funeral arrangement assistance, and grocery card assistance.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 82
  • Sustainability: 64
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.4%; rating input score 57
  • Program expense ratio: 80.4%; rating input score 80

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 28.6%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 2.13; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -7.4% per year; rating input score 0; 31st percentile among comparable filings
  • Revenue growth: -1.7% per year; rating input score 0; 44th percentile among comparable filings
  • Asset growth: 7.4% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 57.4% of revenue deployed · 80.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2017 to 2024
  • 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.

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

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.