Hattie M Wiggins Beacon of Light Incorporated

Nonprofit profile at a glance

EIN
842306120
IRS 990-EZ coverage
2021–2021
Forms available
Form 990-EZ 2021, Form 990-N 2020
Location
Pensacola, FL, USA
Phone
8507134060
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Foundations

Official website

Reported finances

Revenue
$3,633
Expenses
$3,591
Assets
$42
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • HATIARA OWENS (PRESIDENT (AS Health Science and Med Adm Asst))

People named in this filing

  • HATIARA OWENS (PRESIDENT (AS Health Science and Med Adm Asst))
  • CAROLYN WIGGINS (CFO (MA Marketing and Finance))
  • LASHOONDRA LEE (EXEC. ADM and FINANCE (BA Accounting))

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide resources, mental health, and wellness advocacy, and self-sufficiency training to survivors of domestic violence and childhood sexual and physical abuse and surviving children of victims and those suffering mentally from chronic illnesses, and to provide training and partnerships with other nonprofits, businesses, and organizations.

What it reported doing in 2021

HMWBOLI had 30 volunteers, the support from private donors, businesses, and corporations, $5000 in-kind services with mental health and wellness coaching for survivors, $2000 in-kind food and material donations above financial donations, and volunteer time valued at more than $2800 for 7 months for over 200 homeless campers, and provided music and art therapy for those campers. HMWBOLI provided support and training in-kind services valued at $3000 for 5 nonprofits to help them to establish their nonprofit and exemption status to aid in partnerships with other nonprofits, agencies, businesses, and organizations in the community, statewide, and nationally. HMWBOLI provided a production opportunity with in-kind services totaling $5000 to 11 survivors to tell their stories to thousands of people on a television show entitled More Than a Survivor on a local television station that was syndicated through the HMWBOLI organization to start the conversation about turning their situational traumas into the purpose that helps other survivors get an understanding of the support available, get past the mental health and wellness stigmas and myths, and spark the necessary conversations in the community of resources both available and needed.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.8%; rating input score 99
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 1.2%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 5; 5th 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: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 98.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • 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.

  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.