Headknowles Foundation Inc
Nonprofit profile at a glance
- EIN
- 843568024
- IRS 990 coverage
- 2020–2022
- Forms available
- Form 990 2022, Form 990-EZ 2021
- Location
- Delray Beach, FL, USA
- Phone
- 2428174483
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $243,508
- Expenses
- $15,485
- Assets
- $352,658
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- GINA KNOWLES (PRESIDENT)
People named in this filing
- LANA LEE BROGDON (TREASURER)
- KRYSTYNIA LEE D'ARVILLE (SECRETARY)
- GINA KNOWLES (PRESIDENT)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Headknowles foundation is a registered not-for-profit organization committed to helping the bahamas, its families and communities in times of crisis, including hurricanes, floods, fires, and other catastrophic events. Headknowles foundation believes strongly in immobilizing a global collaboration of efforts to achieve effective and sustainable results for immediate, short and long term needs. Headknowles foundation is supported by at tremendous contingency of volunteers who care passionately about the place they call home.
What it reported doing in 2022
Coordination of relief supplies including shipping, logistics, and delivery of supplies. Includes outfitting containers with supplies and delivery to warehouses and distribution centers throughout the bahamian islands.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 0
- Transparency & Controls: 90
- Accountability: 64
- Sustainability: 93
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 93.6%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 22.77; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 82; 82nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: -100% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 31.8% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 3 of 3 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2020 to 2022
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.