Jacksboro Vision Group Inc

Nonprofit profile at a glance

EIN
815098927
IRS 990-EZ coverage
2021–2022
Forms available
Form 990 2020, Form 990-EZ 2022
Location
Jacksboro, TX, USA
Phone
9405673147
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Nonmonetary Support N.E.C.

Reported finances

Revenue
$198,166
Expenses
$521,906
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • KENNETH SWAN (PRESIDENT)

People named in this filing

  • KENNETH SWAN (PRESIDENT)
  • REBECCA SWAN (SECRETARY/TR)
  • DWAIN MILAM (DIRECTOR)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Jacksboro vision group works to maintain, build, and renovate underfunded public properties and programs in jacksboro, Texas.

What it reported doing in 2022

Maintaining/supporting underfunded public programs and facilities within jacksboro, Texas. During 2022, the organization provided landscaping and beautification for public areas of jacksboro, Texas; provided funds for dual credit courses, sports facilities, and extracurricular student programs at jacksboro isd; funded a public skate park; and provided funds to assist with community clean up, after a tornado significantly damaged the town of jacksboro. Most of jacksboro's approx 4500 residents, plus additional residents of surrounding areas, benefitted from the organization's efforts.

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 72% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 93
  • Sustainability: 8
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.2%; rating input score 99

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 2nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -163.4%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 32% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: -21.3% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -20.7% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $518K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2021 to 2022
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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 — Sustainability: Operating margin scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.