James Shook Family Foundation Inc

Nonprofit profile at a glance

EIN
352113755
IRS 990-EZ coverage
2019–2024
Forms available
Form 990 2018, Form 990-EZ 2024
Location
Lafayette, IN, USA
Phone
7657429078
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$13,247
Expenses
$8,227
Assets
$191,481

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

Leadership & pay

12 people listed

Executive titles in this filing

  • CHARLIE SHOOK (PRESIDENT)

People named in this filing

  • WILLIAM DAVID LASATER (SECRETARY)
  • CHARLIE SHOOK (PRESIDENT)
  • ANGELA STRADER (CLASS A DIRE)

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

Support the educational and charitable functions of the community foundation of greater lafayette with a priority in arts.

What it reported doing in 2024

The purpose is to support and supplement the educational and charitable functions of the community foundation of greater lafayette

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 82
  • Sustainability: 75
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 37.7%; rating input score 38
  • Program expense ratio: 60.8%; rating input score 61

Transparency & Controls

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

Sustainability

  • Operating margin: 37.9%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 23.27; rating input score 96; 96th 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: -71.2% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -57.4% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -1.6% per year; rating input score 0; 33rd percentile among comparable filings

Details

  • Where the money goes: 37.7% of revenue deployed · 60.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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 38/100.
  • 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.