John Scarlett Memorial Foundation Inc

Nonprofit profile at a glance

EIN
562170687
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-N 2023
Location
Brevard, NC, USA
Phone
5083950224
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy

Official website

Reported finances

Revenue
$394,841
Expenses
$328,181
Assets
$485,405
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Peter Mumola (President)

People named in this filing

  • Michael Dexter-Smith (Treasurer)
  • Peter Mumola (President)
  • Richard Zollinger (Secretary)

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

Overview

Mission

The Foundation is part of the Rotary organization. We are a community IMPACT club working in the local schools, assisting with crisis issues like Covid and Hurricane Helene impacts together with simple tasks like collecting trash and adopting areas in the town - we do not pay anyone as we are all volunteers. Our costs are low and we hope our IMPACT is large. We have expanded into larger more impactful projects over the last few years. This year we were fortunate to raise enough money to purchase a property to add a Youth Hub into a local Appalachian town called Rosman. The property cost us $227,000 and the renovations to add in all the ADA compliance cost us a further $105,000. The renovations are now complete and we have begun operating. Our work on Helene relief has been significant. We feel we can turn our attention to any issue in the community and make a difference.

What it reported doing in 2024

Helene relief; Project Scope This project addresses the temporary housing of 10 families whose trailer homes are being lifted to comply with the flood plane requirements of Transylvania County. Working with Habitat for Humanity of Transylvania County, and El Centro Brevard, the Brevard Rotary Club, with funds provided by Zone 33/34 and District 7670, is providing temporary housing for these affected families. Habitat is funded by the State of North Carolina to lift these trailers and El Centro is providing funding for the new stairs and decks as well as serving as the communication focal point for these families. Progress to date Lifting of the first two trailers started in early September, making it necessary to relocate these two families while this work took place. Finding temporary housing for extended periods during the Fall tourist season in Western North Carolina can be difficult and expensive. Fortunately, a member of the Rotary Club of Pisgah Forest offered two of the three cabins he and his wife own for this purpose. These cabins are equipped with full kitchens and two queen size beds plus pull-out sofas, as well as WiFi coverage. The Foggy Bottom Cabins in Pisgah Forest enabled us to initially book two cabins for ten weeks each at a rate well below other AirBnB and VRBO units in this area. The invoice attached to this report shows a discount applied to this Rotary project. We also presented each family with gift cards for food items at the local Ingles Supermarket. Lifting requires: * Survey to determine the new flood plane height * Engineering drawing of the new or upgraded foundation for this height * County approval of the foundation design * Disconnection of utilities (electrical, plumbing, HVAC) * Removal of underpinning skirt * Lifting of the trailer * Preparation of the foundation and inspection * Placing the trailer on the foundation and reconnection of utilities * Construction of the new or upgraded stairs/deck * Inspection and issuance of the Certificate of Occupancy The first four trailer lifts have taken much longer than anticipated for a variety of reasons, including weather and poor communications between the various contractors performing these tasks. The period of temporary housing has therefore be extended. Habitat for Humanity, the party funding the lifting, has since made changes to expedite this process for the next set of trailers and has assured us that they will be able to support any overrun we may incur for temporary housing. As of this date two families have returned home and two more are expected to return in the next week or so. All four trailers are located on Ducks Drive, and the next trailers to be lifted are on Metcalf and Cemetery Roads. A single contractor with their own captive personnel resources will perform the lifting process. During the first weeks of the lifting process it was necessary to relocate the two families staying at Foggy Bottom Cabins to a nearby Comfort Inn for several days each. This was due to the booking commitments made prior to our contract with FBC. We have since extended the booking commitment through December and are now assured that all families affected by this project will be able to stay at the cabins without interruption. Receipts and checks for this project to date are attached as separate files. No photos are available as yet

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 88% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 67
  • Accountability: 70
  • Sustainability: 65
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.6%; rating input score 84
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 85.7%; rating input score 86; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 24.7%; rating input score 25; 39th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 16.9%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 1.48; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 83.6% of revenue deployed · 100% of spending went to programs
  • Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $328K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 41 of 43 current checks pass · 2 findings to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • 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.

  • High — Transparency & Controls: Grant itemization coverage scored 25/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.