Loren Mccray Foundation
Nonprofit profile at a glance
- EIN
- 841860531
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Houston, TX, USA
- Phone
- 8328959812
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $6,000
- Expenses
- $0
- Assets
- $26,749
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Jeannae Sims (Associate Director)
- Loren McCray (Accountant)
- Phillip Yates (Attorney)
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
Mission: The Loren McCray Foundation seeks to inspire 'Hope in Motion' by empowering change on the individual and communal level. We aim to help people, families and communities thrive today as the foundation for a brighter tomorrow set the stage for lifelong advancement focused on emotional, education and economic prosperity. Our efforts center around enabling persons to have the tools they need to achieve the promise in their own lives. In collaboration with a Board of Directors, we will build partnerships that bring together resources, expertise and vision- working with the best organizations to identify issues, find answers and drive Hope in Motion for change!
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
REVIEW - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 8
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: 28.6% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 12.4% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 27.8% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 4 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.