Mcduffie Scholarship & Loan Foundation Inc

Nonprofit profile at a glance

EIN
581794412
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Thomson, GA, USA
Phone
7067386641
Rating
95
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$28,103
Expenses
$25,146
Assets
$360,363

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

Leadership & pay

4 people listed

Executive titles in this filing

  • KIM BRAGG (EXECUTIVE DIRECTOR)
  • ANDY KNOX SR (PRESIDENT)

People named in this filing

  • KIM BRAGG (EXECUTIVE DIRECTOR)
  • KENNETH USRY (TREASURER)
  • ANDY KNOX SR (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Post secondary school scholarships

What it reported doing in 2024

The foundation administers over twenty scholarships eachyear, granted to graduating students from mcduffie county, ga

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% 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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 100
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.9%; rating input score 91
  • Program expense ratio: 97.4%; rating input score 97

Transparency & Controls

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

Sustainability

  • Operating margin: 10.5%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 14.33; rating input score 94; 94th 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: 0.9% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 1.3% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 90.9% of revenue deployed · 97.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $24K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • 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.

  • Review — Sustainability: Officer compensation ratio scored 56/100.