Mephibosheth Project Inc
Nonprofit profile at a glance
- EIN
- 473446119
- IRS 990-EZ coverage
- 2021–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2020
- Location
- Goldsboro, NC, USA
- Phone
- 9192881363
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
Reported finances
- Revenue
- $118,499
- Expenses
- $103,399
- Assets
- $19,603
- Liabilities
- $8,755
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- MARVIN R ALEXANDER (EXECUTIVE DI)
- JOE DEPALANTINO (BOARD CHAIR)
- MARY EMMA ROBERTS (BOARD SECRET)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To reduce rate of recidivism by providing support system to redirect juveniles entangled with the juducial system to a path of purpose & productivity.
What it reported doing in 2023
Adult reentry - guidance to individuals returning to local community after incarceration or on probation. Community intervention program - counseling to troubled youth as part of juvenile crime prevention program.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 39
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.1%; rating input score 87
- Program expense ratio: 99.8%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 12.7%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.45; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 18.1%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 25% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 26.4% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: -18.8% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 87.1% of revenue deployed · 99.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $103K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2021 to 2023
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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: Total-asset coverage ratio scored 17/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- High — Sustainability: Officer compensation ratio scored 18/100.