Mineral Wells High School Project Graduation Inc

Nonprofit profile at a glance

EIN: 752682256
IRS 990-EZ coverage: 2017–2023
Forms available: Form 990-EZ 2023
Location: Mineral Wells, TX, USA
Phone: 9403252933
Rating: 84
Verdict: STRONG
Rating confidence: Moderate
Sector: Student Services, Organizations of Students

Reported finances

Revenue: $12,055
Expenses: $13,768
Assets: $0
Liabilities: $140

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

JACY ROACH (CO-PRESIDENT)
STEFANY JOHNSTON (CO-PRESIDENT)

People named in this filing

JACY ROACH (CO-PRESIDENT)
STEFANY JOHNSTON (CO-PRESIDENT)
JENNIFER MAHAN (TREASURER)

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

Encourage students of mineral wells high school to complete their high school education by providing a drug-free, smoke-free celebration for all graduating students, award scholarships and prizes that will assist students in their next phase of life.

What it reported doing in 2023

Graduation event expenses for all graduating students

Operating model

Revenue model: Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and program spending has declined or grown slowly.

Rating breakdown

Financial Efficiency: 100
Transparency & Controls: 82
Sustainability: 20
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 100%; 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: -14.2%; rating input score 28; 28th percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 2; 2nd 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: -0.7% per year; rating input score 0; 47th percentile among comparable filings
Revenue growth: -19.4% per year; rating input score 0; 16th percentile among comparable filings
Asset growth: -38.1% per year; rating input score 0; 6th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $35K in reported program spending
Leadership: top reported pay $0 · 7 people listed
Consistency: 6 of 7 current checks pass · 1 finding to review
Schedules: 3 filed schedules
Filing history: 6 filing years from 2017 to 2023
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.

Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Operating margin scored 28/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.