Morehead Gateway Helping Hands Foodbank
Nonprofit profile at a glance
- EIN
- 271346551
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2012
- Location
- Morehead, KY, USA
- Phone
- 6067809704
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Food Banks, Pantries
Reported finances
- Revenue
- $175,990
- Expenses
- $99,784
- Assets
- $357,722
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- CHARLES FULTZ (PRESIDENT)
People named in this filing
- CHARLES FULTZ (PRESIDENT)
- WANDA FULTZ (EXECUTIVE DI)
- KELLY BLANKENSHIP (VICE PRESIDE)
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
To fight hunger and poverty
What it reported doing in 2024
Prodive food, clothing, utility assistance and other assistance as needed to many families and individuals in rowan county
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
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 82
- Sustainability: 77
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.5%; rating input score 52
- Program expense ratio: 92.5%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 43.3%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 3.58; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 32.6% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 2% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 27.6% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 52.5% of revenue deployed · 92.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $92K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 52/100.