My Broken Palace Inc

Nonprofit profile at a glance

EIN
270518339
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Rancho Santa Margarita, CA, USA
Phone
9494291000
Rating confidence
Limited
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$0
Expenses
$2,230
Assets
$16,733

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

Leadership & pay

2 people listed

Executive titles in this filing

  • SCOTT BRINSON (President)
  • PENNY MCCOY (Vice President)

People named in this filing

  • SCOTT BRINSON (President)
  • PENNY MCCOY (Vice 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

To help others in their time of brokenness. The shared desire is that no one should ever have to deal with the crushing weight of loneliness, depression, anxiety, stress, abuse, additions or thoughts of suicide alone. "no one lonely, alone"

What it reported doing in 2024

A) distributed book of hope bookletsb) new website developmentc) discussion of goals to set for the foundationd) reviewed form 990pf, return of private foundation for previous yeare) determination of net investment income of the foundation and potential tax consequences on that investment incomef) determination of minimum distribution requirement and determination of amount to be distributed prio to imposition of excise tax. Review of charitable distributions of the foundation and ratification of distributions. Review documentation files for foundations distributions to determine sufficient documentation for all donationsg) review of foundation operations to insure avoidance of self-dealing, excess business holdings, jeapordy investments and taxable expenditures.h) review of charitable contributions by donorsi) determine investment stategy for investment assetsj) review charitable activites of the foundation for the previous year and determine strategies for charitable operations for the upcoming year.k) determin scholarship grants for the coming year.l) review unrelated business income and need for federal and state income tax returns.m) review conflict of interest policy, perform the annual periodic review and have officers, directors, and members of any committee with governing board delegated powers execute an annual conflict of interest statement.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100

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: 7.5; rating input score 89; 89th 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: -25.8% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: -24.8% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: -3% per year; rating input score 0; 29th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.