Navarro County Go Texan Scholarship Foundation Inc

Nonprofit profile at a glance

EIN: 270675718
IRS 990-EZ coverage: 2017–2017
Forms available: Form 990-EZ 2017
Location: Corsicana, TX, USA
Rating: 67
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue: $98,361
Expenses: $127,713
Assets: $53,527

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

PATRICIA ANN REED (PRESIDENT)

People named in this filing

PATRICIA ANN REED (PRESIDENT)
KIMBERLY SPENCER (SECRETARY)
KASEY MCGRAW (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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

What it reported doing in 2017

Navarro county go Texas scholarship foundation, inc. Provides funds in the form of scholarships to individual graduating seniors residing in navarro county, Texas to assist in paying the cost of higher education. In addition, the foundation is required to participate and the houston livestock show which also benefits students. During the year, the foundation helped 29 students with scholarships which were used for higher education costs.

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 available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 66
Transparency & Controls: 82
Sustainability: 22
Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 71.9%; rating input score 72
Program expense ratio: 55.3%; rating input score 55

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -29.8%; rating input score 16; 16th percentile among comparable filings
Total-asset coverage ratio: 0.42; rating input score 27; 27th 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: Limited
Revenue growth: Limited
Asset growth: Limited

Details

Where the money goes: 71.9% of revenue deployed · 55.3% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $71K in reported program spending
Leadership: top reported pay $0 · 3 people listed
Consistency: 6 of 6 current checks pass
Schedules: 2 filed schedules
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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

Review — Financial Efficiency: Program expense ratio scored 55/100.
High — Sustainability: Operating margin scored 16/100.
High — Sustainability: Total-asset coverage ratio scored 27/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.