Nchof Inc

Nonprofit profile at a glance

EIN
921234582
IRS 990 coverage
2022–2023
Forms available
Form 990 2023
Location
St Louis, MO, USA
Phone
3154065882
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations
Affiliation
Christianity

Reported finances

Revenue
$6,245,300
Expenses
$4,120,394
Assets
$3,591,732
Liabilities
$116,246

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

Leadership & pay

4 people listed

Executive titles in this filing

  • JAMES KOMAN (PRESIDENT, CFO, DIRECTOR)
  • KEVIN RICE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • KEVIN RICE (EXECUTIVE DIRECTOR): $235,569 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Nchof was established to support and honor university of North Carolina student athletes of the past, present, and future. We are committed to highlighting the successes of the university's athletic programs and developing relationships between tar heels past and present. Ultimately, we expect to design and construct a standalone physical hall of fame where local fans and visiting tar heels can celebrate their athletic heroes and which we will use to provide additional services to current student athletes. Through our relationships with the student athletes and community organizations, we promote local, chapel hill area charities to further deepen the great bond between the university and the community.

What it reported doing in 2023

Develop a sports hall of fame for the university of North Carolina at chapel hill and to support student athletes of the past, present, and future. As a community organization, nchof supports local charitable organizations by helping promotion and participation in their events and programming.

Operating model

Revenue model
Donor-supported. 99% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 65
  • Accountability: 90
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.2%; rating input score 60
  • Program expense ratio: 90.7%; rating input score 91
  • Fundraising efficiency: $32.07 raised per $1 spent on fundraising; rating input score 71; 71st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 34%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 0.87; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 5.7%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: 138.4% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 98% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 95.6% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 60.2% of revenue deployed · 90.7% of spending went to programs
  • Governance: 3 of 3 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $3.7M in reported program spending
  • Leadership: top reported pay $236K · 4 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 2 filing years from 2022 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.