Neighbors in Need Inc

Nonprofit profile at a glance

EIN
581492053
IRS 990-EZ coverage
2020–2022
Forms available
Form 990-EZ 2022
Location
Marshall, NC, USA
Phone
8286493622
Rating
88
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$112,192
Expenses
$80,141
Assets
$97,568
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • CONNIE HARRIS (PRESIDENT)

People named in this filing

  • CONNIE HARRIS (PRESIDENT)
  • DAVID MCNAIR (SECRETARY)
  • DAVID BIGG (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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provides heating assistance to families for cost of residential heating (electric, oil, propane, firewood) and provides weekly food assistance via public pantry for those in need.

What it reported doing in 2022

Provided heating assistance to families for cost of residential heating (electric, oil, propane and firewood)

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 100
  • Sustainability: 74
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.4%; rating input score 71
  • Program expense ratio: 99.9%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 28.6%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 1.22; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: -3.3% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: 20.7% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 15.9% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 71.4% of revenue deployed · 99.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $80K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2020 to 2022
  • 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.

  • High — Growth: Program expense growth scored 0/100.