Nelson Resource Center

Nonprofit profile at a glance

EIN
813311308
IRS 990-EZ coverage
2017–2020
Forms available
Form 990-EZ 2020, Form 990-N 2020
Location
Ripley, TN, USA
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$27,270
Expenses
$28,003
Assets
$107

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Johnny Neson (Executive Director)

People named in this filing

  • Johnny Neson (Executive Director)
  • Alicia Garrison (Program Director)
  • Aleigha Buck (Administrative Coordinator)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Nelson Resource Center is a local community and educational outreach foundation working to serve the growing needs of the Lauderdale County community. Our mission is to help strengthen the community by supporting events that bring families & the community together and to develop programs that help to improve literacy education and career training. We currently offer several literacy programs: 1 Youth Leadership Camp AfterSchool Program 2 Summer Enrichment Program Summer Camp 3 Our Family Reads Family Literacy & 4 Adult Career Readiness Program.

What it reported doing in 2020

Career Readiness Training Program The Career Readiness Training Program helps adult learners improve literacy skills obtain the knowledge and skills necessary for employment and self sufficiency and prepare adults for a smooth transition to postsecondary education and careers. Participants will work to complete modules assimilations and short coherent writing pieces until they become proficient in each area

Operating model

Revenue model
Donor-supported. 93% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.1%; rating input score 87
  • Program expense ratio: 84.8%; rating input score 85

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: -2.7%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 4; 4th 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: 0.4% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: -3.4% per year; rating input score 0; 53rd percentile among comparable filings
  • Asset growth: -69.9% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 87.1% of revenue deployed · 84.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $24K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2017 to 2020
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 4/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.