Palacios Community Hub

Nonprofit profile at a glance

EIN
464903441
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-EZ 2022
Location
Palacios, TX, USA
Phone
3619729990
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$427,258
Expenses
$351,785
Assets
$117,561
Liabilities
$2,330

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

Leadership & pay

11 people listed

Executive titles in this filing

  • EMILY FAGAN-BAKER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • EMILY FAGAN-BAKER (EXECUTIVE DIRECTOR): $58,166 total reported compensation
  • ENELDA ROBINS (PARENTS AS TEACHERS EDUCATOR): $53,054 total reported compensation
  • ANH DAO NGUYEN (SUPERVISOR): $34,100 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Strengthening families through literacy and community services

What it reported doing in 2024

Sacks thrift avenue thrift store program: the palacios community hub operates sacks thrift avenue a community thrift store offering clothing household goods and other essential items at extremely low cost. The store also provides vouchers for individuals and families in need ensuring access to basic necessities regardless of financial ability. All proceeds from thrift store sales are reinvested directly into community assistance programs helping cover medication costs doctor visits emergency utility payments and other critical needs for local residents. The thrift store serves both as a resource for affordable goods and as a vital funding source for the hubs broader mission of supporting community wellbeing and stability.

Operating model

Revenue model
Donor-supported. 97% 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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 32
  • Transparency & Controls: 84
  • Accountability: 77
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 33%; rating input score 33
  • Program expense ratio: 40.1%; rating input score 40
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 9th percentile among comparable filings
  • Pay-setting controls: Limited
  • 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; 63rd percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 17.7%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 0.33; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 41.3%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 11% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 11.8% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 7.3% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 33% of revenue deployed · 40.1% of spending went to programs
  • Governance: 7 of 7 board members independent · 4 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $141K in reported program spending
  • Leadership: top reported pay $58K · 11 people listed
  • Consistency: 39 of 40 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 40/100.
  • Moderate — Accountability: Governance controls: 4 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.