Passport Inc

Nonprofit profile at a glance

EIN
611267261
IRS 990 coverage
2009–2023
Forms available
Form 990 2023
Location
Birmingham, AL, USA
Phone
8007690210
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development – Religious Leadership
Affiliation
Christianity

Official website

Reported finances

Revenue
$2,766,037
Expenses
$2,707,798
Assets
$2,230,617
Liabilities
$783,173

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

Leadership & pay

12 people listed

Executive titles in this filing

  • COLLEEN BURROUGHS (EXECUTIVE VICE-PRESIDENT)
  • DAVID BURROUGHS (PRESIDENT)
  • CAROLYN ANDERSON (2ND VICE PRESIDENT)
  • CHARLES EVANS (3RD VICE PRESIDENT & RECOR)

Highest reported compensation

  • COLLEEN BURROUGHS (EXECUTIVE VICE-PRESIDENT): $137,968 total reported compensation
  • DAVID BURROUGHS (PRESIDENT): $117,587 total reported compensation

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

Overview

Mission

With christ as our foundation, passport empowers students to encounter christ, embrace community, and extend grace to the world. We accomplish this mission through student mission camps, and providing resources for local church ministry.

What it reported doing in 2023

Youth camp: our youth camp programs take teenagers out of their comfort zone and provide them with daily opportunities for authentic christian service to others, partnering with local service agencies around our host campuses. We model service as a normal part of a christian's life, fostering the idea that as they become adults, they can continue volunteer service to their church and their community as part of their lifestyle.

Operating model

Revenue model
Earned-program. 65% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 94% 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. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 71
  • Accountability: 74
  • Sustainability: 36
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.8%; rating input score 84
  • Program expense ratio: 84.8%; rating input score 85
  • Fundraising efficiency: $18.76 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 83.3%; rating input score 83; 1st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 47%; rating input score 47; 15th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 83.3%; rating input score 83; 16th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.1%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.82; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.35; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 9.4%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: -1.9% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 4.2% per year; rating input score 100; 31st percentile among comparable filings

Details

  • Where the money goes: 83.8% of revenue deployed · 84.8% of spending went to programs
  • Governance: 10 of 12 board members independent · 5 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $2.3M in reported program spending
  • Leadership: top reported pay $138K · 12 people listed
  • Consistency: 32 of 34 current checks pass · 2 findings to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 15 filing years from 2009 to 2023
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Transparency & Controls: Grant itemization coverage scored 47/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Foreign grants require schedule f did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.