People's Trust Foundation
Nonprofit profile at a glance
- EIN
- 208185480
- IRS 990-EZ coverage
- 2013–2022
- Forms available
- Form 990-EZ 2022
- Location
- Houston, TX, USA
- Phone
- 7136768968
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $26,301
- Expenses
- $16,200
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- SHELLY CHINNERY (EXECUTIVE DIRECTOR)
- DAVID BLEAZARD (FOUNDATION PRESIDENT)
People named in this filing
- SHELLY CHINNERY (EXECUTIVE DIRECTOR)
- PATRICK FLYNN (FOUNDATION CHAIR)
- LATISHA MARSHALL (SECRETARY/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
The organization's primary exempt purpose is to advance financial literacy and economic independence among houstonians through financial education.
What it reported doing in 2022
Awarding of post-secondary school scholarships in accordance with established scholarship guidelines.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 100
- Sustainability: 48
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.6%; rating input score 62
- Program expense ratio: 100%; 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: 38.4%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: -9.3% per year; rating input score 0; 31st percentile among comparable filings
- Revenue growth: -0.7% per year; rating input score 0; 53rd percentile among comparable filings
- Asset growth: -2.3% per year; rating input score 0; 31st percentile among comparable filings
Details
- Where the money goes: 61.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $16K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 10 filing years from 2013 to 2022
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.