Philadelphia Safety Net

Nonprofit profile at a glance

EIN
450579664
IRS 990-EZ coverage
2012–2012
Forms available
Form 990 2011, Form 990-EZ 2012
Location
Philadelphia, PA, USA
Phone
2155547355
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Safety Education

Reported finances

Revenue
$110,651
Expenses
$119,580
Assets
$933

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

3 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Hand-gun safety prevention and awareness

What it reported doing in 2012

Philadelphia safety net provided hand-gun safety educational information to urban communities and reduced the number of potentially dangerous guns -- through city-wide gun turn-ins. In addition, offering redeemable vouchers for groceries in exchange for those guns turned-in, philadelphia safety net also provided over $100,000 worth of food to citizens, many of these citizens struggling economically, during this global economic recession. Goods/groceries for gun program, during 2009, 1,788 guns were collected (the goal for 1,000 guns was exceeded). Over 2,000 people attended the "goods for guns" events and, in total, over $100,000 worth of food was purchased by philadelphians through "gift cards" given in exchange for hundreds of guns. Gun safety tips and education (advertisments through the media). Philadelphia safety net paid for "safety promotion ads" providing statistical data regarding homicide rates and names of organizations that help with anger management and ex-offenders job skill opportunities. Over 250,000 people heard the advertisements on the radio station from 2008 to 2009. Philadelphia safety net also established working relationships with the philadelphia police department, members of philadelphia city council, and dozens of community organizations across philadelphia.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.

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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 82
  • Sustainability: 9
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.5%; rating input score 93

Transparency & Controls

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

Sustainability

  • Operating margin: -8.1%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -72.4% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -136% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $111K in reported program spending
  • Leadership: top reported pay $29K · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Money network: 1 filed money-flow record
  • 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: Operating margin scored 17/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.