Pocket Full O Posey Foundation Inc

Nonprofit profile at a glance

EIN
465602726
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2023
Location
Cincinnati, OH, USA
Phone
8324598806
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Nutrition

Official website

Reported finances

Revenue
$107,245
Expenses
$102,111
Assets
$36,663
Liabilities
$41,229

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

Leadership & pay

7 people listed

Executive titles in this filing

  • DEVIER POSEY (PRESIDENT)

People named in this filing

  • JAMIE CISCO (BOARD MEMBER)
  • ASHLEY MEUSER (BOARD MEMBER)
  • DEVIER POSEY (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Our mission is to utilize athletics and business to provide nutrition education, general education, food modeling, and physical fitness opportunities for at youth, their families, and communities, which in turn creates lifelong educational, nutritional, and fitness habits.

What it reported doing in 2024

Our mission is to utilize athletics and business to provide nutrition education, general education, food modeling, and physical fitness opportunities for our youth, their families, and communities, which in turn creates lifelong educational, nutritional, and fitness habits. In 2024 we did this through the following programs: - virtual mentoring programs - police and youth health relationship programs - building a success life speeches 2020 pocket full of poseys partnered with help-sji to address the need for intentional programming in support of the nfl foundation's social justice grant matching program and the nfl inspire change initiative. Help-sji promotes social justice through education, economic advancement, and police & community relations by building collaborative partnerships to enhance social connectivity and increase college and career preparation for youth and young adults. - buckeye friendship fund o pocket full of poseys foundation provided financial support, school supplies, and laptops/tablets for families and students in need. O pocket full of poseys foundation provided food, career services, and financial support for families in need. - youth sports program concessions support - gave cash donations to support local youth track & field (Ohio heat), football (hilltop hawks) with concessions and sponsorships needs. - youth sports teams sponsorship - pfpop donated funds for operating cost for local Ohio youth programs, the braxton miller foundation, Ohio heat, hilltop hawks, etc.

Operating model

Revenue model
Other-operating. 84% of the money available for current operations came from other operating revenue.
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: 38
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 41.6%; rating input score 42
  • Program expense ratio: 43.7%; rating input score 44
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 4.8%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.36; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 1.12; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 7.7% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 23.6% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 41.6% of revenue deployed · 43.7% of spending went to programs
  • Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $45K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 44/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.