Precious Hearts Sisterhood Inc

Nonprofit profile at a glance

EIN
812391633
IRS 990 coverage
2021–2023
Forms available
Form 990 2023, Form 990-N 2020
Location
Brooklyn, NY, USA
Phone
9174459743
Rating
71
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Human Service Organizations

Reported finances

Revenue
$518,825
Expenses
$360,905
Assets
$16,845
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Earl Jones (President)

People named in this filing

  • Jhihad Griggs (Secreatary)
  • Reather Harris (Treasurer)
  • Earl Jones (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Precious Hearts Sisterhood, mission is to empower individuals through education and compassionate care. Originally focused on conducting educational programs for young women, we strive to teach essential job and life skills that enable them to achieve a higher quality of life. Recognizing the broader need for support, we have expanded program to include initiative to adults with mental and physical disabilities the assistance and education necessary to enhance their quality of life. Our commitment is to foster a supportive and inclusive environment where all individuals can thrive and reach their full potential.

What it reported doing in 2023

Expanded services for Adult daycare to multiple centers where adults with disabilities both mentally and physically can receive assistance and education

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 70
  • Accountability: 76
  • Sustainability: 62
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.1%; rating input score 67
  • Program expense ratio: 96.5%; rating input score 97
  • Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 70%; rating input score 70; 0th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • 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: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 30.4%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 92; 92nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 41.1% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 21.2% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: -45.9% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 67.1% of revenue deployed · 96.5% of spending went to programs
  • Governance: 3 of 3 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $360K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 17 of 20 current checks pass · 3 findings to review
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2021 to 2023
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 1/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX AllOtherExpenses column sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.