Profits for Humanity Inc
Nonprofit profile at a glance
- EIN
- 271454920
- IRS 990-EZ coverage
- 2012–2016
- Forms available
- Form 990 2014, Form 990-EZ 2016, Form 990-N 2009
- Location
- Pell City, AL, USA
- Phone
- 4047860900
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Philanthropy, Charity, Voluntarism Promotion
Reported finances
- Revenue
- $173,806
- Expenses
- $167,477
- Assets
- $36,796
- Liabilities
- $4,534
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Erik Bjerke (President)
- Bill Walsh (Executive Director)
People named in this filing
- Erik Bjerke (President)
- Scott Garrett (Director)
- Bruce Neorohr (Director)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To reduce and minimize the barriers to giving, working with clients to initiate a giving plan, develop an effective resource allocation and manage and measure the details and outcomes of giving.
What it reported doing in 2016
Profits for Humanity continues to work with executives and their families, developing the concierge service for high impact in family's lives. Profits for Humanity is also developing technology to reach a broader portion of society in helping them with their generosityThese recipients range from various shelters for the homeless in Atlanta to churches in North Georgia and other causes around the country.Many local churches benefited directly from increased, systemic giving. Profits for Humanity is expanding its services in helping people develop Purpose in their lives and is expecting more than 100 people to be served over the next 12 months
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 98% 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
MIXED - The filed numbers largely add up and revenue has grown recently. 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: 21
- Transparency & Controls: 93
- Sustainability: 31
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.7%; rating input score 21
- Program expense ratio: 21.5%; rating input score 22
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 3.6%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 62.3%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: -9.3% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: 16.3% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 50.4% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 20.7% of revenue deployed · 21.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $36K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2012 to 2016
- 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.
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 — Financial Efficiency: Mission deployment rate scored 21/100.
- High — Financial Efficiency: Program expense ratio scored 22/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Sustainability: Officer compensation ratio scored 1/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.