Real School Work Inc

Nonprofit profile at a glance

EIN
463993178
IRS 990-EZ coverage
2013–2023
Forms available
Form 990-EZ 2023
Location
Panama City, FL, USA
Phone
8503195921
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$1,002
Expenses
$600
Assets
$899
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • JOE TOM KING (PRESIDENT)

People named in this filing

  • JOE TOM KING (PRESIDENT)
  • NOAH KING (SECRETARY)
  • TOM KING (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To assist bay county, Florida schools in building the community's pride in our local education system and to provide financial assistance to certain bay county schools.all funds raised by real school work, inc., will be for the sole purpose of supporting failing schools in the bay county, Florida area. Public schools who are failing in the grading system established by the department of education will be used to determine schools adpopted by the various programs offered by real school work.

What it reported doing in 2023

To create successful students and lower student stress coming from dysfunctional homes by providing additional technological support in the classroom for teaching academic skills as well as social skills.

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 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 a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 82
  • Sustainability: 72
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50%; rating input score 50
  • Program expense ratio: 83.3%; rating input score 83

Transparency & Controls

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

Sustainability

  • Operating margin: 40.1%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 1.5; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -28.2% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: -30.3% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 50% of revenue deployed · 83.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $500 in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2013 to 2023
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.