Red Knot Development

Nonprofit profile at a glance

EIN
863170775
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Dothan, AL, USA
Phone
3347018758
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
International Development

Reported finances

Revenue
$144,184
Expenses
$80,444
Assets
$215,074
Liabilities
$35,950

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

Leadership & pay

5 people listed

Executive titles in this filing

  • JAMES B HARRISON (PRESIDENT)

People named in this filing

  • JAMES B HARRISON (PRESIDENT)
  • JASON MILLER (BOARD MEMBER)
  • CARSON MCNEAL (BOARD MEMBER)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Red knot development accomplishes good in tanzania through education-based initiatives in the areas of agriculture, livelihoods, and sport.

What it reported doing in 2024

Healthy people living in healthy communities.

Operating model

Revenue model
Donor-supported. 92% 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

STRONG - 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 liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 100
  • Sustainability: 78
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.3%; rating input score 53
  • Program expense ratio: 95.5%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 44.2%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 2.67; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 72.8% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 71.7% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 60.3% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 53.3% of revenue deployed · 95.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $77K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • 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 53/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.