Reel Men Special Forces Fishing Team Inc

Nonprofit profile at a glance

EIN
300766139
IRS 990-EZ coverage
2014–2014
Forms available
Form 990-EZ 2014
Location
Fayetteville, NC, USA
Phone
9103910683
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fishing, Hunting

Official website

Reported finances

Revenue
$6,900
Expenses
$7,985
Assets
$3,279
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Mark McCowan (President)
  • David Robison (Vice-President)

People named in this filing

  • Mark McCowan (President)
  • David Robison (Vice-President)
  • Jim Sheehan (Secretary)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Reel Men Special Forces Fishing Team utilizes fishing as an instrument in actively supporting organizations involved with Veterans, wounded Veterans, and Survivors of Veteran Programs. This organization provides a platform for Veterans and Survivors of Veterans to fish at different levels and events throughout the year.

What it reported doing in 2014

Reel Men Special Forces Team provides countless hours assisting active duty Soldiers, Veterans and families at the John E. Pechman Fishing Education Center. Throughout the year, various members of the team provide fishing assistance to military families every second Wednesday of the months March through November at PEchman's fishing ponds. Members also provided free fishing seminars to the public once a quarter which allows the members to reach out to the youth of military members.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 52% for direct work, and 48% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 34
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.7%; rating input score 92
  • Program expense ratio: 79.2%; rating input score 79

Transparency & Controls

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

Sustainability

  • Operating margin: -15.7%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.41; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 91.7% of revenue deployed · 79.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $6K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • 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.

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 — Sustainability: Operating margin scored 23/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.