Rock Springs Renewal Fund Inc
Nonprofit profile at a glance
- EIN
- 205196877
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2011, Form 990-EZ 2024
- Location
- Rock Springs, WY, USA
- Phone
- 3073521434
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Environmental Beautification and Aesthetics
Reported finances
- Revenue
- $155,912
- Expenses
- $167,920
- Assets
- $48,039
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- CHAD BANKS (EXECUTIVE DIRECTOR)
People named in this filing
- CHAD BANKS (EXECUTIVE DIRECTOR)
- MARIA MORTENSEN (CHAIR PERSON)
- SUE LOZIER (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide funding for the rock springs urban renewal agency this agency is a component of the city of rock springs, Wyoming.
What it reported doing in 2024
To provide funding for the rock springs urban renewal agency
Operating model
- Revenue model
- Earned-program. 65% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.
The verdict
STRONG - 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: 100
- Transparency & Controls: 82
- Sustainability: 23
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -7.7%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 14.3% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: -11.9% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $168K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2012 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.
- High — Sustainability: Operating margin scored 18/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.