Roger Jennings Davis Memorial Fund

Nonprofit profile at a glance

EIN
264200019
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2019, Form 990-EZ 2024, Form 990-N 2018
Location
Nashville, TN, USA
Phone
6158326344
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$22,000
Expenses
$37,298
Assets
$5,003
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • RUSSELL PATRICK DAVIS (PRESIDENT)
  • ERIC ARNOLD (VICE PRESIDENT)

People named in this filing

  • RUSSELL PATRICK DAVIS (PRESIDENT)
  • KRIS WIATR (SECRETARY)
  • ERIC ARNOLD (VICE PRESIDENT)

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 support local charities that provide aid to those affected by natural disasters, as well as local charities that provide music programs for children.

What it reported doing in 2024

The founder of the fund - patrick davis - uses his songwriter events to raise money for local charities in the event areas that help others. Specifically, the fund grants money to charities that aid in natural disasters such as forest fires, floods, hurricanes, etc, as well as charities that provide music programs for children. All grants are given to charities at the local level in the same or neighboring cities as the songwriting events.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 94% of its reported program spending out as 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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 23
  • Growth: 0

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: Yes; rating input score 100

Sustainability

  • Operating margin: -69.5%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -51.3% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -55.1% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -60.6% per year; rating input score 0; 3rd 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 · $37K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.