Rope for the Kids
Nonprofit profile at a glance
- EIN
- 472968675
- IRS 990-EZ coverage
- 2019–2022
- Forms available
- Form 990-EZ 2022
- Location
- Palacios, TX, USA
- Phone
- 3619351672
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development - Agricultural
Reported finances
- Revenue
- $4,268
- Expenses
- $2,903
- Assets
- $4,737
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- KATHY CORNETT (PRESIDENT)
People named in this filing
- KATHY CORNETT (PRESIDENT)
- SHANA CORNETT (TREASURER)
- CHAD SCHNEIDER (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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide scholarships to students interested in a western culture future & agriculture. Thanksgiving baskets delivered to kinship care families in nine counties. Feeding & christmas gifts to families of children related to them because they are removed from their homes. Also will cover fees for background checks so that children can be placed with family members.
What it reported doing in 2022
Annual rope for the kids benefit team roping
Operating model
- Revenue model
- Donor-supported. 80% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 70
- Growth: 60
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; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 32%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 1.63; 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: -10.8% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $5K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2019 to 2022
- 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.