Salt Lake Honorary Colonels Inc
Nonprofit profile at a glance
- EIN
- 942894840
- IRS 990-EZ coverage
- 2010–2016
- Forms available
- Form 990-EZ 2016, Form 990-N 2015
- Location
- Midvale, UT, USA
- Phone
- 8014864833
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Law Enforcement
Reported finances
- Revenue
- $180,358
- Expenses
- $207,156
- Assets
- $127,536
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- MICHAEL DRURY (PRESIDENT)
People named in this filing
- MICHAEL DRURY (PRESIDENT)
- JOEL FRANCE (VICE PRESIDE)
- NICK SINGLETON (TREASURER)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
1. To provide assistance and aid to law enforcement members and their families.
What it reported doing in 2016
Support for law inforcement officers.
Operating model
- Revenue model
- Membership-supported. 66% of the money available for current operations came from membership dues.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% 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 assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.6%; rating input score 73
- Program expense ratio: 63.2%; rating input score 63
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -14.9%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0.62; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 27.7% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 34.3% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: -1.4% per year; rating input score 0; 29th percentile among comparable filings
Details
- Where the money goes: 72.6% of revenue deployed · 63.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $131K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2010 to 2016
- 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 9/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.