Sandhills Cooperation Association

Nonprofit profile at a glance

EIN
810754596
IRS 990-EZ coverage
2022–2022
Forms available
Form 990 2021, Form 990-EZ 2022, Form 990-N 2019
Location
Troy, NC, USA
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Minority Rights

Reported finances

Revenue
$114,201
Expenses
$291,755
Assets
$35,988

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Sherri Allgood (Executive Director)

People named in this filing

  • Sherri Allgood (Executive Director)
  • Cindy Taylor (Community Project Manager)
  • Mary House (Administrative Assistant)

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

The primary exempt purpose of the Sandhills Cooperation Association is to promote social and economic self-sufficiency in marginalized communities. To achieve this the organization focuses on providing resources tools and inspiration to individuals who are interested in exploring cooperative models and creating sustainable lifestyles for themselves. We offer community conversations and financial education opportunities to help people develop the skills they need to gain economic independence and autonomy. We also work with organizations and businesses to create structural changes toward more sustainable enterprises. Our ultimate goal is to create thriving communities where people have the power to make a positive difference in their own lives as well as the lives of those around them.

What it reported doing in 2022

This program provides education to the public about the importance of getting vaccinated and how to access vaccines. We have conducted over 55 outreach events with more than 2,000 people attending. In addition we have partnered up with local organizations to provide resources such as distributing COVID-19 tests and transportation assistance for vaccine appointments for historically marginalized populations.

Operating model

Revenue model
Donor-supported. 97% 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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 34
  • Transparency & Controls: 74
  • Sustainability: 4
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.7%; rating input score 44
  • Program expense ratio: 17.1%; rating input score 17

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -155.5%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0.12; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 41.7%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -28.6% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -63.2% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 43.7% of revenue deployed · 17.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $50K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
  • High — Financial Efficiency: Program expense ratio scored 17/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.