Sheep Not Goats Inc
Nonprofit profile at a glance
- EIN
- 461823147
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2013
- Location
- Saint Augustine, FL, USA
- Phone
- 9043926524
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $88,759
- Expenses
- $165,787
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Steven M Jacoby (Executive Director and Board Member)
- Sandra Jacoby (Executive Director and Board Member)
People named in this filing
- Steven M Jacoby (Executive Director and Board Member)
- Sandra Jacoby (Executive Director and Board Member)
- Jonathan Norton (Board Member)
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
Sheep Not Goats worked in Nicaragua to help the poor there, primarily by providing the opportunity to work either on our farm there or knitting baby blankets that we have trained a small group of women to knit. We also engaged in benevolent activities such as helping people with food support, feeding seniors in the community, and helping with urgent medical needs. In finalizing our cessation of operations, it was determined in conjunction with our board to invest in ways that our then-current workers could continue without us through their own enterprises, including but not limited to transfer of the farm property to existing workers as a form of cooperative arrangement, all done legally via our attorney in Nicaragua.
What it reported doing in 2024
Donated a small piece of land at the front of the farm to two of the workers and built a small open-air eating establishment that they could operate to support their families. One of the workers proved to be untrustworthy and was later bought out for an additional $7500. We built the facility and all appliances and other items for creating of a restaurant.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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: 89
- Transparency & Controls: 100
- Sustainability: 11
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 69.8%; rating input score 70
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: -86.8%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 32.5% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: -42.4% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 69.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $116K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2021 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 9/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.