Shield Inc

Nonprofit profile at a glance

EIN
621669293
IRS 990 coverage
2014–2021
Forms available
Form 990 2021
Location
Memphis, TN, USA
Phone
9014549755
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services N.E.C.

Official website

Reported finances

Revenue
$339,933
Expenses
$386,103
Assets
$577,775
Liabilities
$456,271

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • VALERIE BOBO (EXECUTIVE DIRECTOR)

Highest reported compensation

  • VALERIE BOBO (EXECUTIVE DIRECTOR): $52,800 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Building stable lives for persons with emotional and physical challenges in the Mississippi delta

What it reported doing in 2021

Provide permanent housing for chronically homeless, mentally ill, and dual diagnosed individuals and veterans. We also provide outreach to homeless individuals on the street and case management for homeless individuals in our permanent housing program. There are units set aside for the very low income individuals and families with/or without disabilities. All individuals are linked to community resources such as mental health service, counseling, substance abuse treatment and mainstream resources such as food stamps, ssi, social security, tenncare, employment, utility assistance, and many more. Since year 2000, shield, inc. Has served over 10,000 men, women and children.

Operating model

Revenue model
Grant-funded. 77% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 96% 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. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 94
  • Accountability: 84
  • Sustainability: 25
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.9%; rating input score 98
  • Program expense ratio: 86.2%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -13.6%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 1.5; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.79; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 13.7%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 2.7% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -9.5% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 97.9% of revenue deployed · 86.2% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $333K in reported program spending
  • Leadership: top reported pay $53K · 8 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2014 to 2021
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.