Sims Strong Foundation
Nonprofit profile at a glance
- EIN
- 873903867
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Liberty Hill, TX, USA
- Phone
- 5128439082
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $106,777
- Expenses
- $108,118
- Assets
- $11,025
- 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
- KIM DANIELS (PRESIDENT)
- TRACY HAMILTON (VICE PRESIDENT)
People named in this filing
- CHRISTI FLETCHER (REPORTER)
- KIM DANIELS (PRESIDENT)
- TRACY HAMILTON (VICE PRESIDENT)
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
The purpose of the sims strong association is to receive and maintain funds of real or personal property subject to the restrictions and limitations hereafter described. To use and apply in whole or part the income from the principal exclusively for charitable purposes. This includes making distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code and its regulations. Specifically, the association will support many causes, from providing financial aid to those in need to supporting and spreading awareness throughout the community. All disbursements shall be at the discretion of the funds disbursement committee, with each benefit and disbursement the sims strong association will hold out funds to recoup the amounts that the organization spent on the benefit and will hold out up to 15% for the following year operation.
What it reported doing in 2024
Raise funds and distribute to recipients
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 61% of its reported program spending out as grants.
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: 100
- Transparency & Controls: 100
- Sustainability: 34
- Growth: 80
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; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -1.3%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 77.3% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 3.8% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: -3.3% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $108K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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 — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- High — Growth: Asset growth scored 0/100.