Skills and Opportunities for Agricultural Readiness Aka Soar1

Nonprofit profile at a glance

EIN
821228118
IRS 990-EZ coverage
2023–2023
Forms available
Form 990-EZ 2023, Form 990-N 2022
Location
Clarksdale, MS, USA
Phone
9802630229
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Agricultural Programs

Reported finances

Revenue
$100,000
Expenses
$100,000
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Treena Shanks (President)
  • Charles Houston (Vice-President)
  • Treena Shanks (Executive Director)

People named in this filing

  • Treena Shanks (President)
  • Charles Houston (Vice-President)
  • Gloria Leasy (Secretary)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide outreach education and technical assistance to 30 to 40 underserved women landowners in Mississippi equipping them to grow specialty crops to help reduce the growing health disparities in food deserts using USDA programs and services For 8 years Mississippi has been the hungriest state with the highest rates of food insecurity due to high poverty and food deserts ranking it #2 as the least healthy state Fifteen workshops were conducted addressing the specific needs of the farmers including barriers they face during participation in the programs providing them with best practices for optimal outcomes The objectives are designed to help farmers identify their niche and improve upon their skills while establishing sustainable businesses Also they are encouraged to form alliances with other farmers and organizations to reduce food insecurity

What it reported doing in 2023

Since the educational resources and technical assistance have been provided they are growing their niche crops building skills with goal-setting creating farm plans record-keeping a growing clientele and building sustainable businesses while improving the quality of life in these local communities Increased the number of women producers growing specialty crops and women-owned produce businesses provided marketing outlets for women farmers to sell their products including a farm-to-consumer produce delivery system to reduce greenhouse emissions. Educated 30 to 40 women landowners with the intent to serve a growing number of beginner producers each year

Operating model

Revenue model
Donor-supported. 100% 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

SUPPORTED - 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: 38
  • Transparency & Controls: 100
  • Sustainability: 17
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 37.5%; rating input score 38
  • Program expense ratio: 37.5%; rating input score 38

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 0%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 50%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 37.5% of revenue deployed · 37.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $38K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 38/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.