Smile Inc

Nonprofit profile at a glance

EIN
812582639
IRS 990 coverage
2023–2023
Forms available
Form 990 2023, Form 990-EZ 2021
Location
Milwaukee, WI, USA
Phone
4142319996
Rating
31
Verdict
REVIEW
Rating confidence
Moderate
Sector
Rehabilitation Services for Offenders

Official website

Reported finances

Revenue
$329,122
Expenses
$319,829
Assets
$39,666
Liabilities
$27,594

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

Leadership & pay

6 people listed

Executive titles in this filing

  • ANNETTE VEASEY (CEO)
  • MYRON DUCKWORTH (Vice President)
  • MARGARET DUCKWORTH (President)

Highest reported compensation

  • ANNETTE VEASEY (CEO): $67,525 total reported compensation
  • MYRON DUCKWORTH (Vice President): $31,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

S.M.I.L.E. (Services to Maintain Independence and Life Efficacy) INC. is a holistic, nonprofit, organization whose mission is to provide re-entry services to justice involved individuals in the BIPOC underserved communities to help lower recidivism rates with a focus on providing whole health services to promote self-efficacy to overcome adversity and live a better quality of life.

What it reported doing in 2023

Mission/Program Service Accomplishments SMILE Inc, dedicated to empowering underprivileged youth in Milwaukee, achieved significant milestones in its mission fulfillment: Educational Empowerment: Provided tutoring, scholarships, and workshops, fostering academic excellence and opportunities for at-risk youth. Mentorship Programs: Established mentorship initiatives, pairing youth with supportive community mentors, fostering personal growth and leadership skills. Community Engagement: Organized volunteer projects, cultural events, and recreational activities to promote social cohesion and inclusion among diverse youth. Impact Measurement: Implemented rigorous evaluation measures to assess program effectiveness and ensure accountability. SMILE Inc remains committed to enriching the lives of underprivileged youth through education, mentorship, and community engagement.

Operating model

Revenue model
Donor-supported. 100% 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

REVIEW - The filed numbers largely add up and revenue has grown recently. 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: 0
  • Transparency & Controls: 90
  • Accountability: 0
  • Sustainability: 27
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 0 of 8 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.8%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 0.12; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.7; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 30.8%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 39.1% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 50% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 0 of 6 board members independent · 0 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $68K · 6 people listed
  • Consistency: 12 of 13 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 7 of 7 not reported.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Moderate — Sustainability: Operating margin scored 48/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.