Smith & Wesson Collectors Assoc

Nonprofit profile at a glance

EIN
431388239
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Brooksville, FL, USA
Phone
3522386226
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$162,846
Expenses
$109,629
Assets
$351,721
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • JOHN C WITTY JR (PRESIDENT)
  • CHARLES P FLICK (PAST PRESIDENT)
  • MICHAEL HELMS (VICE PRESIDENT)
  • SHERYL K CHEELY (PAST PRESIDENT)

People named in this filing

  • WILLIAM R CROSS (CHAIRMAN)
  • JOHN C WITTY JR (PRESIDENT)
  • CHARLES P FLICK (PAST 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

Org for s&w collectors & historians

What it reported doing in 2024

Publication and circulation of printed educational materials and creation and preservation of computerized and other historical records and reference materials for all members.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.6%; rating input score 44
  • Program expense ratio: 64.8%; rating input score 65

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 32.7%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 3.21; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 10.9%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: -2.5% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: 0% per year; rating input score 100; 21st percentile among comparable filings
  • Asset growth: 1.4% per year; rating input score 100; 32nd percentile among comparable filings

Details

  • Where the money goes: 43.6% of revenue deployed · 64.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $71K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • 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 44/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.