Smyles

Nonprofit profile at a glance

EIN
262255960
IRS 990-EZ coverage
2013–2016
Forms available
Form 990-EZ 2016
Location
Bloomfield Hills, MI, USA
Phone
2484704648
Rating
35
Verdict
REVIEW
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$8
Expenses
$776
Assets
$57,123
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • VIRGINIA BECKLEY (PRESIDENT)
  • TOM MACLEAN (VICE-PRESIDENT)

People named in this filing

  • KATHLEEN MCINERNEY (TRUSTEE)
  • MARK LACOMBE (TREASURER)
  • JOHN P EVERLY (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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Smyles was established on april 3, 2008 in honor and memory of myles beckley, who died suddenly on janury 5, 2008. The mission of smyles is to continue myles' legacy of enriching the lives of others, especially the children of st. Regis and the surrounding communities, by paying the tuition for selected students who best exemplify myles' spirit and display financial need, providing all students of st. Regis school with an annual fun day to celebrate the life and by sponsoring the occasional ice cream truck visit for students participating in football for the st. Regis team. Smyles will promote the education of children in the community and other activities that enrich the lives and the academic, spiritual, and athletic development of students at st. Regis.

What it reported doing in 2016

Tuition scholarships for selected students who best exemplify myles' spirit and display financial need at st. Regis school

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - 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: 0
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: -9,600%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 73.61; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -62.2% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -105.4% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -9.8% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2013 to 2016
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.