Society of St Vincent De Paul Georgia Inc

Nonprofit profile at a glance

EIN
580967972
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Atlanta, GA, USA
Phone
6788926160
Rating
87
Verdict
STRONG
Rating confidence
Standard
Sector
Human Service Organizations
Affiliation
Christianity

Official website

Reported finances

Revenue
$38,914,133
Expenses
$36,822,263
Assets
$12,123,829
Liabilities
$3,074,980

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

Leadership & pay

26 people listed

Executive titles in this filing

  • LOUISE SCOTT (VICE PRESIDENT)
  • TOM DAILEY (2ND VICE PRESIDENT)
  • MICHAEL MIES (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MICHAEL MIES (EXECUTIVE DIRECTOR): $235,478 total reported compensation
  • BEATRICE Y PERDUE (SENIOR DIRECTOR OF PHILANTHROPY): $180,176 total reported compensation
  • SAMANTHA C RICKS (DIRECTOR OF PHARMACY & HEALTH INITIATIVES): $164,408 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A network of friends, inspired by gospel values, growing in holiness and building a more just world through personal relationships with and service to people in need. The mission statement is clear: vincentian ministry is a means for acquiring holiness.

What it reported doing in 2024

Nonmonetary assistance: food pantries: svdp operates 40 food pantries throughout Georgia- svdp provided 3,368,645 pounds of food to our Georgia neighbors in need at a monetary value of $6.9m. Some pantries are operated like a grocery store that gives the neighbors food choices at no cost. In addition, svdp Georgia recovered 1.3m pounds of food from local grocery stores and other organizations that would have possibly been thrown out. Svdp Georgia also operates 9 thrift stores in Georgia, which offer clothing vouchers to our neighbors in need. In addition, the proceeds are distributed to churches throughout Georgia that use the funds to help neighbors in need. These proceeds last year went to rent, food, utilities and other forms of financial support for our neighbors in need.

Operating model

Revenue model
Donor-supported. 80% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 83
  • Accountability: 100
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.4%; rating input score 89
  • Program expense ratio: 94.4%; rating input score 94
  • Fundraising efficiency: $34.77 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.4%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.33; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 3%; rating input score 68; 68th percentile among comparable filings

Growth

  • Program expense growth: 10.4% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 8.9% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 12.2% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 89.4% of revenue deployed · 94.4% of spending went to programs
  • Governance: 19 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $34.7M in reported program spending
  • Leadership: top reported pay $235K · 26 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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 — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.