Southern Pressure Treaters Assoc
Nonprofit profile at a glance
- EIN
- 720549661
- IRS 990 coverage
- 2011–2014
- Forms available
- Form 990 2014
- Location
- Starkville, MS, USA
- Phone
- 6014051116
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $431,072
- Expenses
- $333,094
- Assets
- $186,974
- Liabilities
- $1,807
Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CARLTON PENNY (PRESIDENT)
Highest reported compensation
- KEVIN RAGON (EXECUTIVE DI): $80,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To identify and manage regulatory issues, legislative issues, market conditions and promotional campaigns on a national and state level that affect or are related to industrial wood products preserved with american wood protection association approved industrial wood preservatives.
Operating model
- Revenue model
- Earned-program. 89% of the money available for current operations came from fees and other program revenue.
- 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 most voting board members are independent. 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: 36
- Transparency & Controls: 90
- Accountability: 63
- Sustainability: 56
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 36.6%; rating input score 37
- Program expense ratio: 47.3%; rating input score 47
- 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 22.7%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 0.56; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 24%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3.6% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 41.8% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 36.6% of revenue deployed · 47.3% of spending went to programs
- Governance: 6 of 6 board members independent · 1 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $158K in reported program spending
- Leadership: top reported pay $80K · 5 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2011 to 2014
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
- Moderate — Financial Efficiency: Program expense ratio scored 47/100.
- High — Accountability: Governance controls: 6 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Sustainability: Officer compensation ratio scored 16/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.