Special Persons Mailing Service Inc
Nonprofit profile at a glance
- EIN
- 541600097
- IRS 990 coverage
- 2012–2023
- Forms available
- Form 990 2023
- Location
- Virginia Beach, VA, USA
- Phone
- 7574646295
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Rehabilitative Medical Services
Reported finances
- Revenue
- $70,113
- Expenses
- $80,227
- Assets
- $289,132
- Liabilities
- $17,998
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- FLOY ROY (PRESIDENT)
Highest reported compensation
- KRISTEN HART (SEC): $5,769 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We provide jobs for mentally handicapped adults. Our mission is to help them develop motor skills, improve socialization skills and bolster self confidence.
What it reported doing in 2023
Our services include printing, preparing and posting of bulk mail. We provided jobs for 25 mentally handicapped adults. We operated for 200 days, providing opportunites for mentally handicapped individuals to learn skills and have social interaction in a structured environment that is condusive to learning. The demand for our work severly fell off because of covid-19, causing many of our regular clients to cease or drastically limit their operations. Even with less restrictive covid-19 protocols this year, we have found that our customer base continues to suffer from the downturn in their businesses, resulting in less need for our services. Lack of human interaction is especially difficult and dangerous for our participants, so we try to provide as much socialization and intellectual stimulation as possible. Because the service we provide to our participants is so vital to their mental and physical wellness, we chose to diminish almost all of our reserves to keep our participants working. We are confident that, as businesses recover from the covid-19 downturn, the demand for our services will increase so we can continue to provide much needed confidence boosting skill training to our handicapped adult participants.
Operating model
- Revenue model
- Earned-program. 100% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 38
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92%; rating input score 92
- 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; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -14.4%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 3.6; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 7.2%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: -11.2% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: -11.6% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: -5.2% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 92% of spending went to programs
- Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $74K in reported program spending
- Leadership: top reported pay $6K · 3 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2012 to 2023
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Officer compensation ratio scored 18/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.