Srs Raise the Roof Foundation Inc
Nonprofit profile at a glance
- EIN
- 461004477
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Mckinney, TX, USA
- Phone
- 4694242232
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $4,360,770
- Expenses
- $3,533,070
- Assets
- $17,176,762
- Liabilities
- $1,124,775
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- DAN TINKER (PRESIDENT &)
Highest reported compensation
- MIKELL BOLLINGER (EXECUTIVE DI): $90,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission and purpose of the corporation is to operate exclusively for charitable, educational and scientific purposes within the meaning of section 501(c)(3) of the internal revenue code 1986, as amended (the "irc), and the Texas tax code section 11.18, and also to perpetuate the abouve purposes in the event of dissolution by distributing any and all assets to an eligible organization or eligible organizations. The specific purposes of the corporation are the enhancment of the communities in which srs distribution inc operates, through the organized solicitation and collection for distributions through gifts and grants to, and agreements with, eligible organizations that provide direct human, health, and welfare services. For purposes of the section 1.6 "eligible organization- or "eligible organizations" shall refer to an organization or organizations exempt from federal income taxation as an organization described in section 501(c)(3) of the irc, or as a corporation contributions t
What it reported doing in 2024
The mission and purpose of the corporation is to operate exclusively for charitable, educational and scientific purposes within the meaning of section 501(c)(3) of the internal revenue code 1986, as amended (the "irc), and the Texas tax code section 11.18, and also to perpetuate the abouve purposes in the event of dissolution by distributing any and all assets to an eligible organization or eligible organizations. The specific purposes of the corporation are the enhancment of the communities in which srs distribution inc operates, through the organized solicitation and collection for distributions through gifts and grants to, and agreements with, eligible organizations that provide direct human, health, and welfare services. For purposes of the section 1.6 "eligible organization- or "eligible organizations" shall refer to an organization or organizations exempt from federal income taxation as an organization described in section 501(c)(3) of the irc, or as a corporation contributions to which are deductible under section 170(a)(1) of the irc by virtue of being charitable contributions as defined in section 170(c)(2) of the irc.
Operating model
- Revenue model
- Earned-program. 62% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 68% of its reported program spending out as grants.
The verdict
STRONG - 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.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 93
- Accountability: 63
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.7%; rating input score 82
- Program expense ratio: 99.4%; rating input score 99
- 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: 99.6%; rating input score 100; 39th percentile among comparable filings
- 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: 19%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 4.86; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 2.5%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: 18.6% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 17.6% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 31.1% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 81.7% of revenue deployed · 99.4% of spending went to programs
- Governance: 9 of 9 board members independent · 1 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $3.5M in reported program spending
- Leadership: top reported pay $90K · 9 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 3 filed schedules · includes grants
- Filing history: 10 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 43 filed money-flow records
- 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: 6 of 7 not reported.