Stl250 Inc

Nonprofit profile at a glance

EIN
273870584
IRS 990 coverage
2013–2014
Forms available
Form 990 2014, Form 990-N 2012
Location
St Louis, MO, USA
Phone
3143996491
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Commemorative Events

Official website

Reported finances

Revenue
$873,896
Expenses
$868,909
Assets
$37,594
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

45 people listed

Executive titles in this filing

  • Erin Budde (Executive Director)

Highest reported compensation

  • Erin Budde (Executive Director): $28,955 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See Schedule O

What it reported doing in 2014

2014 was filled with hundreds of stl250 events that took place across the 15 Metro St. Louis counties. Thousands of St. Louis area residents participated in events ranging from "grass roots to grand scale". All year long the stl250 website calendared events from local neighborhood parties to fundraisers to volunteering opportunities to arts and education events, and also included professionally produced events across all categories of activities including more than 500 events from 200+ organizers. stl250 Signature Events featured the February Birthday Weekend that included "The Biggest Birthday Bash" that entertained hundreds at the Missouri History Museum, the "Burnin' Love" kickoff party on Art Hill attended by thousands, the Reenactment of the Founding of St. Louis, featuring hundreds including dignitaries from Quebec, France and the Osage Nation. Other Signature event included the Fourth of July Celebration in Forest Park and First Night "Cakeway to the West" art project + scavenger hunt + history lesson.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

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 and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93%; rating input score 93
  • Program expense ratio: 93.5%; rating input score 93
  • 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • 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: 0.6%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 95; 95th percentile among comparable filings
  • Officer compensation ratio: 3.3%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: 83.1% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 77.4% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 14.2% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 93% of revenue deployed · 93.5% of spending went to programs
  • Governance: 43 of 43 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $812K in reported program spending
  • Leadership: top reported pay $29K · 45 people listed
  • Consistency: 37 of 37 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 2 filing years from 2013 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 — Accountability: Governance controls: 4 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.