Stop Inc
Nonprofit profile at a glance
- EIN
- 540787715
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Chesapeake, VA, USA
- Phone
- 7578581360
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $7,632,951
- Expenses
- $7,560,791
- Assets
- $2,554,608
- Liabilities
- $1,494,744
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- REGINA P LAWRENCE (PRESIDENT AND CEO)
Highest reported compensation
- REGINA P LAWRENCE (PRESIDENT AND CEO): $139,739 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Stop inc. Is a non-profit corporation organized to carry out community action programs which are generally funded by revenue from federal agency programs and grants from local, state, and private agencies. Such grants usually require compliance with prescribed grant conditions and other special requirements specific to certain programs including the furnishing of certain amounts of funds disbursed on behalf of qualified appliants for assistance. Assistance is also provided in the form of donated services and or donated use of facilities for specific programs. These programs are funded on a cost reimbursement plan in accordance with the various grant award documents.
What it reported doing in 2024
Community services block grant (csbg) - temporary assistance for needy families (tanf) the state department of social services, csbg provides stop inc. With its administrative core funding. This grant also provides one-time crisis intervention for individuals and families who experienced financial difficulty in meeting their basic needs for the payment of rent/mortgage, employment and training, transportation services, emergency housing assistance and utility payments, and child care assistance.
Operating model
- Revenue model
- Grant-funded. 88% of the money available for current operations came from government grants.
- 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 90
- Accountability: 90
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.2%; rating input score 79
- Program expense ratio: 79.9%; rating input score 80
- 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: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 0.9%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.59; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 1.8%; rating input score 77; 77th percentile among comparable filings
Growth
- Program expense growth: 5% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 4.6% per year; rating input score 100; 32nd percentile among comparable filings
Details
- Where the money goes: 79.2% of revenue deployed · 79.9% of spending went to programs
- Governance: 16 of 16 board members independent · 6 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $6M in reported program spending
- Leadership: top reported pay $140K · 17 people listed
- Highest-paid contractors: 1 contractor listed · $210K reported
- Consistency: 26 of 26 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2012 to 2024
- 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.
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 — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.