Tabitha's Way

Nonprofit profile at a glance

EIN
273402820
IRS 990 coverage
2013–2024
Forms available
Form 990 2024, Form 990-N 2012
Location
Spanish Fork, UT, USA
Phone
8018303951
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Thrift Shops

Official website

Reported finances

Revenue
$15,204,089
Expenses
$12,704,941
Assets
$11,368,184
Liabilities
$2,591,064

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Highest reported compensation

  • Wendy Osborne (Chairman): $66,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Tabithas Way provides a robust solution to individual and families who are facing food insecurity by providing them temporary food assistance and related resources through their local food pantries and community outreach services. Tabithas Way food has three food pantries located in North Utah County, South Utah County and Saratoga Springs.

What it reported doing in 2024

During 2024, Tabithas Way Grocery Rescue was able to secure essential food items for its Pantry Services Program using grants, collection drops, food drives, and working with local grocery retail stores. Total essential food items collected includes Total grocery pounds collected of 2,100,422, total UTFB pounds collected of 1,321,065, total CAS pounds collected of 4,974 and total purchased grant/gift card pounds of 693,481. Gathered 1,368,037 pounds in Food Drive, and gathered 97,419 pounds in non-food goods Hygiene, Diapers etc.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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: 88
  • Transparency & Controls: 83
  • Accountability: 80
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.1%; rating input score 82
  • Program expense ratio: 98.3%; rating input score 98
  • Fundraising efficiency: $184.79 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 87.5%; rating input score 88; 2nd 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: 83.3%; rating input score 83; 17th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 16.4%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 0.89; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 55; 55th percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 89; 89th percentile among comparable filings

Growth

  • Program expense growth: 14% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 15.8% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 29.8% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 82.1% of revenue deployed · 98.3% of spending went to programs
  • Governance: 5 of 6 board members independent · 6 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $12.7M in reported program spending
  • Leadership: top reported pay $66K · 6 people listed
  • Consistency: 28 of 30 current checks pass · 2 findings to review
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 12 filing years from 2013 to 2024
  • 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.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX DepreciationDepletion column sum did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 55/100.