Talent Challenge for Charity Ltd

Nonprofit profile at a glance

EIN
474212334
IRS 990-EZ coverage
2015–2018
Forms available
Form 990-EZ 2018
Location
Hardy, VA, USA
Phone
5408714969
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$79
Expenses
$4,809
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • DR JOE BLACKSTOCK (CO-PRESIDENT)
  • CAROLYN H MCMILLAN (CO-PRESIDENT & TREASURER)
  • JERRY MCMILLAN (CO-VICE PRESIDENT)
  • JOE BRYANT (CO-VICE PRESIDENT)
  • KELLY DOOLEY (CO-VICE PRESIDENT)
  • JEFF HANIEWICH (CO-VICE PRESIDENT)

People named in this filing

  • DR JOE BLACKSTOCK (CO-PRESIDENT)
  • CAROLYN H MCMILLAN (CO-PRESIDENT & TREASURER)
  • JERRY MCMILLAN (CO-VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The activity of the organization is to hold one or more galas in which local personalities dance with dance instructors and other members of the community. The galas are promoted to the community and all funds raised from the galas, after direct expenses of the galas, are donated to various other 501(c)(3) organizations. In essence, the activity of the organization is to raise money for donation to other 501(c)(3) organizations as selected by the board of directors.

What it reported doing in 2018

To expand awareness and financial outreach to other local 501(c)(3) charities by holding high energy and fun events to raise needed funds.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 62.4%; rating input score 62

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -5,987.3%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -64.3% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -71.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -31.7% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 62.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2015 to 2018
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.