Texas Equusearch Mounted Search and Recovery

Nonprofit profile at a glance

EIN
760664878
IRS 990 coverage
2010–2023
Forms available
Form 990 2023
Location
Dickinson, TX, USA
Rating
71
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Search and Rescue Squads

Official website

Reported finances

Revenue
$838,330
Expenses
$858,673
Assets
$573,772
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Highest reported compensation

  • TIMOTHY A MILLER (DIRECTOR): $78,000 total reported compensation
  • TAMMY PHILLIPS (TREASURER): $50,000 total reported compensation
  • ANGELA FARRIS (DIRECTOR): $50,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We are a volunteer search and recovery organization that searches for missing persons. In the past 23 years we have been in 11 countries, 42 states, amd handled over 2500 we provide services to families and law enforcement and never charge for our assistance.

What it reported doing in 2023

Our mission today is the same as it was when the organization began almost 24 years ago, searching for missing persons. While the organizsation began on horseback, today we use multiple resources: ground searchers, search on atvs, drones, mountain bikes, boats, kayaks, helicopters, planes, ground penetrating radar, and well cameras

Operating model

Revenue model
Donor-supported. 99% 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

SUPPORTED - 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 a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 93
  • Accountability: 28
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81%; rating input score 81
  • Program expense ratio: 79.1%; rating input score 79
  • Fundraising efficiency: $14.7 raised per $1 spent on fundraising; rating input score 50; 50th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 8th 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: 40%; rating input score 40; 10th 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: -2.4%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0.67; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 92; 92nd percentile among comparable filings
  • Officer compensation ratio: 20.7%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 29th percentile among comparable filings
  • Revenue growth: 6.3% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 22% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 81% of revenue deployed · 79.1% of spending went to programs
  • Governance: 2 of 5 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $679K in reported program spending
  • Leadership: top reported pay $78K · 3 people listed
  • Consistency: 24 of 25 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 to 2023
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.
  • Moderate — Accountability: Independent voting board scored 40/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 50/100.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 13/100.