Texas Ramp Project

Nonprofit profile at a glance

EIN
331139484
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Richardson, TX, USA
Phone
2146739299
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Home Improvement and Repairs

Reported finances

Revenue
$2,457,676
Expenses
$2,016,010
Assets
$2,338,449
Liabilities
$32,044

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

Leadership & pay

16 people listed

Executive titles in this filing

  • Keith Henderson (President)
  • R Peter Heinkel (Vice President)

People named in this filing

  • Keith Henderson (President)
  • R Peter Heinkel (Vice President)
  • Molli Harris (Secretary)

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

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

Overview

Mission

Texas Ramp Project provides free wheelchair ramps to elderly and disabled clients in financial need as identified by local health care providers and agencies. Ramps are built exclusively with volunteer labor keeping costs to a minimum. Ramps are built without regard to race religion ethnicity age or gender. Our vision is that no Texas resident shall lack safe access to and from his or her home because of financial limitations.

What it reported doing in 2024

During 2024 Texas Ramp Project constructed 2727 ramps which were provided at no charge. The average length of the ramps was 29.4 feet. In addition Texas Ramp Project received in kind donations of $169,573 in donated use of warehouse and storage facilities. This is included in the reconciliation of revenue and expenses to the audited financial statements schedule D part XI and XII

Operating model

Revenue model
Donor-supported. 91% 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.
  • 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. Total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.4%; rating input score 77
  • Program expense ratio: 93.6%; rating input score 94
  • Fundraising efficiency: $174.5 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings

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; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 18%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 1.16; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 83; 83rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 18.2% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 25.1% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 27.2% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 77.4% of revenue deployed · 93.6% of spending went to programs
  • Governance: 14 of 14 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $1.9M in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 45 of 45 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.