The Bart Scharlach Memorial Foundation Inc

Nonprofit profile at a glance

EIN: 611470211
IRS 990-EZ coverage: 2010–2015
Forms available: Form 990-EZ 2015
Location: Mt Pleasant, TX, USA
Phone: 9035723635
Rating: 45
Verdict: MIXED
Rating confidence: Moderate
Sector: Public Foundations

Reported finances

Revenue: $48,015
Expenses: $28,727
Assets: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

WELDON MILLER (President)
JOE SANDLIN JR (Vice President)

People named in this filing

WELDON MILLER (President)
JOE SANDLIN JR (Vice President)
CHRIS ELLIOTT (Director)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Education and public well being

What it reported doing in 2015

The foundation shall raise funds and administer funding for educational, health and community purposes, which will improve the quality of life for people in the mt. Pleasant, tx and ft. Stockton, tx areas.

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 2
Transparency & Controls: 100
Sustainability: 49
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 1.5%; rating input score 2
Program expense ratio: 2.5%; rating input score 3

Transparency & Controls

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

Sustainability

Operating margin: 40.2%; rating input score 89; 89th percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

Program expense growth: -22% per year; rating input score 0; 20th percentile among comparable filings
Revenue growth: 47.9% per year; rating input score 100; 96th percentile among comparable filings
Asset growth: -15.6% per year; rating input score 0; 17th percentile among comparable filings

Details

Where the money goes: 1.5% of revenue deployed · 2.5% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $727 in reported program spending
Leadership: top reported pay $0 · 14 people listed
Consistency: 5 of 6 current checks pass · 1 finding to review
Schedules: 4 filed schedules
Filing history: 6 filing years from 2010 to 2015
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 — Financial Efficiency: Mission deployment rate scored 2/100.
High — Financial Efficiency: Program expense ratio scored 3/100.
Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
High — Growth: Program expense growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 1/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 57/100.