The Freshman Fifteen
Nonprofit profile at a glance
- EIN
- 870754300
- IRS 990-EZ coverage
- 2020–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2023
- Location
- Charleston, SC, USA
- Phone
- 2127733000
- Rating confidence
- Limited
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $54,611
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- MARY K BUCKLEY (TRUSTEE)
- WILLIAM J BUCKLEY (TRUSTEE)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide underprivileged college students with the basic dorm room items that they could not easily afford, thereby helping to ease the transition into college life and the financial burden of purchasing these items.
What it reported doing in 2023
The freshman fifteen donated 264 packages containing sheets, towels, blankets, comforters, personal toiletry items, a backpack, school supplies and healthy snacks as in-kind contributions to 501(c)(3) public charities. The public charities then selected students to receive the packages.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 55
- Sustainability: 8
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -56.8% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -58.3% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 54.3% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 4 of 6 current checks pass · 2 findings to review
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2020 to 2023
- 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.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.