The Huddle Fund

Nonprofit profile at a glance

EIN
993469210
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Roscoe, TX, USA
Phone
3252606030
Rating
44
Verdict
MIXED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution
Affiliation
Christianity

Reported finances

Revenue
$144,164
Expenses
$85,932
Assets
$58,232
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Cheyenne Smith (President)
  • Jake Fullwood (Vice President)

People named in this filing

  • Cheyenne Smith (President)
  • Jake Fullwood (Vice President)
  • Hannah Hyde (Treasurer)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Huddle Fund is a faith-based organization that is a 501(c)(3) non-profit founded in 2024. The broad intent of the organization is to allow different entities, whether it be churches, individuals, or businesses, to contribute monetary support as a tax-deductible donation for the improvement of life for those in need. The foundation of the organization is based on loving God and loving others. The primary focus on The Huddle Fund is on the Wednesday night "Huddle" ministry which serves, on average, 60 youth per week with the age range of 6th-12th grades from the Nolan County area. This ministry started in 2018 with 5 kids meeting each Wednesday night and has now grown into what it is today. In total, there are around 80 young people that attend the ministry regularly.

What it reported doing in 2024

The Huddle Fund strives to use contributions received to aid those in need. In 2024, two families were greatly benefited with monetary donations to help cover funeral costs and the travel expenses incurred to medical treatment.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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 and revenue comfortably covers expenses. 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: 0
  • Transparency & Controls: 100
  • Sustainability: 73
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 40.4%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 0.68; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.