The Moody Nolan Legacy Project

Nonprofit profile at a glance

EIN
364911593
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2019, Form 990-EZ 2024
Location
Columbus, OH, USA
Phone
6144614664
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Support

Reported finances

Revenue
$53,282
Expenses
$313,857
Assets
$57,224
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • CURT MOODY (PRESIDENT, DIRECTOR (UNTIL 10/24))

People named in this filing

  • CURT MOODY (PRESIDENT, DIRECTOR (UNTIL 10/24))
  • JONATHAN MOODY (SECRETARY, DIRECTOR)
  • JAY BOONE (TREASURER, 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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To help those who are in need of a helping hand to acquire housing for a fresh start.

What it reported doing in 2024

The moody nolan legacy project is a charitable endeavor to provide a fresh start for low income families by building and donating homes. Moody nolan, inc. Along with other local business partners will be contributing their time and resources including cash and non-cash, in order to build houses that will be contributed to a needy family in the local community. These families will be chosen by a local tax-exempt organization, southeast, inc., which has programs focused on families and communities including homeless services. Ymca of central Ohio will also advise in the selection of these needy families. The organization plans to partner with other charities in the future. 100% of the organization's time is dedicated to this activity, which will be conducted primarily out of corporate headquarters.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 21
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

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: -489%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -4.3% per year; rating input score 0; 37th percentile among comparable filings
  • Revenue growth: -7.1% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: 0.2% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $314K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • 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 — Sustainability: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.