The Shamgar Foundation

Nonprofit profile at a glance

EIN
207203827
IRS 990-EZ coverage
2010–2021
Forms available
Form 990-EZ 2021
Location
Cochran, GA, USA
Phone
4789349500
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Private Grantmaking Foundations
Affiliation
Christianity

Reported finances

Revenue
$25
Expenses
$170
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • M GLENN SAWYER (Trustee)
  • TERRILL A PARKER (Trustee)
  • RONALD W SMITH (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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Foundation is created and shall be operated exclusively within the United States or any of its possessions, exclusively for religious, charitable and/or educational purposes within the meaning of Section 501(c)(3) of the Code or the corresponding provision of any future United States internal revenue law, and for the benefit of, to perform the functions of, or to carry out the purposes of the National Christian Charitable Foundation, Inc. ("NCF") and one or more other nonprofit organizations that are supported by NCF, described in Section 509(a)(1) or 509(a)(2) of the Code or a corresponding provision of any future internal revenue law, and promote, foster and encourage the spread of the Gospel of Jesus Christ through the study of the Bible or Biblical principles or the promotion of Christian ministries, works, or purposes.

What it reported doing in 2021

The shamgar foundation distributed all assets consisting of cash to first baptist church of cochran, Georgia upon the unanimous adoption of a resolution to dissolve the foundation. Copy attached.

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
Grant intermediary. The nonprofit sent 100% 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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 9
  • Growth: 80

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; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -580%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 42.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 32% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: -3.6% per year; rating input score 0; 26th 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 · $170 in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2010 to 2021
  • 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 — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.