The Sloan Paris House Foundation Inc
Nonprofit profile at a glance
- EIN
- 992617983
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- New Albany, IN, USA
- Phone
- 8122529020
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $160,775
- Expenses
- $156,502
- Assets
- $4,273
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MELISSA MEIER (PRESIDENT)
People named in this filing
- MELISSA MEIER (PRESIDENT)
- WILLIAM COOKE (SEC. & TREAS)
- CARRIE MARCUM (SECRETARY)
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
We enrich lives through events, art, and education at the historic sloan paris house.
What it reported doing in 2024
During the 2024 tax year, the sloan paris house foundation, inc. Invested in critical infrastructure, preservation, and site improvements necessary to protect the historic sloan paris house and prepare the property for future public access, education, and community engagement. The organization funded upgrades to the electrical and network infrastructure to ensure safe, reliable operation of the historic property in anticipation of public viewing and educational programming. It also repaired portions of the property damaged during a prior construction project and reestablished landscaping to restore the historic setting and improve accessibility for future visitors. To support responsible public access and future events, the organization installed walking paths and irrigation systems throughout the property, improving safety, durability, and long-term stewardship of the grounds. In furtherance of sustainability and historic preservation, the organization installed a well to support ongoing maintenance of the property. This improvement honors the home's historical use of on-site water resources while reducing long-term operational costs, thereby enhancing financial sustainability for future generations. To protect the historic structure and prepare the site for public access, the organization invested in security improvements, including cameras, perimeter barriers, and exterior lighting, to reduce the risk of vandalism and unauthorized access. Additionally, the foundation waterproofed the basement of the sloan paris house to preserve the foundation, public safety, and structural integrity of the historic home, preventing long-term deterioration and ensuring its continued availability for charitable and educational use. These activities directly further the organization's exempt purposes by preserving and protecting the sloan paris house, enhancing public safety and access, and laying the groundwork for future educational programming and community benefit.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 100
- Sustainability: 29
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.3%; rating input score 97
- 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: 2.7%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: Limited
- 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: 97.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $157K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- 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 — Sustainability: Total-asset coverage ratio scored 5/100.
- Moderate — Sustainability: Operating margin scored 42/100.