The Springboard Center
Nonprofit profile at a glance
- EIN
- 752805439
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Midland, TX, USA
- Phone
- 4326200255
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Family Counseling
Reported finances
- Revenue
- $7,444,031
- Expenses
- $7,095,238
- Assets
- $12,422,843
- Liabilities
- $330,680
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- CHARLES GRANGER (PRESIDENT)
Highest reported compensation
- DAVID CHANCELLOR (EXECUTIVE DI): $180,303 total reported compensation
- JOE BELL (MARKETING DI): $152,493 total reported compensation
- HARLENE MRAZ (FINANCE DIRE): $16,700 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission at the springboard center is to heal lives and restore families by treating substance use disorders through comprehensive clinical counseling and medical support, built on a foundation of abstienence, recovery and love.
What it reported doing in 2024
The sober living program offers transitional housing as part of a continuum of care, providing 32 beds for men, and 11 for women. This program focuses on fostering accountability and a supportive community environment. Residents must hold a job and participate in regular meetings, routine drug testing, and shared community responsibilities. Emphasizing camaraderie, the program supports individuals as they work to strenghten their sobriety and rebuild their lives. There were 165 clients served in 2024.
Operating model
- Revenue model
- Earned-program. 78% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 65
- Accountability: 95
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.6%; rating input score 80
- Program expense ratio: 83.5%; rating input score 84
- Fundraising efficiency: $2.99 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.7%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 1.75; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 4.9%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: 7.8% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 7.2% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 8.1% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 79.6% of revenue deployed · 83.5% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $5.9M in reported program spending
- Leadership: top reported pay $180K · 13 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $418K reported
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 8/100.
- Review — Sustainability: Operating margin scored 50/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Review — Sustainability: Officer compensation ratio scored 54/100.