Thea Bowman Center
Nonprofit profile at a glance
- EIN
- 522157682
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Cleveland, OH, USA
- Phone
- 2164910699
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Neighborhood Centers
Reported finances
- Revenue
- $597,918
- Expenses
- $788,747
- Assets
- $666,247
- Liabilities
- $27,426
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- SHAWN KENNEDY (PRESIDENT)
Highest reported compensation
- ELLA HOLT THOMAS (FORMER EXEC): $55,000 total reported compensation
- JEREMY TAYLOR (EXECUTIVE DI): $3,269 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Tbc mission statement: we listen to the people of mt pleasant, learn and do what they want and need.
What it reported doing in 2024
Volunteer program: the center welcomed over 700 volunteers who provided help to all of the above programs and services. The year-round saturday hot lunch program alone is totally supported by over 350 volunteers from five partner churches. Businesses, companies, schools, churches, community residents, community social groups and sororities, support our small workforce and all programs. As a small organization, volunteers are a major asset to our mission and service to the community. Accomplishments: our mission statement (listening, learning and doing, adopted via the 2025 - 2027 strategic plan) is our guide to community engagement, connection and service delivery. Therefore, engagement and outreach during the hot meal and pantry time on saturdays, connects the center to the needs of the community's residents. This connection resulted in the implementation of the food choice program. This program empowers residents to select the items they want and need rather than receive a prepacked standard food bank grocery bag containing items that often aren't used. On saturdays, community residents are invited to participate in other tbc programs and services offered such as job fairs and the center's marketplace as well as receive valuable community, city and county resource information to help them in their daily life's journey. Development of program assessment and measurement tools to better account for our program and services was implemented january 2025. This included satisfaction surveys to be used by all programs for feedback from participants. The center's strategic plan will be updated and implemented for the period 2025 2027. Increased funding over the past four years has enabled the center to increase the staffing capacity from four part-time staff to seven full-time staff to meet the demand of expanded programming.
Operating model
- Revenue model
- Donor-supported. 89% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 83.1%; rating input score 83
- Fundraising efficiency: $8.6 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- 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: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -31.9%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0.84; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 7.4%; rating input score 46; 46th percentile among comparable filings
Growth
- Program expense growth: 11.5% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 9.7% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 11.6% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 83.1% of spending went to programs
- Governance: 13 of 13 board members independent · 5 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $655K in reported program spending
- Leadership: top reported pay $55K · 16 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 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.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
- High — Sustainability: Operating margin scored 5/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- Moderate — Sustainability: Officer compensation ratio scored 46/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.