Together We Can Do Great Things Inc
Nonprofit profile at a glance
- EIN
- 922442767
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Franklin, NC, USA
- Phone
- 8286341834
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Foster Care
Reported finances
- Revenue
- $126,370
- Expenses
- $43,446
- Assets
- $332,951
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Julie Adams (President)
- John Adams (Vice President)
People named in this filing
- Julie Adams (President)
- John Adams (Vice President)
- Lucile Stubbs (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
Together We Can was formed to educate, support and advocate for the Fostering Community the children, and families and partner with the Department of Social Services.
What it reported doing in 2024
Community Outreach Events. The organization's two biggest events in 2024 were the Back to School Bash and XMas for the Kids. For the Back to School Bash, Together We Can organized a supply drive to provide school supplies for Foster Children, Foster Families and at risk children. For the XMas for the Kids, Together We Can organized and coordinated a supply drive to provide gifts for Foster Children and at risk children at Christmas time.
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
- 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 24
- Transparency & Controls: 74
- Sustainability: 81
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 14.3%; rating input score 14
- Program expense ratio: 41.7%; rating input score 42
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 65.6%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 7.66; rating input score 98; 98th 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: -79% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: 27.4% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 14.3% of revenue deployed · 41.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Financial Efficiency: Mission deployment rate scored 14/100.
- Moderate — Financial Efficiency: Program expense ratio scored 42/100.
- High — Growth: Revenue growth scored 0/100.