True Mentors NFP
Nonprofit profile at a glance
- EIN
- 475594047
- IRS 990-EZ coverage
- 2018–2020
- Forms available
- Form 990-EZ 2020, Form 990-N 2017
- Location
- Schaumburg, IL, USA
- Phone
- 8156750555
- Rating confidence
- Limited
- Sector
- Adult, Child Matching Programs
Reported finances
- Revenue
- $117,310
- Expenses
- $28,462
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Gary Rabine (President)
People named in this filing
- Gary Rabine (President)
- Quinton James (Secretary)
- Kelly Rogers (Treasurer)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A nonprofit dedicated to promoting the development and expansion of industries by providing training, mentoring, and resources to business professionals, entrepreneurs, and the next generation of leaders. With a commitment to philanthropy, civic engagement, and education, true mentors seeks to bridge the social and skills gap of thousands of individuals throughout the nation.
What it reported doing in 2020
True Mentors Leadership Forum - Monthly Round table meeting with members, moderators, and CEO Guest sharing personal experiences and best practices to match real time need of the members.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Sustainability: 53
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
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: 75.7%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 40.5% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: -99.4% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2018 to 2020
- 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 — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.