Tyler Haymore Memorial Scholarship Foundation Inc

Nonprofit profile at a glance

EIN
825204998
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Yuba City, CA, USA
Phone
5306821026
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Public, Society Benefit N.E.C.

Official website

Reported finances

Revenue
$6,239
Expenses
$23,320
Assets
$192,737

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • CAMERON HAYMORE (President)
  • KYLE O'NEAL (Vice President)

People named in this filing

  • CAMERON HAYMORE (President)
  • KYLE O'NEAL (Vice President)
  • TERRI ERWIN (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

The tyler haymore memorial scholarship foundation will grant scholarships to selected recipients to assist them in pursuing education to achieve the career they are passionate about.

What it reported doing in 2024

The foundation honors the memory of tyler haymore through charity and educational scholarships. Individuals are encouraged to apply for educational scholarships of up to $5,000 to fund their academic dreams and help others fulfill their passions just as tyler did.

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
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85.8%; rating input score 86

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -273.8%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 8.26; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 38.7% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: -8.8% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: 14.3% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 85.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $20K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • 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: Operating margin scored 4/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.