Tyrone Poole 38 Foundation Inc

Nonprofit profile at a glance

EIN
800750246
IRS 990-EZ coverage
2016–2019
Forms available
Form 990 2015, Form 990-EZ 2019
Location
Atlanta, GA, USA
Phone
4042561606
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$4,165
Expenses
$4,394
Assets
$1,602
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • TYRONE POOLE (PRESIDENT & DIRECTOR)

People named in this filing

  • TYRONE POOLE (PRESIDENT & DIRECTOR)
  • JENNIFER POOLE (DIRECTOR)
  • BISHOP WILEY JACKSON (DIRECTOR)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Help children and teenagers through education and hands on assistance to obtain healthy living and attend college

What it reported doing in 2019

The tyrone poole 38 non-profit foundation is setup to help assist people in reaching their goals in life. One of the primary goals, is to raise funds that will be used to provide assistance to under privileged youth attending or trying to attend college. The tp38 foundation's humanitarian goal, is to help educate children and teenagers through a process of hands on helping of low income families and others in need due to unfortunate situations. The tp38 foundation physical awareness goal, is to help children and teenagers obtains healthy living through physical fitness training.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.

The verdict

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

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 39
  • Growth: 40

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -5.5%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 0.36; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 34% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: -19.2% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -5.7% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2016 to 2019
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 36/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.