Springfield Black Tie INC EIN 26-4389769 Form 990 (PDF) Claim this org

Springfield Black Tie INC

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Raises funds for charities serving the LGBT community in Southwest Missouri. For fiscal year 2024 it reported $295K in revenue, $273K in expenses, and $362K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Springfield, MO
Website
www.springfieldblacktie.org
Filings
5 on file (2020–2024)
Revenue
$295KFY2024
Expenses
$273K
Net assets
$362K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-4389769 Public charity (501(c)(3)) Springfield, MO
Form 990 (PDF)
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Size
$100K–1M
What they do
Raises funds for charities serving the LGBT community in Southwest Missouri.
Leadership
Randal Doennig · Director
Money in and out
$295K revenue, $273K expenses
Bottom line
97% program efficiency
Where the money goes · FY2024
Total revenue
$295K
Pt VIII · Ln 12
Total expenses
$273K
Pt IX · Ln 25
Net assets
$362K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $23K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs+0.5% vs prior filing year
Operating runway
27.1mo
months of highly liquid reserves at operating expense rate▼ -27% vs prior filing year
Surplus margin
+8%
revenue over expenses, this year▼ -45% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$295K
FY2024▲ +30%
Expenses
$273K
FY2024▲ +39%
Total assets
$362K
FY2024▲ +7%
Total liabilities
$0
FY2024
Total revenue
$295K
Pt VIII · Ln 12
Total expenses
$273K
Pt IX · Ln 25
Net assets
$362K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$23K
Total assetsPt X · Ln 16$362K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $265K of program spending, described in the organization's own filed words · FY2024.
01

Southwest missouri's premier fundraising event benefiting local and state- wide charities which serve the LGBT community.

$265Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSpringfield Black Tie INC
EINHdr · item D26-4389769
Principal addressHdr · item CSpringfield, MO
WebsiteHdr · item Jwww.springfieldblacktie.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P12)
Ruling yearIRS BMFApr 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Springfield Black Tie INC executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$360K · 122%
Investment income$4K · 1%
Contributions & grants122%$360K
Investment income1%$4K
Total revenueLn 12$295K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$265K
Management & general3%$8K
Total functional expensesLn 25$273K

Balance Sheet

Part X · end of year
CashLn 1$194K
Total assetsLn 16$362K
Total liabilitiesLn 26$0
Total net assetsLn 32$362K
Months of cash on handcomputed8.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $362K · Operating expenses (Pt IX) $273K · Less non-cash grants $112K · Cash operating expenses/yr $160K
27.1 months
Where the money goes
Program services
Program services $265K · Total expenses $273K
97%
Management & General
Management & general $8K · Total expenses $273K
3%
Fundraising
Fundraising $0 · Total expenses $273K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $305K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $360K · Total revenue $295K
122%
Government reliance
Government grants — · Total revenue $295K
Earned-income share
Program service revenue $0 · Total revenue $295K
0%
Investment reliance
Investment income $4K · Total revenue $295K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $273K
0%
Growth & trend
Revenue growth (YoY)
This year $295K · Prior year $228K
+30%
Revenue CAGR
FY2020 $97K · FY2024 $295K
+32%
Net-asset trend (YoY)
End of year $362K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $295K · Expenses $273K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $362K
Net-asset ratio
Net assets $362K · Total assets $362K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $168K · Total assets (Pt X, ln 16) $362K
46%
People & payroll
Highest Reported Total Compensation
Individual Randal Doennig · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $273K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $273K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 30%
Investment management fee ratio 0.1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 29 grants · $574K · 2021–2024
Glo CenterFY2024$69,000
Pflag of the OzarksFY2024$30,750
Aids Project of the OzarksMO · FY2024$28,000
Msu FoundationFY2024$26,800
The Kitchen INCMO · FY2024$26,112
Foster Adopt Connect INCMO · FY2024$20,000
United Ministries in Higher EducatiFY2024$15,000
National Ave Christian ChurchFY2024$10,000
Springfield Art MuseumFY2024$10,000
American Indian Center of Spfd MoFY2024$8,000
Men's Chorus of the OzarksFY2024$8,000
The Victim Center INCMO · FY2024$7,500
Glo CenterFY2023$36,000
The Kitchen INCMO · FY2023$28,612
Pflag of the OzarksFY2023$28,000
Aids Project of the OzarksMO · FY2023$28,000
National Ave Christian ChurchFY2023$15,000
Springfield Art MuseumFY2023$12,500
See all 29 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$295K revenue · viewing · ⤓ 990 PDF
FY2023$228K revenue · ⤓ 990 PDF
FY2022$213K revenue · ⤓ 990 PDF
FY2021$182K revenue · ⤓ 990 PDF
FY2020$97K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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