Talbot House EIN 47-3965435 Form 990 (PDF) Claim this org

Talbot House FY2023 filing

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Provides safe housing and support for women recovering from alcoholism and addiction. For fiscal year 2023 it reported $736K in revenue, $494K in expenses, and $418K in net assets.Pt I

Type
Public charity (501(c)(3)) · Mental Health
Location
Belden, MS
Website
talbothousetupelo.org
Filings
4 on file (2021–2023)
Revenue
$736KFY2023
Expenses
$494K
Net assets
$418K
People
8
Filings
4
Updates
0
More identity details & actions ⌄
EIN  47-3965435 Public charity (501(c)(3)) Belden, MS
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Provides safe housing and support for women recovering from alcoholism and addiction.
Leadership
Rebecca Weatherford · Executive Di · $48K
Money in and out
$736K revenue, $494K expenses
Bottom line
80% program efficiency
Where the money goes · FY2023
Total revenue
$736K
Pt VIII · Ln 12
Total expenses
$494K
Pt IX · Ln 25
Net assets
$418K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $243K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.17 Fundraising $0.03
Program efficiency
80%
of spending reaches programs
Operating runway
1.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+33%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$736K
FY2023▲ +84%
Expenses
$494K
FY2023▲ +19%
Total assets
$421K
FY2023▲ +245%
Total liabilities
$3K
FY2023▲ +59%
Total revenue
$736K
Pt VIII · Ln 12
Total expenses
$494K
Pt IX · Ln 25
Net assets
$418K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$243K
Total assetsPt X · Ln 16$421K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTalbot House
EINHdr · item D47-3965435
Principal addressHdr · item CBelden, MS
WebsiteHdr · item Jtalbothousetupelo.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F33)
Ruling yearIRS BMFDec 2016

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 · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$47,554Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Rebecca Weatherford’s $48K as Executive Di is at the 3rd percentile of top reported officer pay among 1687 $1–10M mental health nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021
Rebecca Weatherford$47,554$43,704
Rebecca N Weatherford$39,343

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $50K of program spending, described in the organization's own filed words · FY2022.
01

Provided housing for recovering female alcoholics and addicts who have completed a treatment program.

$50Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$689K · 94%
Program service revenue$48K · 6%
Contributions & grants94%$689K
Program service revenue6%$48K
Total revenueLn 12$736K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.17 Fundraising $0.03
Program services80%$397K
Management & general17%$82K
Fundraising3%$15K
Total functional expensesLn 25$494K

Balance Sheet

Part X · end of year
CashLn 1$55K
Total assetsLn 16$421K
Total liabilitiesLn 26$3K
Total net assetsLn 32$418K
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $55K · Operating expenses/yr $494K
1.3 months
Where the money goes
Program services
Program services $397K · Total expenses $494K
80%
Management & General
Management & general $82K · Total expenses $494K
17%
Fundraising
Fundraising $15K · Total expenses $494K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $10K · Solicited contributions (3-yr avg) $434K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $689K · Total revenue $736K
94%
Government reliance
Government grants — · Total revenue $736K
Earned-income share
Program service revenue $48K · Total revenue $736K
6%
Investment reliance
Investment income $0 · Total revenue $736K
0%
Program self-sufficiency
Program service revenue $48K · Total expenses $494K
10%
Growth & trend
Revenue growth (YoY)
This year $736K · Prior year $400K
+84%
Net-asset trend (YoY)
End of year $418K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $736K · Expenses $494K
+33%
Liabilities-to-Assets
Total liabilities — · Total assets $421K
Net-asset ratio
Net assets $418K · Total assets $421K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $421K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rebecca Weatherford · Reported title EXECUTIVE DI · Highest reported compensation $48K · Total expenses $494K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $130K · Total expenses $494K
26%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 17%
Fundraising cost ratio 2%
Revenue growth 84%
Accounting fee ratio 0.6%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$107K

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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)$1.5M revenue · ⤓ 990 PDF
FY2023$736K revenue · viewing · ⤓ 990 PDF
FY2022$400K revenue · ⤓ 990 PDF
FY2021$299K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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