Action Inc
Overview
Mission
The mission of action inc. Is to create opportunities that promote a thriving cape ann for all.
What it reported doing in 2023
Energy management - a law was enacted which required that low-income residential demand-side management and education programs be implemented through the low income weatherization network and coordinated with all electric and gas distribution companies in the state, with the objective of standardizing implemenation. The energy management program, which is mainly the lean program was established among the member agencies of the low income fuel network to provide the services required for implementing the coordination requirements of the statue.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 042389332
- IRS 990 coverage
- 2009–2023
- Forms available
- Form 990 2023
- Headquarters
- Gloucester, MA, USA
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services
The verdict
STRONG - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for setting executive pay and available reserves provide a limited financial cushion.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 66
- Accountability: 100
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.8%; rating input score 95
- Program expense ratio: 98.2%; rating input score 98
- Fundraising efficiency: $60.02 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 24th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 78th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 3.5%; rating input score 54; 54th percentile among comparable filings
- Operating reserve ratio: 0.3; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.48; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 0.8%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 11.9% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 11% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 94.8% of revenue deployed · 98.2% of spending went to programs
- Governance: 16 of 16 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $174.7M in reported program spending
- Leadership: top reported pay $219K · 26 people listed · 1 of 6 pay-setting controls reported
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 15 annual filings from 2009 to 2023
- Money network: 9 filed money-flow records
- Related organizations: 1 filed related-organization link