Aco Incorporated
Nonprofit profile at a glance
- EIN
- 821598237
- IRS 990 coverage
- 2020–2020
- Forms available
- Form 990 2020, Form 990-EZ 2017
- Location
- Bellevue, NE, USA
- Phone
- 8886843599
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,881,108
- Expenses
- $2,937,955
- Assets
- $155,044
- Liabilities
- $384,512
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MARY JOU CARHART (PRESIDENT / COO)
Highest reported compensation
- LEROY H CARHART (MEDICAL DIRECTOR & PRACTIC): $113,864 total reported compensation
- MARY JOU CARHART (PRESIDENT / COO): $53,399 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide compassionate reproductive and abortion care in an empathetic, professional, and respectful environment. To empower people with the resources and direct care to determine the outcome of their pregnancies. To mentor and train residents and physicians in reproductive and abortion care.
What it reported doing in 2020
Our main purpose is to empower people to determine the outcome of their pregnancies, thus providing direct abortion care. In 2020, we provided direct care to 699 patients from states east of the Mississippi, south america, canada, europe, and central america. We did this over a period of 200 clinic days.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 90
- Accountability: 91
- Sustainability: 14
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.8%; rating input score 94
- Program expense ratio: 92%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -2%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: 2.48; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 5.7%; rating input score 47; 47th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 63.1% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 14.6% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 93.8% of revenue deployed · 92% of spending went to programs
- Governance: 2 of 2 board members independent · 7 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $2.7M in reported program spending
- Leadership: top reported pay $114K · 4 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 17/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Moderate — Sustainability: Officer compensation ratio scored 47/100.