Active Auctioneers Inc

Nonprofit profile at a glance

EIN
264544109
IRS 990 coverage
2013–2013
Forms available
Form 990 2013, Form 990-EZ 2012
Location
San Clemente, CA, USA
Phone
9493656388
Rating
53
Verdict
MIXED
Rating confidence
Moderate
Sector
Private Grantmaking Foundations

Reported finances

Revenue
$133,369
Expenses
$41,904
Assets
$313,985
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Mike Hoch (President)
  • Scott Caldwell (Vice President)

People named in this filing

  • Mike Hoch (President)
  • Scott Caldwell (Vice President)
  • Mark Harman (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization exists to educate through schools and seminars all those who desire to excel and achieve their professional goals in the auction community additionally, the organization exists to assist financially those within the community who are suffering from illness or accident or other lifetime set-backs, especially where insurance benefits are limited.

What it reported doing in 2013

During 2013, the organization held one benefit auction (5-19-12) that was attended by approximately 300 people including representatives from the major auction locations, many dealers and wholesalers as well as auctioneers and ringmen. The event continued to strengthen personal relationships between auctioneers and ringmen and the business community as well as initiate new relationships.The organization paid four grants in the amount of $5,000 each and one in the amount of $500.The organization held two free education seminars on March 21, 2012 at the Doubletree Hotel in Ontario, CA. The topic, Getting That Next Position, Panel discussion with President Mike Hoch, Head Auctioneers Rod Metter, Keven Lewis, Justin Holmberg.June 20, 2012 Francisco's Banquet Room, Oakland, CA Topic, Educating Northern California Auctioneers and Bid Spotters regarding the importance of this Foundation and Association. Panelists, President Mike Hoch, Vice President Scott Caldwell, Directors Ty Beahm, Tom Happel. Also discussed, Going to Corp Headquarters regarding job security for the industy.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 100
  • Accountability: 0
  • Sustainability: 89
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 23.8%; rating input score 24
  • Program expense ratio: 75.6%; rating input score 76
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 68.6%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 7.49; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 86; 86th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 65.1% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 34.1% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 23.8% of revenue deployed · 75.6% of spending went to programs
  • Governance: 0 of 9 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $32K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 5 filed schedules · includes grants
  • 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 — Financial Efficiency: Mission deployment rate scored 24/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.