Agc Charities Inc

Nonprofit profile at a glance

EIN
264186229
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-EZ 2016
Location
Arlington, VA, USA
Phone
7035483118
Rating
39
Verdict
REVIEW
Rating confidence
Moderate
Sector
Emergency Assistance

Official website

Reported finances

Revenue
$31,213
Expenses
$10,297
Assets
$224,025
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Highest reported compensation

  • BRIAN TURMAIL (DIRECTOR): $442,006 total reported compensation
  • CHRISTINE SOUDERS (TREASURER): $402,161 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support and provide financial and other assistance to construction craft workers and other construction professionals, disabled military veterans, and other individuals who require assistance for humantiarian reasons

What it reported doing in 2024

The 2024 operation opening doors program teamed up with kokosing and united rentals to lead dozens of volunteers from across the country to assemble all the walls for a new house being built by habitat for humanity Delaware and union counties. The volunteer workday at kokosings campus in westerville involved cutting wood and assembling the various pieces into prefabricated walls that will be erected on land own by habitat for humanity for a deserving family.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

REVIEW - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 8
  • Transparency & Controls: 60
  • Accountability: 64
  • Sustainability: 76
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.6%; rating input score 8
  • Program expense ratio: 12.1%; rating input score 12
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 83.3%; rating input score 83; 25th percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Limited
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 67%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 21.76; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 1,190.3%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -31.3% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 58th percentile among comparable filings
  • Asset growth: 5.1% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 7.6% of revenue deployed · 12.1% of spending went to programs
  • Governance: 10 of 12 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $442K · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 12 of 12 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Mission deployment rate scored 8/100.
  • High — Financial Efficiency: Program expense ratio scored 12/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.