Ambassadors Group Inc
Nonprofit profile at a glance
- EIN
- 844310526
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Clifton, NJ, USA
- Phone
- 2129208080
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $1,052,271
- Expenses
- $1,088,450
- Assets
- $132,738
- Liabilities
- $58,236
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JACOB RABINOWICH (CEO)
- JACOB RABINOWICH (CEO)
Highest reported compensation
- JACOB RABINOWICH (CEO): $294,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's mission is to advance the interests of the long-term care industry through a proactive coalition of regional long-term care provider networks. In order to accomplish this, there must be cooperation and collaboration between all of the organization's members in helping identify the issues at hand, determining the possible solutions to these issues, and enacting these solutions in the industry.
What it reported doing in 2024
Help promote the needs of the industry by informing and educating the greater public on the challenges faced by long-term care providers. In order to overcome the issues and challenges being identified, the organization will encourage members to engage with the public to educate them on how skilled nursing care is provided in the 21st century. This will be done via interviews, public tours, marketing, etc.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of voting board members are independent and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 82
- Accountability: 31
- Sustainability: 18
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.3%; rating input score 62
- Program expense ratio: 60.2%; rating input score 60
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.5%; rating input score 100; 49th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.4%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0.44; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 27%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: -8.8% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: 2.2% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: 28.4% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 62.3% of revenue deployed · 60.2% of spending went to programs
- Governance: 0 of 3 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $656K in reported program spending
- Leadership: top reported pay $294K · 4 people listed · 4 of 6 pay-setting controls reported
- Consistency: 23 of 24 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes grants and executive pay
- Filing history: 3 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.