Anti-displacement Project Inc

Nonprofit profile at a glance

EIN
043098406
IRS 990 coverage
2009–2010
Forms available
Form 990 2010
Location
Springfield, MA, USA
Phone
4137468862
Rating confidence
Limited
Sector
Legal Services

Official website

Reported finances

Revenue
$1,115,508
Expenses
$1,118,130
Assets
$508,045
Liabilities
$549,322

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

17 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Anti-displacement projects, inc. (adp) is a not-for-profit corporation formed exclusively for educational and charitable purposes to organize low-income families to improve conditions and quality of life. The adp is a multi-issue, institutionally and individually based membership organization, whose mission is to organize and empower low-income families in western Massachusetts in order to build political and economic power, promote cooperative economic development, increase the livable-compensation level of jobs for poor and low-income people, provide career ladders, empower workers via decision making, skill enhancement and job formulation, and achieve resident control of affordable housing to create lasting social and economic change. The way adp accomplishes this is to create new institutions controlled by low-income people and then use combined wealth and knowledge of the organizations to benefit the community.

What it reported doing in 2010

Charitable/educational: organize low-income families, recruit and develop local community leaders, identify issues of common concern and develop informational campaigns on a broad variety of issues indentified by the leadership; create community controlled businesses and engage in community building activities.

Operating model

Revenue model
Earned-program. 83% 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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 74
  • Accountability: 91
  • Sustainability: 28
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • 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: Fail
    • Document-retention policy: Fail
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.2%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 1.08; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 20.1%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 38.9% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 13.6% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 15 of 15 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $871K in reported program spending
  • Leadership: top reported pay $136K · 17 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 2 filing years from 2009 to 2010
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.