Apex Community Care Inc

Nonprofit profile at a glance

EIN
222951387
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Danbury Ct, CT, USA
Phone
2037782437
Rating
82
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$8,836,157
Expenses
$9,005,751
Assets
$3,714,640
Liabilities
$3,098,586

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

Leadership & pay

11 people listed

Executive titles in this filing

  • ROBERTA A STEWART (CHIEF EXECUTIVE OFFICER)
  • WANDA KOVACS (PRESIDENT)

Highest reported compensation

  • ROBERTA A STEWART (CHIEF EXECUTIVE OFFICER): $275,498 total reported compensation
  • AUDRA BLOOD (DIRECTOR OF MEDICAL SERVICES): $233,120 total reported compensation
  • MARGARET TRUSSLER-MCLAUGHLIN (NURSE PRACTITIONER): $202,467 total reported compensation

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

Overview

Mission

Apex coummunity care provides temporary housing, housing assistance, and counseling to persons with AIDS and those who are HIV positive. Apex also provides AIDS & HIV education to the general public in the greater danbury area.

What it reported doing in 2024

Primary care for food, utilities & medical expenses to persons with AIDS for prevention & outreach. Program staff will utilize multiple techniques to deliver culturally and language appropriate prevention & risk reduction information to the community. Individual level outreach activities are brought to where people actually congregate. Distribution of HIV/AIDS prevention materials, educational literature & information regarding counseling & testing is made available.

Operating model

Revenue model
Grant-funded. 68% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 83% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 75
  • Accountability: 91
  • Sustainability: 20
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.9%; rating input score 89
  • Program expense ratio: 87.2%; rating input score 87
  • Fundraising efficiency: $259.67 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd 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: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.9%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.41; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.83; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 13%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 28.4% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 27.8% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 10.5% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 88.9% of revenue deployed · 87.2% of spending went to programs
  • Governance: 4 of 4 board members independent · 7 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $7.9M in reported program spending
  • Leadership: top reported pay $275K · 11 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 13 filed money-flow records
  • Related organizations: 7 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.