Arc Reading Supervised Apartments Corp

Nonprofit profile at a glance

EIN
223607850
IRS 990-EZ coverage
2011–2014
Forms available
Form 990-EZ 2014
Location
West Deptford, NJ, USA
Phone
8568488648
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Developmentally Disabled Centers

Reported finances

Revenue
$75,482
Expenses
$61,890
Assets
$142,506
Liabilities
$206,209

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • DAVID CONTINO (PRESIDENT)
  • SUZANNE DALTON (EXECUTIVE VICE PRESIDENT)
  • JOHN RUBIS (VICE PRESIDENT)

People named in this filing

  • DAVID CONTINO (PRESIDENT)
  • SUZANNE DALTON (EXECUTIVE VICE PRESIDENT)
  • JOHN RUBIS (VICE PRESIDENT)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide disabled persons with housing.

What it reported doing in 2014

Provide disabled persons with housing facilities & services designed to meet their physical, social, & psychological needs & to promote their health, security, & happiness.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 82
  • Sustainability: 63
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58%; rating input score 58
  • Program expense ratio: 70.8%; rating input score 71

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 18%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 2.3; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 1.45; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -13.7% per year; rating input score 0; 28th percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: -1.8% per year; rating input score 0; 39th percentile among comparable filings

Details

  • Where the money goes: 58% of revenue deployed · 70.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $44K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2011 to 2014
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 58/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.