Arcdesoto Inc

Nonprofit profile at a glance

EIN
592008900
IRS 990 coverage
2009–2023
Forms available
Form 990 2023
Location
Arcadia, FL, USA
Phone
8634942328
Rating
57
Verdict
MIXED
Rating confidence
Moderate
Sector
Developmentally Disabled Centers

Reported finances

Revenue
$569,243
Expenses
$629,706
Assets
$313,722
Liabilities
$631,155

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • PATRICIA SCHUDEL (PRESIDENT)

Highest reported compensation

  • ROBIN CARRENDER (EXECUTIVE DI): $65,495 total reported compensation
  • MANY ANN STARRETT (CONTROLLER): $60,470 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's primary exempt purpose is to provide assistance to disabled individuals who live in desoto county. Program service accomplishments include a total number of clients served of 46, which represents a slight increase over the previous fiscal year. The organization has a contract with the desoto county school board to provide assistance for their developmental training. Other services provided are non-residential support services, in home support, adult day training, and rehabilitation.

What it reported doing in 2023

Developmental training of mentally disabled individuals.

Operating model

Revenue model
Earned-program. 76% 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

MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 90
  • Accountability: 5
  • Sustainability: 17
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.3%; rating input score 83
  • Program expense ratio: 75.9%; rating input score 76
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -10.6%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 2.01; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 20%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: -3% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -2.2% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -0.2% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 83.3% of revenue deployed · 75.9% of spending went to programs
  • Governance: 0 of 44 board members independent · 1 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $478K in reported program spending
  • Leadership: top reported pay $65K · 5 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2009 to 2023
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 18/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.