Arcs Foundation Inc Lubbock Chapter

Nonprofit profile at a glance

EIN
237404196
IRS 990-EZ coverage
2010–2013
Forms available
Form 990-EZ 2013
Location
Lubbock, TX, USA
Phone
8067915456
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Developmentally Disabled Centers

Official website

Reported finances

Revenue
$58,792
Expenses
$73,784
Assets
$205,201
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • GAIL HOUSE (PRESIDENT)

People named in this filing

  • GAIL HOUSE (PRESIDENT)
  • JUNE WAGNER-WACHTEL (CORRESPONDING SECRETARY)
  • ALICIA KNIGHT (RECORDING SECRETARY)

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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The arcs foundation is dedicated to helping meet our country's need for scientists and engineers by providing scholarships to academically outstanding students who are u.s. Citizens studying for degrees in science, medicine and engineering, thereby contributing not only to the advancement of science, but also to the material and intellectual welfare of all people.

What it reported doing in 2013

Math and science scholarships to Texas tech university, Texas tech university health sciences center, and lubbock christian university. During the year ended june 30, 2014 recipients received cash scholarships ranging from $2,500 to $5,000.

Operating model

Revenue model
Donor-supported. 88% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Sustainability: 46
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 87%; rating input score 87

Transparency & Controls

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

Sustainability

  • Operating margin: -25.5%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 2.78; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 3% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: -11.3% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: -3.2% per year; rating input score 0; 37th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 87% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $64K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2010 to 2013
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.