Ben Franklin Ctr of Excellence of Nw Pa

Nonprofit profile at a glance

EIN
680520097
IRS 990 coverage
2010–2010
Forms available
Form 990 2010
Location
Erie, PA, USA
Phone
8148986305
Rating confidence
Limited
Sector
Economic Development

Official website

Reported finances

Revenue
$726,083
Expenses
$851,272
Assets
$915,635
Liabilities
$224,399

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

Leadership & pay

19 people listed

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

Overview

Mission

Assists Pennsylvania businesses and organizations with understanding, using and developing information technologies to grow the economy by: 1) providing resources to enable company formation and growth, 2) developing technology talent and expertise, and 3) facilitating collaborative efforts to stimulate innovation.

What it reported doing in 2010

Education program - provided it-related education opportunities for online consumption.kiz - keystone innovation zone - the erie keystone innovation zone (kiz) is a state funded initiative with a mission to support technology-based new start-ups, assist in technology product development and commercializing new technologies. Ebizitpa supported the kiz business plan contest.the emarketing learning center (emlc).

Operating model

Revenue model
Grant-funded. 96% of the money available for current operations came from government grants.
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: 90
  • Accountability: 100
  • Sustainability: 33
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 86%; rating input score 86; 31st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -17.2%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 1.08; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 86; 86th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 17 of 17 board members independent · 7 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $666K in reported program spending
  • Leadership: top reported pay $0 · 19 people listed
  • Highest-paid contractors: 1 contractor listed
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes grants
  • Money network: 7 filed money-flow records
  • Related organizations: 7 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

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

  • High — Sustainability: Operating margin scored 10/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.