Bentley Village Foundation Inc

Nonprofit profile at a glance

EIN
811204274
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Naples, FL, USA
Phone
2392384208
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$765,062
Expenses
$408,754
Assets
$2,585,748
Liabilities
$13,197

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

Leadership & pay

14 people listed

Executive titles in this filing

  • WAYNE ANTWORTH (PRESIDENT)
  • WILLIAM WELBOURN (VICE PRESIDENT)

People named in this filing

  • WAYNE ANTWORTH (PRESIDENT)
  • WILLIAM WELBOURN (VICE PRESIDENT)
  • CHASE BROOKE (TREASURER)

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

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

Overview

Mission

To provide competitive scholarships for eligible individuals and to sponsor and/or donate to projects intended to enrich the cultural, intellectual, emotional, or physical interests of the residents of bentley village or that advance the interests of the foundation in the greater bentley village community and southwest Florida.

What it reported doing in 2024

Scholarships: in collaboration with the collier community foundation (ccf) and using funds raised by the foundation, applicants were evaluated by four representatives of bentley village foundation (bvf) and five representatives of ccf. Since 2016, bvf has awarded " bentley wings " competitive scholarships to 89 students allowing students to pursue their career educational goals and is the largest program administered by ccf. All scholarship funds are disbursed directly from collier community foundation to the educational institutions per a written agreement between ccf and the bvf. Awardees are selected via applications scored on a matrix developed cooperatively between the two organizations. Awardees may receive annual renewals until their original courses of study are completed with (continued at schedule o) up to six annual renewals. The applications are considered for the "bentley wings" scholarship, plus 70 additional scholarships available from ccf.

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 48% for direct work, and 52% for grants.

The verdict

STRONG - 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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 87
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 54.9%; rating input score 55
  • Program expense ratio: 86.9%; rating input score 87
  • Fundraising efficiency: $18.68 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

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: 100%; rating input score 100; 76th 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 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: 46.6%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 6.33; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 21.3% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: 10.5% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 21.1% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 54.9% of revenue deployed · 86.9% of spending went to programs
  • Governance: 14 of 14 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $355K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Mission deployment rate scored 55/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.