Broward Cares for Kids Foundation Inc
Nonprofit profile at a glance
- EIN
- 202273948
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-EZ 2017
- Location
- Fort Lauderdale, FL, USA
- Phone
- 9544146000
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $85,998
- Expenses
- $90,905
- Assets
- $547,681
- Liabilities
- $223,847
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- SIGRID MCCAWLEY (DIRECTOR)
- LISA MCDERMOTT (DIRECTOR)
- MELIDA AKITI (DIRECTOR)
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
The sole objective is to raise funds to support children in the welfare system. Funds raised by and donations to broward cares for kids foundation are used exclusively to benefit the abused, abandoned and neglected children of broward county who have been formally placed in the local child welfare system. The organization provides childnet, inc. And their providers with an alternative source of funding to facilitate the implementation of services not currently eligible for state and federal funding.
What it reported doing in 2024
In 2007, broward cares for kids foundation raised enough money to purchase a housing facility. This facility is used by childnet and other organizations to develop and subcontract for creative new group care programs. Broward cares for kids foundation rented this facility to reyna group home for the purpose of aiding the organizations exempt function of providing services to the abused, abandoned and neglected children in the child welfare system.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 90
- Accountability: 76
- Sustainability: 47
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.8%; rating input score 91
- Program expense ratio: 85.9%; rating input score 86
- 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: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -5.7%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 6.02; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.41; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 11.9% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: -0.2% per year; rating input score 0; 59th percentile among comparable filings
- Asset growth: 0.8% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 90.8% of revenue deployed · 85.9% of spending went to programs
- Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $78K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.