Buchanan Children's Charities Inc

Nonprofit profile at a glance

EIN
450579992
IRS 990 coverage
2015–2018
Forms available
Form 990 2018, Form 990-EZ 2016, Form 990-N 2007
Location
Newport Beach, CA, USA
Phone
9497173162
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Private Grantmaking Foundations

Official website

Reported finances

Revenue
$78,574
Expenses
$176,172
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Robert S Brunswick (President)
  • Timothy J Ballard (Vice President)

People named in this filing

  • Robert S Brunswick (President)
  • Timothy J Ballard (Vice President)
  • Shana K Baker (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. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Buchanan children's charities (bcc), a public non-profit organization, was formed to measurably improve the quality of life and educational opportunities for children. The firm's commitment extends to fostering better educational systems, teaching fiscal responsibility, funding research and treatment for autism, supporting the arts and culture, improving the environment and encouraging employee volunteerism.

What it reported doing in 2018

Buchanan children's charities provided grants to the following charites during the year: padre foundation - supports children that are diagnosed with type 1 diabetes tia's hope - supports youth that are hospitalized by creating special moments for them orange county ronald mcdonald house - provides comfort, care and support to children and families irvine public schools foundation - enriches the edcational experience of each child in every school summer search - gives yound people the opportunity to strengthen the skills they need to succeed in school and in life arthritis foundation - pursue a cure for america's #1 cause of disability and supports people suffering from arthritis aquarium of the pacific/pacific vision - informal learning enviroment that will model ways for communicating about ocean exploration, conveying critical enviromental issues and sparking an interest and a passion for scientific discovery one oc/building block foundation - educating and nurturing at-risk youth orange county council boy scouts of america - prepare young people to make ethical and moral choices over their lifetime the uci foundation - raises and manages private funds to support philanthropy orange county community foundation - provides grants and match charitable interests to community needs laguna beach ocean lifeguard foundation - supports development of ocean lifeguards and junior lifeguards csu fullerton philantropic foundation - investment and management of philanthrpic gifts designated for the university victory way la crosse - lead, train and educate the sports community to play sports with dignity, compete with integrity and to win with grace. Boys and girls club of laguna beach - enable all young people to reach their full potential as productive, caring, responsible citizens during the year buchanan children's charities also held a fundraiser, "encore for education". "encore for education" is a charity concert. In 2018, the concert benefited the oc community foundation which supports music programs in public schools.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

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 the required major-donor schedule is missing or incomplete.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 66
  • Accountability: 70
  • Sustainability: 15
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 91.8%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 84.6%; rating input score 85; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 74.4%; rating input score 74; 47th percentile among comparable filings
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: -124.2%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: 10.7% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 15% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: -36.1% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 91.8% of spending went to programs
  • Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $162K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 17 of 19 current checks pass · 2 findings to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2015 to 2018
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.