Cape Atlantic Ink Inc
Nonprofit profile at a glance
- EIN
- 223843135
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Mays Landing, NJ, USA
- Phone
- 6098292038
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Counseling, Support Groups
Reported finances
- Revenue
- $14,858,728
- Expenses
- $13,742,500
- Assets
- $13,615,464
- Liabilities
- $2,870,102
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- ALAN DESTEFANO (EXECUTIVE DIRECTOR)
Highest reported compensation
- ALAN DESTEFANO (EXECUTIVE DIRECTOR): $208,772 total reported compensation
- PATRICIA ORAPALLO (OPERATIONS ADMINISTRATOR): $166,151 total reported compensation
- WAYNE RICHTER (CHIEF FINANCIAL OFFICER): $153,263 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of cape atlantic ink is to create solutions together with youth and their families using a strength-based wraparound model in partnership with the community to facilitate desired positive outcomes in their lives and enhance the youths ability to live and thrive in their community.
What it reported doing in 2024
Cape atlantic integrated network for kids inc. Cape atlantic ink provides care management services to youth with serious mental and behavioral health challenges using a wraparound model that deals with the youths and familys strengths using a participative child family team process. Youth served are from atlantic and cape may New Jersey counties and are generally ages 5-21. Youth are referred to cape atlantic by the state of new jerseys department of children and families dcf.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 95% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 76
- Accountability: 100
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.5%; rating input score 70
- Program expense ratio: 77%; rating input score 77
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 98.2%; rating input score 98; 29th 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; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.5%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.99; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 7.8%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 9.6% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 6.8% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 19% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 70.5% of revenue deployed · 77% of spending went to programs
- Governance: 5 of 5 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $10.6M in reported program spending
- Leadership: top reported pay $209K · 13 people listed · 2 of 6 pay-setting controls reported
- Consistency: 35 of 36 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 9 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.