Cdch Foundation for Special Children

Nonprofit profile at a glance

EIN
113484114
IRS 990 coverage
2010–2015
Forms available
Form 990 2015
Location
Old Bethpage, NY, USA
Phone
5168701600
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$121,663
Expenses
$122,793
Assets
$1,754,976
Liabilities
$788,000

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • ROBERT S BUDD (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • ROBERT S BUDD (CHIEF EXECUTIVE OFFICER): $427,663 total reported compensation
  • CHRISTOPHER LONG (CHIEF OPERATING OFFICER): $336,626 total reported compensation
  • SUSAN DICKINSON (CHIEF FINANCIAL OFFICER): $265,728 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule o

What it reported doing in 2015

Cdch foundation for special children (the "foundation") is an educational organization formed under the not-for-profit laws of New York in 1999. The child development center of the hamptons charter school, inc. ("charter school") and other not-for-profit organizations. Additionally, the foundation also operates and maintains and preserves the facility and land in which the preschool and charter school reside.

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 most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 60
  • Accountability: 91
  • Sustainability: 47
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.1%; rating input score 86
  • Program expense ratio: 85.3%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • 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; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.9%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 14.29; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 149.5%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -6.3% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -1.4% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: -4.7% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 86.1% of revenue deployed · 85.3% of spending went to programs
  • Governance: 3 of 3 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $105K in reported program spending
  • Leadership: top reported pay $428K · 7 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 6 filing years from 2010 to 2015
  • Contacts: How to reach this organization
  • Related organizations: 3 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.