Center for Applications-based Learning

Nonprofit profile at a glance

EIN
363984440
IRS 990 coverage
2010–2010
Forms available
Form 990 2010
Location
Naperville, IL, USA
Phone
6305055722
Rating confidence
Limited
Sector
Student Services, Organizations of Students

Official website

Reported finances

Revenue
$61,235
Expenses
$219,470
Assets
$2,608,727
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

5 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the art & science of engineering, enlarge & enhance engineering & scientific knowledge & applications, disseminate such knowledge, to promote applied research & education. In particular, to provide experience based learning opportunities for all persons.

What it reported doing in 2010

Scholars program: is a collection of educational programs for gifted children from the elementary age through high school. The program's mission is to "encourage excellence and enrichment opportunities among gifted students." component programs include young scholars, which provides enrichment programs for elementary-age children who have been identified as gifted; saturday scholars, a lecture series for gifted high school students.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Accountability: 57
  • Sustainability: 34
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 28th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • 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: -258.4%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 11.89; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 41%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 4 of 5 board members independent · 2 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $115K in reported program spending
  • Leadership: top reported pay $90K · 5 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.