Central Valley Business Incubator Inc
Nonprofit profile at a glance
- EIN
- 770449599
- IRS 990-EZ coverage
- 2016–2016
- Forms available
- Form 990 2015, Form 990-EZ 2016
- Location
- Fresno, CA, USA
- Phone
- 5592784540
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Small Business Development
Reported finances
- Revenue
- $68,479
- Expenses
- $155,364
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
13 people listed
People named in this filing
- COREY PASEK (Board Member)
- SHERRIE FLYNN (Board Member)
- JOHN STEWART (Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote local economic development, further social welfare and lessen the burden of government by operating a small business incubator that will provide small start-up businesses with operating space and management counseling and support.
What it reported doing in 2016
Provided small start-up businesses with operating space and management counseling and support.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 13
- Transparency & Controls: 100
- Sustainability: 4
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.8%; rating input score 17
- Program expense ratio: 7.4%; rating input score 7
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -126.9%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 12.9%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -73.1% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -76.6% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 16.8% of revenue deployed · 7.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Financial Efficiency: Mission deployment rate scored 17/100.
- High — Financial Efficiency: Program expense ratio scored 7/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 6/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.