Change Corps

Nonprofit profile at a glance

EIN
464086765
IRS 990 coverage
2015–2018
Forms available
Form 990 2018, Form 990-N 2014
Location
Denver, CO, USA
Phone
3036289274
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public, Society Benefit N.E.C.

Official website

Reported finances

Revenue
$233,181
Expenses
$244,400
Assets
$116,651
Liabilities
$76,083

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

Leadership & pay

5 people listed

Executive titles in this filing

  • DAVID ROSSINI (PRESIDENT)
  • JACOB RIN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JACOB RIN (EXECUTIVE DIRECTOR): $34,220 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the corporation is to train activists to work on social change issues. Graduates of the program are ready to work for organizations or campaigns that will create a more equal and democratic america; a greener america that doesn't let ideology blind us to science; and one that respects our freedoms but understands that we're all in this together. The functions of the organization shall include training activist and working on social change campaigns with various partner organizations.

What it reported doing in 2018

Change corps, inc.'s signature program trains aspiring progressive leaders in the skills and strategies needed to advocate for change through a combination of learning in a classroom setting, providing field support for social welfare campaigns and assisting participants in the search for full-time organizing positions upon their completion of the program.

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
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 the filed numbers largely add up. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 25
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.3%; rating input score 79
  • Program expense ratio: 75.6%; rating input score 76
  • Fundraising efficiency: $7.19 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -4.8%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.65; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 14%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: -23% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: -20% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -21.4% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 79.3% of revenue deployed · 75.6% of spending went to programs
  • Governance: 3 of 3 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $185K in reported program spending
  • Leadership: top reported pay $34K · 5 people listed
  • Highest-paid contractors: 1 contractor listed · $102K reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2015 to 2018
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 5 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 31/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.