Change of Course Inc
Nonprofit profile at a glance
- EIN
- 263634658
- IRS 990-EZ coverage
- 2012–2014
- Forms available
- Form 990-EZ 2014, Form 990-N 2011
- Location
- Brandon, FL, USA
- Phone
- 8135144646
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Vocational Rehabilitation
Reported finances
- Revenue
- $78,540
- Expenses
- $80,452
- Assets
- $1,862
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Christine Sauciunac (Board President / Treasurer)
- Marcia Cedano (Board Vice President)
- Catherine Baierlein (Executive Director / Employment Specialist)
People named in this filing
- Christine Sauciunac (Board President / Treasurer)
- Marcia Cedano (Board Vice President)
- Erika Buckley (Board Secretary)
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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary exempt purpose of Change Of Course Inc is to assist people with disabilities and under privileged job seekers to be trained, hired and retained in positions that meet their job goals
What it reported doing in 2014
In 2014, 10 job seekers with disabilities were successfully hired into new jobs ( and an additional job seeker successfully participated in an on the job training). 14 total job seekers ( including most of the aforementioned) were assisted to retain their positions past 90 days of employment. Pre-employment training was provided and employees were assisted with securing reasonable accommodations, as needed.
Operating model
- Revenue model
- Donor-supported. 98% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.4%; rating input score 69
- Program expense ratio: 67.7%; rating input score 68
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -2.4%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.02; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 64.9%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 14.2% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 16.6% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 29.7% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 69.4% of revenue deployed · 67.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2012 to 2014
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Sustainability: Officer compensation ratio scored 1/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.