Charitystrong Inc

Nonprofit profile at a glance

EIN
464094066
IRS 990 coverage
2014–2018
Forms available
Form 990 2018
Location
New York, NY, USA
Phone
2124471236
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Services N.E.C.

Official website

Reported finances

Revenue
$300
Expenses
$78,455
Assets
$0
Liabilities
$0

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

Leadership & pay

14 people listed

Executive titles in this filing

  • JASON LILIEN ESQ (PRESIDENT)
  • WILLIAM D SAUER (CEO)

Highest reported compensation

  • LAURA COLIN KLEIN (EXEC DIRECTO): $8,142 total reported compensation

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

Overview

Mission

Charitystrong inc's mission is to assist public charities in achieving the highest standards of board leadership, governance, and oversight. The organization works to fulfill this mission through a director recruitment program that will help produce a broader and more diverse talent pool of directors to serve on boards of 501(c)(3) public charities and assisting nonprofit board members in developing the skills necessary to fulfill their responsibilities by providing good governance instruction and access to governance resources. Programs commenced operations in september 2016.

What it reported doing in 2018

Onboard program - onboard is a director recruitment and matching service that gives public charities seeking to fill board vacancies access to director candidates. Using an online database system, onboard will expand the pool of diverse, committed, motivated, knowledgeable and skilled individuals who are willing to serve on charity boards and match them with organizations seeking new board members. Onboard reaches out to companies, professional firms, educational institutions, civic organizations and associations to identify prospective director candidates. Directors u program - directors u is a governance education portal for public charities. Directors u offers access to an online resource library with extensive material concerning best practices for boards of directors of public charities and laws and regulations applicable to these organizations. There is an emphasis on New York state. Directors u houses a short online core course on governance that is required for director candidates and strongly encouraged for sitting board members at charities that are using the onboard program. Information will be responsive to various levels of experience, including introductory material for new directors as well as advanced topics for experienced directors. Both programs are accessible through charitystrong's website at www.charitystrong.org. The homepage of the website includes a calendar of governance training opportunities in New York state.

Operating model

Revenue model
Donor-supported. 100% 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 90
  • Accountability: 84
  • Sustainability: 3
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 65%; rating input score 65
  • Fundraising efficiency: $0.36 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -26,051.7%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 10.4%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: -30.2% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: -32.7% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 65% of spending went to programs
  • Governance: 12 of 12 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $51K in reported program spending
  • Leadership: top reported pay $8K · 14 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2014 to 2018
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 11/100.
  • High — Sustainability: Operating margin scored 1/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.