Children's Aid Foundation
Nonprofit profile at a glance
- EIN
- 980050753
- IRS 990 coverage
- 2013–2014
- Forms available
- Form 990 2014
- Location
- Toronto, Ontario, CA
- Phone
- 4169230924
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $12,141,052
- Expenses
- $9,938,557
- Assets
- $42,040,428
- Liabilities
- $1,217,493
Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- VALERIE MCMURTRY (PRESIDENT & CEO)
Highest reported compensation
- VALERIE MCMURTRY (PRESIDENT & CEO): $231,328 total reported compensation
- LS CARTER (EMPLOYEE): $135,304 total reported compensation
- ENZA DIBENEDETTO (DIRECTOR OF FINANCE): $91,611 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The children's aid foundation improves the lives of children by working to eliminate child abuse and neglect. It increases public awareness and raises funds for abuse prevention programs and research oriented child welfare programs not funded by the government. The foundation provides grants to the children's aid society of toronto and to other community groups working towards this goal
What it reported doing in 2014
See annual report
Operating model
- Revenue model
- Donor-supported. 85% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 85% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 64
- Accountability: 91
- Sustainability: 79
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.7%; rating input score 80
- Program expense ratio: 78.7%; rating input score 79
- Fundraising efficiency: $8.82 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 13th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Missing
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 99.4%; rating input score 99; 34th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 69th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18.1%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 4.23; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 92; 92nd percentile among comparable filings
- Officer compensation ratio: 7.4%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: -4.7% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: -26.1% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -3.5% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 79.7% of revenue deployed · 78.7% of spending went to programs
- Governance: 18 of 18 board members independent · 7 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $7.8M in reported program spending
- Leadership: top reported pay $231K · 25 people listed · 2 of 6 pay-setting controls reported
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 2 filing years from 2013 to 2014
- Contacts: How to reach this organization
- Money network: 7 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.
- High — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.