Coconut Grove Cares Inc

Nonprofit profile at a glance

EIN
591263934
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Coconut Grove, FL, USA
Phone
3054466216
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Neighborhood Centers

Official website

Reported finances

Revenue
$375,801
Expenses
$420,087
Assets
$310,064
Liabilities
$14,842

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • SYLVIA JORDAN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • SYLVIA JORDAN (EXECUTIVE DIRECTOR): $48,788 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Coconut grove cares, inc. Is a not-for-profit organization dedicated to building a better community for the children and families of west coconut grove. The agency provides two core programs:1. The barnyard afterschool and summer camp program2. The thriving kids and families program

What it reported doing in 2024

The educational, recreational, and culturally enriching after school and summer program provided a safe, healthy, and enriching environment for 68 children experiencing economic and domestic hardships, helping them improve academically and develop positive social skills.the after-school program (mondayfriday, 26 pm) offered homework help, tutoring, art, music, mindfulness, dance, mental health services, and social service referrals.the summer camp (monday-friday, 8 am-5:30 pm) was designed to prevent summer learning loss, focusing on literacy, science, and swimming. The program partnered with arts4learning, first serve miami, and ransom everglades school, which provided swimming lessons.the thriving kids and families program offers comprehensive mental health services for children and families in west coconut grove. It includes access to therapeutic resources and assessments, alongside initiatives aimed at improving mental health education and family engagement. The program's primary goal is to heal generational cycles of trauma, mitigate their effects on learning, and destigmatize mental health within communities of color. The program served 78 children and parents.

Operating model

Revenue model
Donor-supported. 85% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 26
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.9%; rating input score 97
  • Program expense ratio: 86.7%; rating input score 87
  • Fundraising efficiency: $67.88 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.8%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.74; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 11.6%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 0.8% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: -0.1% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: 1.2% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: 96.9% of revenue deployed · 86.7% of spending went to programs
  • Governance: 10 of 10 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $364K in reported program spending
  • Leadership: top reported pay $49K · 11 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 20/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.