Community Auto Finance Association Inc
Nonprofit profile at a glance
- EIN
- 274063640
- IRS 990 coverage
- 2013–2013
- Forms available
- Form 990 2013, Form 990-EZ 2011, Form 990-N 2010
- Location
- Austin, TX, USA
- Phone
- 5125604904
- Rating confidence
- Limited
- Sector
- Community Coalitions
Reported finances
- Revenue
- $8,750
- Expenses
- $129,313
- Assets
- $183,812
- Liabilities
- $69,497
Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- BOB OKELEY (PRESIDENT)
- BRADLEY SLOAN (VICE PRESIDENT)
- MIKE THOMASSON (VICE PRESIDENT)
People named in this filing
- BOB OKELEY (PRESIDENT)
- BRADLEY SLOAN (VICE PRESIDENT)
- MIKE THOMASSON (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support and represent the small, local businesses that sell and finance used vehicles to customers whose availability of credit is limited and to enhance the image of this segment of the economy.
What it reported doing in 2013
Board meetings were held throughout the year where strategies were developed for representing the buy here / pay here industry to federal regulators. The board also worked with stakeholders developing and submitting comments to federal agencies on proposed rules related to the buy here / pay here industry.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 19
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
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: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -1,377.9%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 1.42; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.38; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -90.3% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 24.9% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 11 of 11 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.