Connecticut League for Nursing Inc
Nonprofit profile at a glance
- EIN
- 060760307
- IRS 990 coverage
- 2014–2021
- Forms available
- Form 990 2021
- Location
- North Haven, CT, USA
- Phone
- 2036915013
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Nursing Services (General)
Reported finances
- Revenue
- $326,750
- Expenses
- $374,461
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- LISA REBESCHI (PRESIDENT)
- MARCIA PROTO (EXECUTIVE DIRECTOR)
- DAWN BUNTING (PRESIDENT-ELECT)
Highest reported compensation
- MARCIA PROTO (EXECUTIVE DIRECTOR): $161,481 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote excellence in nursing education to build a strong and diverse nursing workforce at the constituent level.
What it reported doing in 2021
Cln's 100% online rn refresher course serves nurses throughout the country who wish to re-enter the nursing workforce. This faculty-led four module 17-week course incorporates the use of two virtual hospital experiences thereby eliminating the on-the-ground clinical module complimented by two modules of didactic education. Boards of nursing throughout the country promote our program to their registered nurses seeking to return to work. Cln's 100% online clinical faculty course serves nurses throughout the country who wish to prepare themselves for the role of part time clinical faculty. This faculty-led six module 3-week course was based on national studies that reveal that the acute shortage of full-time nursing faculty hinders the expansion of enrollments which are essential to being able to address the severe nursing shortage. This clinical faculty course helps schools increase student capacity of their programs to positively impact the proposed nursing shortage, as well as, acts as a pipeline to develop full-time nursing faculty.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- 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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 71
- Accountability: 90
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84%; rating input score 84
- Program expense ratio: 73.3%; rating input score 73
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- 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; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -14.6%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 37.9%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: -0% per year; rating input score 0; 42nd percentile among comparable filings
- Revenue growth: -2.8% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: -5.8% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 84% of revenue deployed · 73.3% of spending went to programs
- Governance: 11 of 11 board members independent · 6 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $274K in reported program spending
- Leadership: top reported pay $161K · 12 people listed · 2 of 6 pay-setting controls reported
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 8 filing years from 2014 to 2021
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Sustainability: Operating margin scored 14/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 8/100.