Council for Resource Development

Nonprofit profile at a glance

EIN
521735975
IRS 990 coverage
2013–2013
Forms available
Form 990 2013
Location
Silver Spring, MD, USA
Phone
2028220750
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$894,240
Expenses
$969,552
Assets
$777,355
Liabilities
$490,421

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • O MORTON CONGLETON (PRESIDENT)
  • SHELLY CONNER (PRESIDENT-ELECT)
  • JOHN RAINONE (IMMIDATE PAST PRESIDENT)
  • MARY BINNS (EXECUTIVE DIRECTOR THRU 10/13)
  • WILLIAM SCOTT (EXECUTIVE DIRECTOR FROM 10/13)

Highest reported compensation

  • MARY BINNS (EXECUTIVE DIRECTOR THRU 10/13): $86,079 total reported compensation
  • WILLIAM SCOTT (EXECUTIVE DIRECTOR FROM 10/13): $21,739 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Crd connects, educates, supports, strengthens and celebrates community college development professionals.

What it reported doing in 2013

Programming and publications offered by crd provide professional development activities for the crd members who are community college development officers across the country. Examples of crd's 2013 programs include an annual national conference and regional conferences with sessions and workshops that provide training on resource development and institutional effectiveness. The national conference was held in Washington, dc for four days with 500 attendees.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 25
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.9%; rating input score 83
  • Program expense ratio: 75.4%; rating input score 75
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 8 of 8 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -8.4%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.63; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 11.1%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 82.9% of revenue deployed · 75.4% of spending went to programs
  • Governance: 15 of 15 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $731K in reported program spending
  • Leadership: top reported pay $86K · 18 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 2 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.

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 — Sustainability: Operating margin scored 16/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.