Cps Qalicb Inc
Nonprofit profile at a glance
- EIN
- 821897411
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-EZ 2017
- Location
- Philadelphia, PA, USA
- Phone
- 2152350461
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $11,940,722
- Expenses
- $607,198
- Assets
- $9,616,675
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- ANNE WILMERDING (PRESIDENT)
People named in this filing
- GABE CANUSO (BOARD MEMBER)
- SEAN DOWLING (TREASURER)
- ANNE WILMERDING (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cps qalicb, inc. (the qalicb), a Pennsylvania corporation, was created to complete a new market tax credit (nmtc) transaction. It provides support to community partnership school.
What it reported doing in 2024
Provides facility for community partnership school.
Operating model
- Revenue model
- Other-operating. 95% of the money available for current operations came from other operating 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 16
- Transparency & Controls: 90
- Accountability: 76
- Sustainability: 97
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 2.3%; rating input score 2
- Program expense ratio: 45.9%; rating input score 46
- 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; 66th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 94.9%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 15.84; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 99; 99th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings
Growth
- Program expense growth: 45.4% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: 60.9% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: -3.5% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 2.3% of revenue deployed · 45.9% of spending went to programs
- Governance: 3 of 3 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $279K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2017 to 2024
- 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.
- High — Financial Efficiency: Mission deployment rate scored 2/100.
- Moderate — Financial Efficiency: Program expense ratio scored 46/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Asset growth scored 0/100.