Cupid Charities
Nonprofit profile at a glance
- EIN
- 453672776
- IRS 990 coverage
- 2012–2021
- Forms available
- Form 990 2021, Form 990-EZ 2011
- Location
- Denver, CO, USA
- Phone
- 7038284899
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $24,111
- Expenses
- $330,876
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- AMY BOULAS (CEO)
Highest reported compensation
- AMY BOULAS (CEO): $109,623 total reported compensation
- JAMIE BALHON (CHIEF DEVELOPMENT OFFICER): $73,054 total reported compensation
- RACHEL ANDERSON (CHIEF OPERATIONS OFFICER): $65,364 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cupid charities' (d/b/a cupid's charity) mission is to accelerate the discovery of a cure for neurofibromatosis (nf) by inspiring a loyal community of supporters to do good year-round through boundary-pushing experiences.
What it reported doing in 2021
Cupid's undie run, the signature event of cupid charities (d/b/a cupid's charity) holds races to support neurofibromatosis research. Returned to an in-person event after going virtual in 2020 due to covid.
Operating model
- Revenue model
- Donor-supported. 100% 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. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 90
- Accountability: 82
- Sustainability: 4
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 77.2%; rating input score 77
- Fundraising efficiency: $1.68 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings
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: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -1,272.3%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 75%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -12.1% per year; rating input score 0; 33rd percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 9.2% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 77.2% of spending went to programs
- Governance: 9 of 9 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $255K in reported program spending
- Leadership: top reported pay $110K · 11 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2012 to 2021
- Contacts: How to reach this organization
- Money network: 3 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.
- High — Financial Efficiency: Fundraising efficiency scored 19/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 4/100.