Dare New Jersey Inc

Nonprofit profile at a glance

EIN
223067748
IRS 990 coverage
2009–2014
Forms available
Form 990 2014
Location
Cream Ridge, NJ, USA
Phone
6098606777
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alcohol, Drug and Substance Abuse, Dependency Prevention and Treatment

Official website

Reported finances

Revenue
$837,046
Expenses
$622,590
Assets
$1,107,887
Liabilities
$1,261,992

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • VICTOR AMATO (PRESIDENT)
  • ROBERT MCKENNA (PRESIDENT THRU 6/18/15)
  • ALLISON DEPALMA (2ND VICE PRESIDENT THRU 6/18/15)
  • RICHARD GANNON (3RD VICE PRESIDENT THRU 6/18/15)
  • WILLIAM M LAUFER ESQ (PRESIDENT EMERITUS THRU 6/18/15)
  • NICHOLAS DEMAURO (CHAIRMAN & CEO THRU 6/18/15)

Highest reported compensation

  • NICHOLAS DEMAURO (CHAIRMAN & CEO THRU 6/18/15): $127,054 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Drug awareness resistance education

What it reported doing in 2014

The organization provides anti-drug and anti-violence education to school children and parents. The organization provides training to police officers and educators who teach drug awareness throughout the state of New Jersey.

Operating model

Revenue model
Donor-supported. 66% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 92
  • Accountability: 69
  • Sustainability: 61
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.9%; rating input score 80
  • Program expense ratio: 82.1%; rating input score 82
  • 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 25.6%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 1.78; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 1.14; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 20.4%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: -190.9% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: -16.9% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 8.3% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 79.9% of revenue deployed · 82.1% of spending went to programs
  • Governance: 1 of 1 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $511K in reported program spending
  • Leadership: top reported pay $127K · 11 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2009 to 2014
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: 5 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.