Easterseals of Northeast Central Florida Inc
Nonprofit profile at a glance
- EIN
- 590722785
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Daytona Beach, FL, USA
- Phone
- 3869447804
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Rehabilitative Medical Services
Reported finances
- Revenue
- $13,570,342
- Expenses
- $19,749,367
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- BEVERLY JOHNSON (PRESIDENT AND CEO)
Highest reported compensation
- BEVERLY JOHNSON (PRESIDENT AND CEO): $135,983 total reported compensation
- MELISSA CHESLEY (VP AND CFO): $88,795 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Easterseals is changing the way the world defines and views disability whether physical, intellectual, emotional or social, by making profound, positive difference in people's lives everyday.
What it reported doing in 2024
Professional education and training -expenses associated with activities or programs designed to improve the knowledge, skills and professional judgement of physicians, nurses, therapists and others engaged in health work by keeping them abreast of new medical advancements, techniques, etc.also includes costs incurred while endeavoring to enlarge the number and quality of health care professionals.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 76% for direct work, 24% for grants, and 0% for affiliated organizations.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - 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: 95
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 11
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93.7%; rating input score 94
- Fundraising efficiency: $39.45 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings
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: 99.9%; rating input score 100; 39th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -45.5%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 1.1%; rating input score 84; 84th percentile among comparable filings
Growth
- Program expense growth: 10.6% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 8.9% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 30th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93.7% of spending went to programs
- Governance: 21 of 21 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $18.5M in reported program spending
- Leadership: top reported pay $136K · 23 people listed
- Highest-paid contractors: 5 contractors listed · $1.4M reported
- Consistency: 39 of 39 current checks pass
- Schedules: 9 filed schedules · includes major donors and grants
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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 2/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.