El Dorado Charitable Foundation

Nonprofit profile at a glance

EIN
383762619
IRS 990-EZ coverage
2012–2012
Forms available
Form 990 2011, Form 990-EZ 2012, Form 990-N 2010
Location
Sun City, AZ, USA
Phone
6239723000
Rating confidence
Limited
Sector
Supportive Housing for Older Adults

Official website

Reported finances

Revenue
$-25,487
Expenses
$19,380
Assets
$153,460

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

10 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To benefit all resident owners of el dorado of sun city condominiums, for projects outside of their operating budget, related to health, wellness, safety and education.

What it reported doing in 2012

Program: tuition reimbursement programthe foundation provides for monetary reimbursement for the employees of the el dorado of sun city condominiums hoa who wish to further their education by attending classes from an accredited institution or seminars which offer continuing education credits. Any full or part time employee, with a tenure of one year is eligible to receive up to $1,000 per two semesters per calendar year. During 2012, five tuition grants totaling $2,478 were given to four employees.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Hybrid. The nonprofit split its reported program spending across 60% for direct work, and 40% for grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 34
  • Transparency & Controls: 82
  • Sustainability: 29
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 91%; rating input score 91

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -176%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 7.92; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -257.8% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -25.5% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 91% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $18K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Asset growth scored 0/100.