Enterprise Consortium of the Gulf Coast

Nonprofit profile at a glance

EIN
731668944
IRS 990-EZ coverage
2011–2011
Forms available
Form 990 2010, Form 990-EZ 2011
Location
Lafayette, LA, USA
Phone
3378867782
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Economic Development

Official website

Reported finances

Revenue
$128,654
Expenses
$175,222
Assets
$12,144

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

4 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Small Business Assistance and Development

What it reported doing in 2011

Enterprise Consortium of the Gulf Coast (ECGC) staff, who are all trained in all areas of business, provide assistance to small and emerging business in the form of technical assistance and specialized training, which will help them build assets, increase revenue, and provide opportunities for area job seekers. ECGC will solicit participants from throughout the service area, through its contacts with Chambers of Commerce, Universities, and Vocational and Technical Colleges. Participants will also be found through local advertisements in the media, including newspapers, radio and television. During the past fiscal year, 106 individuals were provided training covering different areas of business and technical assistance was provided to 114 small business clients.

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
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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Sustainability: 4
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.9%; rating input score 99
  • Program expense ratio: 72.6%; rating input score 73

Transparency & Controls

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

Sustainability

  • Operating margin: -36.2%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -45.7% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -126% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 98.9% of revenue deployed · 72.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $127K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 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.

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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.