Evr-qalicb Inc

Nonprofit profile at a glance

EIN
994480140
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Crescent City, CA, USA
Rating confidence
Limited
Sector
Economic Development

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • Dale Miller (CHAIRMAN EXEC DIRECTOR)
  • Richard Warner (DIRECTOR and FINANCIAL DIRECTOR)
  • Christina Jones (DIRECTOR and SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

EVR-QALICB Inc. Applicant is organized and shall at all times be operated exclusively for charitable educational or scientific purposes within the meaning of Section 501c3 of the Internal Revenue Code of 1986 as amended or the corresponding section of any future federal tax code Code and the regulations promulgated thereunder Regulations. The specific charitable and public purposes for which the Applicant is organized are to benefit and support the Elk Valley Rancheria California a federally recognized tribe of American Indians the Tribe and to lessen the burdens of government of the Tribe through job creation economic development and improvement efforts. Activities will include acquiring financing constructing reconstructing remodeling enlarging altering repairing operating managing leasing as Lessee or Lessor selling or otherwise disposing of any buildings equipment or other facilities by Tribe on or near Elk Valley Rancheria Reservation

What it reported doing in 2024

The activities of the Applicant will be funded through its participation as a qualified active low-income community business as defined under Section 45D of the Code and as a borrower in a federal NMTC transaction. The Applicant is obtaining loans from one or more community development entities CDEs to finance a portion of the costs of the Project. These activities further the Applicants tax-exempt purpose by promoting economic development job creation and improvements within the Tribe which all benefit and support and lessen the burdens of government for the Tribe. The activities of the Applicant will be overseen by the Board of Directors of the Applicant. The Applicants activities will take place on or near Elk Valley Rancheria. The Applicant will allocate all of its time to supporting and benefiting the Tribe in accordance with its exempt purpose.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

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: NotEnoughData
  • Transparency & Controls: 86
  • Accountability: 41
  • Sustainability: NotEnoughData
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 85.7%; rating input score 86; 5th 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: 40%; rating input score 40; 19th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 2 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 10 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Accountability: Independent voting board scored 40/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.