Forty Carrots of Sarasota Inc
Nonprofit profile at a glance
- EIN
- 650405988
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Sarasota, FL, USA
- Phone
- 9413657716
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Standard
Reported finances
- Revenue
- $5,487,451
- Expenses
- $4,558,142
- Assets
- $14,144,413
- Liabilities
- $456,932
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- MICHELLE KAPREILIAN (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- MICHELLE KAPREILIAN (CHIEF EXECUTIVE OFFICER): $204,825 total reported compensation
- DIANE O'DRISCOLL (CHIEF FINANCIAL OFFICER): $150,409 total reported compensation
- CARLA FIGUEIREDO JOHANNS (CHIEF PROGRAM OFFICER): $123,419 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Forty carrots family center's mission is to nurture healthy child and family development through research-based, relationship-centered education and mental health services.
What it reported doing in 2024
Parenting education program forty carrots believes that all families should have access to parenting education, a prevention measure linked by research to reduce the abuse and neglect of children. The parenting education program works throuhgout the community striving to reach as many families from all walks of life as possible. Through partnership with other community organizations, forty carrots provides parenting education to our community's most at-risk families, inclduing teen parents, court-ordered families in crisis, pregnant women recovering from substance use disorder, and homeless families. These are just some of the vulnerable clients who received essential information, skills, and support weekly through this vital program. The program consistently achieves 100% of its outcome goals. 97% of clients in the program receive services at no cost.
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. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 74
- Accountability: 95
- Sustainability: 68
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.6%; rating input score 70
- Program expense ratio: 82.6%; rating input score 83
- Fundraising efficiency: $7.44 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- 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; 63rd 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: 16.9%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 3.1; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 10.5%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 9.7% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 12.7% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 13.1% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 69.6% of revenue deployed · 82.6% of spending went to programs
- Governance: 19 of 19 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $3.8M in reported program spending
- Leadership: top reported pay $205K · 24 people listed · 1 of 6 pay-setting controls reported
- Consistency: 33 of 33 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 — Financial Efficiency: Fundraising efficiency scored 28/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 28/100.