Friends of Chesapeake Gateways Inc
Nonprofit profile at a glance
- EIN
- 203998966
- IRS 990-EZ coverage
- 2010–2011
- Forms available
- Form 990-EZ 2011, Form 990-N 2008
- Location
- Easton, MD, USA
- Phone
- 2023330737
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $50,740
- Expenses
- $75,662
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
5 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Conservation of the Chesapeake Bay and its cultures through support for the Chesapeake Bay Gateways and WaterTrails Network, Chesapeake Bay Program Office of the National Park Service.
What it reported doing in 2011
Friends of Chesapeake Gateways provided support to the Chesapeake Bay Gateways and Watertrails Network, including training, technical assistance, marketing and other support. Friends has supported efforts of the National Park Service across the Chesapeake Watershed. At the end of 2011 Friends filed for dissolution and donated its assets to the Chesapeake Conservancy, whose mission was the same as Friends' mission.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 100
- Sustainability: 6
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.7%; rating input score 69
- Program expense ratio: 46.1%; rating input score 46
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: -49.1%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: -87.7% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -40.3% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -200% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 68.7% of revenue deployed · 46.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $35K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2010 to 2011
- 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 — Financial Efficiency: Program expense ratio scored 46/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 12/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.