Friends of the Lower Cape Fear Inc

Nonprofit profile at a glance

EIN
263047810
IRS 990-EZ coverage
2010–2010
Forms available
Form 990-EZ 2010
Location
Wilmington, NC, USA
Phone
8008525593
Rating
83
Verdict
STRONG
Rating confidence
Limited
Sector
Alliance/Advocacy Organizations

Reported finances

Revenue
$15,767
Expenses
$23,792
Assets
$2,977

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

8 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To increase public awareness of the need to protect the air, water, aquifers and public health of local Lower Cape Fear region of North Carolina and to help create a thriving, healthy and sustainable economy that exists in harmony with the rich natural heritage and abundant coastal resources of the region.

What it reported doing in 2010

The organization's primary activity in 2010 was a program known as "Stop Titan" (see stoptitan.org). This campaign aims at protecting the air and water of the local region (and in so doing protecting children's health) by stopping a proposed cement plant from locating to the Lower Cape Fear area.The program successfully educated the local public about the problems surrounding the plans for the cement plant. In early 2011, the board of directors voted to dissolve FLCF since the functions of FLCF are now being performed by a wider coalition of nonprofit groups (Stop Titan Action Network). After paying final accounting and other administrative costs, the organization transferred its fund balance to the NC Coastal Federation, a 501(c)(3) nonprofit organization with a similar mission, registered with the NC Secretary of State's Charitable Solicitation Licensing Division.

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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 9
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.7%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -50.9%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 11; 11th percentile among comparable filings
  • 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: 100% of revenue deployed · 97.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $23K in reported program spending
  • Leadership: top reported pay $0 · 8 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 — Sustainability: Operating margin scored 12/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.