Inner City Advocates Corp

Nonprofit profile at a glance

EIN
272178505
IRS 990 coverage
2019–2020
Forms available
Form 990 2020, Form 990-N 2018
Location
Saint Petersburg, FL, USA
Phone
7276771516
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Rehabilitation Services for Offenders

Reported finances

Revenue
$350,000
Expenses
$290,000
Assets
$60,000
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Daniel Turner (CEO)

People named in this filing

  • Daniel Turner (CEO)
  • Myon Turner (COO)
  • Ernest McDonald (CFO)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of Inner City Advocates is to provide adults, children, families and elders of the general community with quality, cost-effective, community-based services to enhance their independence, economic self-sufficiency, and emotional & physical well- being.

What it reported doing in 2020

Provide adults, children, families and elders of the general community with quality, cost-effective, community-based services to enhance their independence, economic self-sufficiency, and emotional & physical well- being.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 67% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 87
  • Accountability: 75
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.9%; rating input score 64
  • Program expense ratio: 77.1%; rating input score 77
  • Fundraising efficiency: $30 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 11th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 17th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 17.1%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.21; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: 22.5% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 29.9% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 63.3% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 63.9% of revenue deployed · 77.1% of spending went to programs
  • Governance: 2 of 3 board members independent · 6 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $224K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 40 of 42 current checks pass · 2 findings to review
  • Schedules: 3 filed schedules · includes grants
  • Filing history: 2 filing years from 2019 to 2020
  • 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.

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: Total-asset coverage ratio scored 8/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • Moderate — Transparency & Controls: Part IX CompDisqualPersons column sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX OtherSalariesAndWages column sum did not reconcile in the filed values.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.