ITNCoastalCT Inc

Nonprofit profile at a glance

EIN
270205865
IRS 990-EZ coverage
2011–2015
Forms available
Form 990-EZ 2015
Location
Fairfield, CT, USA
Phone
2038582001
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$165,621
Expenses
$173,550
Assets
$35,086
Liabilities
$23,916

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Tom Green (Co-President)
  • Kate Nailor (Co-President)

People named in this filing

  • Tom Green (Co-President)
  • Kate Nailor (Co-President)
  • Joel Beckoff (Treasurer)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Itncoastalct, inc. Is a not-for-profit corporation organized on may 11, 2009 to establish a community-based regional transportation option for seniors age 60 and above and visually impaired adults in the following six communities of fairfield county, ct: easton, fairfield, norwalk, westport, weston, and wilton. Transportation is provided 24 hours a day, seven days a week. Itncoastalct, inc. Is an affiliate of itn america, employer id number 01-0504322 (http://www.itnamerica.org).

What it reported doing in 2015

Itncoastalct, inc. Is a not-for-profit corporation organized on may 11, 2009 to establish a community-based regional transportation option for seniors age 60 and above and visually impaired adults in the following six communities of fairfield county, ct: easton, fairfield, norwalk, westport, weston, and wilton. Transportation is provided 24 hours a day, seven days a week.

Operating model

Revenue model
Donor-supported. 65% 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

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: 92
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.7%; rating input score 94
  • Program expense ratio: 89.4%; rating input score 89

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -4.8%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.68; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 7.1% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 9.6% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 10.8% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 93.7% of revenue deployed · 89.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $155K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2011 to 2015
  • 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.

  • High — Sustainability: Operating margin scored 21/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.