Joseph L Demarco Iii Golf Scholars

Nonprofit profile at a glance

EIN
222257977
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2018, Form 990-EZ 2024
Location
Audubon, NJ, USA
Phone
6095467597
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$46,022
Expenses
$17,566
Assets
$374,474

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • JOSEPH DEMARCO (PRESIDENT &)

People named in this filing

  • JOSEPH DEMARCO (PRESIDENT &)
  • PHILIP SCONYO (TRUSTEE)
  • DIANNE DEMARCO (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Annual golf outing to raise funds for a college scholarship awarded each year to a senior at audubon high school in memory of another audubon student that was killed in a car accident.

Operating model

Revenue model
Donor-supported. 60% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 89% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Sustainability: 79
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.6%; rating input score 68
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 61.8%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 21.32; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -5.1% per year; rating input score 0; 35th percentile among comparable filings
  • Revenue growth: 2.5% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 5.9% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 67.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $18K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2010 to 2024
  • 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 — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.