Kansas Assistive Technology Cooperative

Nonprofit profile at a glance

EIN
481215678
IRS 990 coverage
2011–2015
Forms available
Form 990 2015
Location
Wichita, KS, USA
Phone
8664652826
Rating confidence
Limited
Sector
Centers to Support the Independence of Specific Populations

Official website

Reported finances

Revenue
$0
Expenses
$128,743
Assets
$0
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • ROB TABOR (PRESIDENT)

People named in this filing

  • ROB TABOR (PRESIDENT)
  • DAVID CALVERT (VICE PRESIDE)
  • JILL ENYART (SECRETARY/TR)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Katco seeks to advance the personal and economic independence of kansans with disabilities and their families by providing access to financing of assistive technology equipment and services along with specialized financial products.

What it reported doing in 2015

To provide financial products to kansans with disabilities and those with critical health needs in ways that help potential borrowers acquire specialty equipment as cost effectively as possible. This empowers individuals and their families in their quest to achieve independence and self-reliance through assistive technology and economic power. The cooperative is designed to improve access to assistive technology by providing loans, rent-to-own, and other financial arrangements that allow individuals with disabilities or family members of persons with disabilities, on their behalf, to have increased access to assistive technology equipment and devices.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 93
  • Accountability: 88
  • Sustainability: 8
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 97.2%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: 5.6% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: -47.6% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: -68.1% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 97.2% of spending went to programs
  • Governance: 5 of 5 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $125K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 5 filing years from 2011 to 2015
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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: Total-asset coverage ratio scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.