Macdonald Training Center Properties Inc
Nonprofit profile at a glance
- EIN
- 593010534
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Tampa, FL, USA
- Phone
- 8138701300
- Rating confidence
- Limited
Reported finances
- Revenue
- $137,673
- Expenses
- $386,248
- Assets
- $2,144,352
- Liabilities
- $634,072
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- KARENNE LEVY (PRESIDENT & CEO)
Highest reported compensation
- KARENNE LEVY (PRESIDENT & CEO): $167,516 total reported compensation
- JUDITH DESTASIO (CFO): $139,455 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's exclusive purpose is holding title to real and personal property, collecting income, and turning over the entire amount less expenses to macdonald training center, inc., a related entity exempt from taxation under IRS code section 501(c)(3).
What it reported doing in 2024
The organization's exclusive purpose is holding title to real and personal property, collecting income, and turning over the entire amount less expenses to macdonald training center, inc., a related entity exempt from taxation under IRS code section 501(c)(3).macdonald training center empowers people with disabilities to lead the lives they choose through the provision of innovative, high quality, vocational and life enrichment day services, supported living services, and employment services designed to shatter traditional societal barriers.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
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: NotEnoughData
- Transparency & Controls: 88
- Accountability: 91
- Sustainability: 31
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -180.6%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 5.55; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0.2%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -1.7% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: -5.2% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 6 of 6 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $386K in reported program spending
- Leadership: top reported pay $168K · 8 people listed · 5 of 6 pay-setting controls reported
- Consistency: 13 of 13 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: 3 filed related-organization links
- 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: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 1/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.