New Dynamics Corporation

Nonprofit profile at a glance

EIN
061497119
IRS 990 coverage
2010–2014
Forms available
Form 990 2014, Form 990-EZ 2014
Location
Middletown, NY, USA
Phone
8456920022
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Developmentally Disabled Centers

Official website

Reported finances

Revenue
$5,029,678
Expenses
$4,923,104
Assets
$3,033,227
Liabilities
$741,022

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

33 people listed

Executive titles in this filing

  • JAMES B DESTEFANO (PRESIDENT)
  • AMY ANDERSON-WINCHELL (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • AMY ANDERSON-WINCHELL (CHIEF EXECUTIVE OFFICER): $921,685 total reported compensation
  • JAMES B DESTEFANO (PRESIDENT): $305,351 total reported compensation
  • MAUDE A ROSADO (CHIEF FINANCIAL OFFICER): $212,523 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

New dynamics provides employment opportunities to persons with emotional, developmental and/or physical disabilities.

What it reported doing in 2014

Provided employment opportunities to persons with emotional, developmental and/or physical disabilities.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 94% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 65
  • Accountability: 91
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 82.6%; rating input score 83
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 98.4%; rating input score 98; 32nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th 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: 2.1%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.62; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 22.3%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 20.3% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 11.6% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 82.6% of spending went to programs
  • Governance: 24 of 24 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $4.1M in reported program spending
  • Leadership: top reported pay $922K · 33 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $547K reported
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes grants and executive pay
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 10 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.