North Salinas Valley Fund

Nonprofit profile at a glance

EIN
264706781
IRS 990-EZ coverage
2012–2012
Forms available
Form 990 2011, Form 990-EZ 2012
Location
Monterey, CA, USA
Phone
8317229063
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Natural Resources Conservation and Protection

Reported finances

Revenue
$567
Expenses
$397,765
Assets
$143,612

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

7 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We ensure that the needs and concerns of the entire North Salinas Community, not just those of politically connected, well financed, private developers are reflected in the areas plans for strategic growth and development; and to ensure implemention of those plans.

What it reported doing in 2012

We continue to monitor the Monterey County General Plan update process.Our primary activities included monitoring and preserving our negotiated revisions to General Plan policies, especially those related to Butterfly Village development and other policies protecting responsible growth in the North Salinas valley. The 2010 Monterey County General Plan was adopted in December 2010 with the provisions we negotiated in place. The implementing ordinances for the General Plan are projected to require at least 2 more years to develop. We will continue to be involved in the implementation process, advocating ordinances that consistently implement the policies we negotiated. We will also continue to monitor the status of the Butterfly Village development to ensure that when permits are issued, HYH Corporation has fully complied with the terms of our settlement agreement.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Hybrid. The nonprofit split its reported program spending across 50% for direct work, and 50% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.3%; rating input score 99

Transparency & Controls

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

Sustainability

  • Operating margin: -70,052.6%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0.36; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -79% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -51.8% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $395K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Money network: 6 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.