Nysarc Inc Dutchess County Chapter

Nonprofit profile at a glance

EIN
146077915
IRS 990 coverage
2010–2020
Forms available
Form 990 2020
Location
Poughkeepsie, NY, USA
Phone
8456358084
Rating
81
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$20,683,367
Expenses
$20,712,326
Assets
$9,909,465
Liabilities
$6,079,606

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • CRYSTAL MCCUIN (EXECUTIVE DIRECTOR)
  • MARIE FITZMAURICE (ASSOCIATE EXECUTIVE DIRECTOR)
  • SHARON RUSSITANO (PRESIDENT)
  • LORRAINE S COSTELLO (VICE PRESIDENT)

Highest reported compensation

  • CRYSTAL MCCUIN (EXECUTIVE DIRECTOR): $535,190 total reported compensation
  • STEVEN CONSTABLE (CHIEF FINANCIAL OFFICER): $174,465 total reported compensation
  • MARIE FITZMAURICE (ASSOCIATE EXECUTIVE DIRECTOR): $128,267 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Nysarc, inc was founded in 1949 to meet a critical mission to improve the quality of life for people with intellectual and other developmental disabilities.

What it reported doing in 2020

Vocational: the agency supports people in school to work programs, community pre vocational programs and supportive employment. These programs assist people to gain employment skills as well as obtain and maintain employment. Approximately 156 people are supported in our vocational programs.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 23
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.6%; rating input score 87
  • Program expense ratio: 86.5%; rating input score 87
  • Fundraising efficiency: $1.45 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 67th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.1%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.61; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 2% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 2.5% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: 0.1% per year; rating input score 100; 14th percentile among comparable filings

Details

  • Where the money goes: 86.6% of revenue deployed · 86.5% of spending went to programs
  • Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 6 filed program accomplishments · $17.9M in reported program spending
  • Leadership: top reported pay $535K · 15 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $1.1M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 11 filing years from 2010 to 2020
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 47 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 — Financial Efficiency: Fundraising efficiency scored 2/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.
  • Review — Sustainability: Officer compensation ratio scored 53/100.