Okaloosa Walton Child Care Services Inc
Nonprofit profile at a glance
- EIN
- 591434341
- IRS 990 coverage
- 2010–2015
- Forms available
- Form 990 2015
- Location
- Fort Walton Beach, FL, USA
- Phone
- 8508339330
- Rating confidence
- Limited
- Sector
- Child Day Care
Reported finances
- Revenue
- $0
- Expenses
- $25,348
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Carol L Stephens (Chief Executive Officer)
Highest reported compensation
- JANNA CARROLL (Director of Finance): $12,688 total reported compensation
- Carol L Stephens (Chief Executive Officer): $2,814 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote leadership for the development of a quality child care system that ensures the well-being of chidren and their families.
What it reported doing in 2015
As of 10.31.15 the Organization has dissolved. There were no major programs.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
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: 0
- Transparency & Controls: 90
- Accountability: 86
- Sustainability: 1
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 0%; rating input score 0
- 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: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- 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: Fail
- 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: 61.2%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: -100.1% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -25.6% per year; rating input score 0; 23rd percentile among comparable filings
- Asset growth: -33.4% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 0% of spending went to programs
- Governance: 7 of 7 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $13K · 9 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2010 to 2015
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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: Program expense ratio scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Growth: Asset growth scored 0/100.