Operation Boomerang Inc
Nonprofit profile at a glance
- EIN
- 371730381
- IRS 990-EZ coverage
- 2017–2017
- Forms available
- Form 990-EZ 2017, Form 990-N 2015
- Location
- San Diego, CA, USA
- Phone
- 6195347840
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $1,500
- Expenses
- $800
- Assets
- $1,500
- Liabilities
- $800
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- LISA E STRICKLAND (Executive Dir.)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Operation boomerang's mission is to change hiring practices adn demonstrate that midlife workers have the skills and experience to positively affect a company's bottom line.
What it reported doing in 2017
Nonprofit organization providing resources and support to the long term unemployed over the age of 45.
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
- 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.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 82
- Sustainability: 70
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.3%; rating input score 53
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 46.7%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 1.88; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.53; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 53.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $800 in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.