Orlando Regional Realtor Foundation
Nonprofit profile at a glance
- EIN
- 201544138
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2014, Form 990-N 2009
- Location
- Orlando, FL, USA
- Phone
- 4075137554
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $267,125
- Expenses
- $252,897
- Assets
- $607,882
- Liabilities
- $90,833
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- CLIFFORD LONG (CEO)
Highest reported compensation
- CLIFFORD LONG (CEO): $635,090 total reported compensation
- AMANDA ORNELAS (COO): $281,397 total reported compensation
- SUSAN PLASENCIA (EXECUTIVE DI): $66,996 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To address central Florida's need for affordable, workforce housing, to enhance the quality of life with Florida communities, and to improve the professional and educational standards of the real estate professional.
What it reported doing in 2024
Orrf conducted a variety of community outreach activities in its work to improve housing instability and food insecurity. These activities include helping residents avoid eviction or foreclosure, supporting local safety net programs for food and housing, and educating realtors on affordability options that may put more people on the path to homeownership.
Operating model
- Revenue model
- Earned-program. 69% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 40% for direct work, and 60% for grants.
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 a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 66
- Accountability: 86
- Sustainability: 46
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 53.1%; rating input score 53
- Fundraising efficiency: $3.17 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 27th 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: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.3%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 2.4; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 44.8%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: -3.7% per year; rating input score 0; 20th percentile among comparable filings
- Revenue growth: 1% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: -2.5% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 53.1% of spending went to programs
- Governance: 8 of 8 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $134K in reported program spending
- Leadership: top reported pay $635K · 12 people listed · 0 of 6 pay-setting controls reported
- Consistency: 27 of 28 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 2 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 — Financial Efficiency: Program expense ratio scored 53/100.
- High — Financial Efficiency: Fundraising efficiency scored 14/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 51/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 22/100.