Owl Inc

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

3 people listed

ALBERT BOND (SECRETARY/TREASURER): $197,728 total reported compensation
DONALD J BRUSSEL JR (ASSISTANT EXEC SEC TREAS): $167,920 total reported compensation
LARRY DERRINGER (PRESIDENT/CHAIRMAN): $4,300 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

There was no activity during the fiscal year ended june 30, 2017.

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 available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 92.3%; rating input score 92; 21st 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: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 0%; rating input score 0; 9th 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

Program expense growth: -51.4% per year; rating input score 0; 11th percentile among comparable filings
Revenue growth: 6.8% per year; rating input score 100; 79th percentile among comparable filings
Asset growth: -19.9% per year; rating input score 0; 11th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 0 of 3 board members independent · 6 of 9 filing controls reported
Programs: Filed program service accomplishments
Leadership: top reported pay $198K · 3 people listed · 0 of 6 pay-setting controls reported
Consistency: 9 of 10 current checks pass · 1 finding to review
Schedules: 4 filed schedules · includes executive pay
Filing history: 7 filing years from 2010 to 2016
Contacts: How to reach this organization
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.

Signals prioritize questions for review. They are not findings of misconduct.

High — Accountability: Independent voting board scored 0/100.
High — Transparency & Controls: Pay-setting controls scored 0/100.
Review — Accountability: Governance controls: 2 of 8 not reported.
High — Growth: Program expense growth scored 0/100.
Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
High — Growth: Asset growth scored 0/100.