Planned Parenthood of Central North Carolina Inc

Nonprofit profile at a glance

EIN
581484820
IRS 990 coverage
2012–2014
Forms available
Form 990 2014
Location
Raleigh, NC, USA
Phone
9199295402
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Family Planning Centers

Official website

Reported finances

Revenue
$3,093,204
Expenses
$2,750,362
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • JANET COLM (CEO)

Highest reported compensation

  • JANET COLM (CEO): $146,119 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of planned parenthood is to provide comprehensive reproductive health care services and ensure access to those services; to provide education programs which enhance the understanding of human sexuality; and to promote research in reproductive health care.

What it reported doing in 2014

Health services: the health center team ensures access to comprehensive reproductive health care by providing services in settings which preserve and protect an individual's right to privacy, dignity and choice. Services include: - birth control consultation and supplies - gynecological exams and pap tests - in-clinic abortion and abortion pill - emergency contraception - pregnancy testing and options information - testing and treatment for sexually transmitted infections - permanent birth control -no-scalpel vasectomy and essure - rapid HIV testing

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - 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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 39
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.7%; rating input score 72
  • Program expense ratio: 80.4%; rating input score 80
  • Fundraising efficiency: $9.06 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings

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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 11.1%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 5.3%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: -68.7% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -20.4% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -64.5% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 71.7% of revenue deployed · 80.4% of spending went to programs
  • Governance: 18 of 18 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $2.2M in reported program spending
  • Leadership: top reported pay $146K · 19 people listed
  • Highest-paid contractors: 2 contractors listed · $331K reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 9 filed schedules · includes major donors
  • Filing history: 3 filing years from 2012 to 2014
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Key Signals

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

  • Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.