Ragchew Amateur Magic Inc
Nonprofit profile at a glance
- EIN
- 262087650
- IRS 990 coverage
- 2011–2015
- Forms available
- Form 990 2015
- Location
- Nome, AK, USA
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Safety Education
Reported finances
- Revenue
- $24,702
- Expenses
- $17,490
- Assets
- $27,563
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Randy Oles (President)
- Donnell Erickson (Vice President)
People named in this filing
- Randy Oles (President)
- Donnell Erickson (Vice President)
- Ramon Gandia (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote and encourage amateur radio in Alaska generally and in Nome Alaska particular.
What it reported doing in 2015
To support the training of amateur radio operators and amateur radio equipment beneficial to amateur radio, emergency and public service communications in and around Nome, Alaska area.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 43% for direct work, and 57% for grants.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 89
- Accountability: 18
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.6%; rating input score 50
- Program expense ratio: 70%; rating input score 70
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 6th 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: 0%; rating input score 0; 9th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 29.2%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 72; 72nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 8% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 42.2% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 49.6% of revenue deployed · 70% of spending went to programs
- Governance: 0 of 25 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2011 to 2015
- 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 50/100.
- High — Accountability: Independent voting board scored 0/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.