Ronald Mcdonald House Charities Of

Nonprofit profile at a glance

EIN
061239203
IRS 990 coverage
2012–2012
Forms available
Form 990 2012
Location
Glastonbury, CT, USA
Phone
8606590514
Rating confidence
Limited
Sector
Patient Services - Entertainment, Recreation

Official website

Reported finances

Revenue
$617,348
Expenses
$586,327
Assets
$993,131
Liabilities
$87,752

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

20 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To create, identify and support programs that directly improve the health, education and well being of children and families in Connecticut and western Massachusetts. This is accomplished primarily through quarterly grant awards to area non-profit organizations with programs that help children reach their fullest potential, and scholarship awards to area graduating high school students entering college.

What it reported doing in 2012

Provided 10 educational grants to schools (local hero awards) to honor area teachers who help shape our children's future.

Operating model

Revenue model
Donor-supported. 89% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

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

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 93
  • Accountability: 100
  • Sustainability: 62
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 74th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 1.69; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 86; 86th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 20 of 20 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $433K in reported program spending
  • Leadership: top reported pay $0 · 20 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Money network: 3 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

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

  • Review — Sustainability: Operating margin scored 58/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.