Ronald Mcdonald House of Connecticut Inc

Nonprofit profile at a glance

EIN
061063758
IRS 990 coverage
2011–2012
Forms available
Form 990 2012
Location
New Haven, CT, USA
Phone
2037775683
Rating confidence
Limited
Sector
Patient Services - Entertainment, Recreation

Official website

Reported finances

Revenue
$2,223,648
Expenses
$725,551
Assets
$5,626,573
Liabilities
$29,493

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

Leadership & pay

17 people listed

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

Overview

Mission

The ronald mcdonald house of Connecticut is a "home away from home" housing children and their families who are being treated at nearby hospitals and healthcare facilities. The house is the critical link that brings together specialized medical treatment and the children who desperately need it. By providing housing for their families, rmh makes it possible for children from around the state, the country and the globe to access specialized and life-saving treatment not available in their local communities. Without our "home away from home" the treatments would not be possible. Children and their families live at rmh for weeks, months, or even longer, if necessary. Families who are able contribute $15.00 per night to rmh. To cover the actual cost of caring for a family of over $125 per night, rmh relies on the generosity of individual, corporate and foundation donors to remain open 24 hours a day, 365 days a year.

What it reported doing in 2012

To maintain and operate the house's facilities in order to provide temporary housing for parents and siblings of seriously ill or injured children staying in area medical facilities

Operating model

Revenue model
Donor-supported. 70% 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: 92
  • Accountability: 100
  • Sustainability: 93
  • Growth: 60

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: 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 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: 67.4%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 7.75; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 93; 93rd percentile among comparable filings
  • Officer compensation ratio: 0.9%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 135.8% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 98.7% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 18 of 18 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $568K in reported program spending
  • Leadership: top reported pay $7K · 17 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 2 filing years from 2011 to 2012
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.