Rural Alliance Zone 32 Inc
Nonprofit profile at a glance
- EIN
- 993568167
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- New Castle, IN, USA
- Phone
- 7657482241
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $300,530
- Expenses
- $169,522
- Assets
- $131,008
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- NEAL ADAMS (PRESIDENT)
People named in this filing
- NEAL ADAMS (PRESIDENT)
- ROLLAND ABRAHAM (TREASURER)
- ADRIAN MOULTON (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to create sustainable, meaningful career pathways for high school students in randolph county by developing collaborative partnerships between schools, postsecondary education, businesses, and community stakeholders leading to higher graduation rates, increased industry certification, enrollments in postsecondary education/training, and placement into good and promising jobs resulting in success in school, career, and work.
What it reported doing in 2024
Our mission is to create sustainable, meaningful career pathways for high school students in randolph county by developing collaborative partnerships between schools, postsecondary education, businesses, and community stakeholders leading to higher graduation rates, increased industry certification, enrollments in postsecondary education/training, and placement into good and promising jobs resulting in success in school, career, and work. These school corporations pay us an administrative fee for handling such work.
Operating model
- Revenue model
- Grant-funded. 81% of the money available for current operations came from government grants.
- 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.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 69
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 56.4%; rating input score 56
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- 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: 43.6%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 0.77; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 56.4% of revenue deployed · 100% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $170K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 56/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.