Rutland Industries Inc

Nonprofit profile at a glance

EIN
030291612
IRS 990-EZ coverage
2010–2010
Forms available
Form 990-EZ 2010
Location
Rutland, VT, USA
Phone
8027757638
Rating
84
Verdict
STRONG
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$180,146
Expenses
$243,440
Assets
$209,876

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

8 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To engage in activities, programs and operations exclusively for the education, training and development of persons with special educational needs, such as, but not limited to, the mentally retarded, mentally ill and physically handicapped, for work or work-related purposes. Although the focus of such education, training and development shall be for work or work-related purposes, it may include such additional or incidental purposes as shall be helpful to the primary objective of education and training of the handicapped toward normalization.No part of the net earnings of the Corporation shall inure to the benefit of any private member, trustee, individual or other person having a personal or private interest in the activities of the organization; but this shall not prohibit payment of or commitment for reasonable compensation, presently or by deferral, for services rendered.No substantial part of the activities of the Corporation shall be for carrying on propaganda or otherwise attemp

What it reported doing in 2010

The organization served 51 industries in 2010.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 20
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -35.1%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.86; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

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

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $243K in reported program spending
  • Leadership: top reported pay $31K · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Money network: 1 filed money-flow record
  • 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.

  • High — Sustainability: Operating margin scored 4/100.