Scarc Foundation Inc
Nonprofit profile at a glance
- EIN
- 222585052
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Augusta, NJ, USA
- Phone
- 9733837442
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $970,292
- Expenses
- $964,407
- Assets
- $3,757,503
- Liabilities
- $199,601
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
35 people listed
Executive titles in this filing
- MEGAN MACMULLIN ESQ (CEO)
- CHRIS HEMMER (CEO)
Highest reported compensation
- KAREN NEWBURGH (CFO): $209,997 total reported compensation
- MEGAN MACMULLIN ESQ (CEO): $198,448 total reported compensation
- CHRIS HEMMER (CEO): $184,945 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the scarc foundation, inc. Is to raise funds that will support the services that scarc, inc. And scarc guardianship services, inc. Provides to individuals with developmental disabilities. We raise these funds so that these organizations can continue to provide a range of services and supports that promote lives of value and respect for all individuals with developmental disabilities. Their services also support the critical role of families providing and planning for the lifelong care of their loved ones with developmental disabilities.
What it reported doing in 2024
Awards for scarc guardianship services, inc. Programs - the funds that we raise for scarc guardianship services, inc. Helps this organization to serve as guardian for individuals who are without family or friends who can serve in that capacity. They also assist families in obtaining guardianship for their loved one with a disability and offer future planning and trustee services.
Operating model
- Revenue model
- Donor-supported. 90% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 75
- Accountability: 100
- Sustainability: 49
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.6%; rating input score 63
- Program expense ratio: 58.5%; rating input score 59
- Fundraising efficiency: $2.46 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.6%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 3.9; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 23.3%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 5.6% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 62.6% of revenue deployed · 58.5% of spending went to programs
- Governance: 33 of 33 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $564K in reported program spending
- Leadership: top reported pay $210K · 35 people listed · 1 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 6 filed related-organization links
- 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: Program expense ratio scored 59/100.
- High — Financial Efficiency: Fundraising efficiency scored 7/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.