Scoped Inc

Nonprofit profile at a glance

EIN
222860153
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-N 2015
Location
Watkins Glen, NY, USA
Phone
6075354341
Rating confidence
Limited

Official website

Reported finances

Revenue
$938,117
Expenses
$859,065
Assets
$6,014,263
Liabilities
$1,762,756

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • CARL BLOWERS (VICE PRESIDENT/DIRECTOR)
  • KRISTIN VANHORN (SECRETARY/VICE PRESIDENT)
  • LESLIE CONNOLLY (PRESIDENT (PART YEAR))
  • JON BECKMAN (DIRECTOR/PRESIDENT)
  • JUDY MCKINNEY CHERRY (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JUDY MCKINNEY CHERRY (EXECUTIVE DIRECTOR): $148,500 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 schuyler county partnership for economic development's mission is to leverage its collaboration with public and private partners to foster a vibrant and diverse rural economy and workforce focused on building high value-added production businesses and innovation hubs while taking advantage of schuyler county's natural and cultural environment to create a prosperous community and raise the standard of living for our residents.

What it reported doing in 2024

Assisted in new business development and assisted in job retention provided 4 loans for existing and start-up businesses valued at $150,000; provided program administration for the schuyler county arpa facade program leading to a private investment total of $2,258,061 for a public investment of $318,746 resulting in a 708 to 1 return on investment of public funds. Completed the three final dri projects of the total 18 administered by scoped over the 4 years. The leverage of private funds by the state dri funds was $6.66 to $1. The dri program which scoped was intimately engaged in from start to finish stimulated over $58.2 million in private investment resulting in a 14.4 to 1 roi for the public investment. Completed the investment and construction fit-out of the co-working space for the flx community development corporation. Assisted craft beverage businesses with the attraction of state grant funding leading to a total of $1,557,000 of investment in the county. Submitted 6 proposals for prospects looking for manufacturing sites and is one of two sites submitted to site selectors guild from New York which places the schuyler county in a prominent place national. Attracted a new tenant to the business park who will begin production in 2025. Scoped started the newcomers & neighbors "anchoring" meetups to help new residents meet new families so they feel connected to the community. Scoped also updated its website to include a recognized best practice for small business & entrepreneurial assistance with the schuyprenuer program and toolkit.

Operating model

Revenue model
Other-operating. 86% of the money available for current operations came from other operating revenue.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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: 95
  • Sustainability: 59
  • 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; 63rd 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; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 8.4%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 7; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 17.3%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 6.8% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: 3% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 17 of 17 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $148K · 21 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • Review — Sustainability: Operating margin scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.