Scotch Plains Business Improvement
Nonprofit profile at a glance
- EIN
- 383796917
- IRS 990-EZ coverage
- 2010–2011
- Forms available
- Form 990-EZ 2011
- Location
- Scotch Plains, NJ, USA
- Phone
- 9736731937
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $75,586
- Expenses
- $76,352
- Assets
- $132,520
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
6 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The district management corporation was created to assist the township in promoting economic growth and general welfare, by providing services to benefit businesses, employees, and consumers in the district, by instituting self-help programs to enhance the local business climate. Also by providing a safer and cleaner environment within the business improvement district, it will attract new businesses.
What it reported doing in 2011
The organizaiton sponsors various local events and makes donations for holiday celebrations. A new cable tv spot was started to inform the township residents of the activities of the business improvement district.a monthly newsletter was mailed to the district businesses and other residents. A web site was implemented so that residents can be made aware of the dates of future activities and see photos of events that are posted on line.a magazine was published with articles on the projects to be sponsored by the organization.businesses can cooperate in various efforts to publicize the district's activities.
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
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 1
- Transparency & Controls: 82
- Sustainability: 39
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 2%; rating input score 2
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 1.74; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: -31.2% per year; rating input score 0; 23rd percentile among comparable filings
- Asset growth: 4.5% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 2% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2010 to 2011
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.