Scott Foundation

Nonprofit profile at a glance

EIN
470980880
IRS 990 coverage
2017–2021
Forms available
Form 990 2021, Form 990-EZ 2016, Form 990-N 2014
Location
Cave Creek, AZ, USA
Phone
4806889800
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$1,843,068
Expenses
$2,251,689
Assets
$200,555
Liabilities
$571,935

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Colleen Walski (President/CEO)

Highest reported compensation

  • Colleen Walski (President/CEO): $78,462 total reported compensation
  • Suzanne Lanctot (Secretary): $15,080 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Children social awarness programs that disrupt the social norm to spark the potential greatness for kids in the community. With focus on developing inner wealth, we believe in making the world more peaceful and loving.

What it reported doing in 2021

Scott Foundation disrupts the social norm to spark the potential greatness in AZ foster youth We focus on 13-17 year old's and young adults 18-25. The Class of 2020 Thought & Service Leader's graduated from our Signature Masterclass 4 Year Program. 100% graduate from HS, 82% decrease in case incident reports, 80% reduction in drug use, 90% reduction in self-harm with 97% program attendance with 450 average volunteer hours per youth. The Halle Fondation and Kiwanis Club grants facilitated expansion of program services to AZ Foster kids. The organization built an Outdoor Education Center that allows the organization to serve an additional 250 foster children. We provided a Virtual Culinary Program during COVID reaching 2400 foster children. Added to staff Farmer Billy which allowed us to expanded the Farm & Agriculture and Animal Welfare program. Scotts Foundation, by community vote, was recognized as the 2020 Best of Cave Creek Award for Charitable Organization & Foundation.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 81
  • Accountability: 72
  • Sustainability: 11
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.3%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 85.7%; rating input score 86; 2nd 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: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -22.2%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 2.85; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 4.2%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 59.8% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 43.3% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 15.7% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.3% of spending went to programs
  • Governance: 8 of 8 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.2M in reported program spending
  • Leadership: top reported pay $78K · 7 people listed
  • Consistency: 27 of 29 current checks pass · 2 findings to review
  • Schedules: 7 filed schedules · includes major donors
  • Filing history: 5 filing years from 2017 to 2021
  • Contacts: How to reach this organization
  • Money network: 7 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.