Senior Collaborative of Indian River County Inc

Nonprofit profile at a glance

EIN
831714542
IRS 990-EZ coverage
2017–2023
Forms available
Form 990-EZ 2023
Location
Vero Beach, FL, USA
Phone
7724692270
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$100,938
Expenses
$170,215
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • VICKI SOULE (CHAIRPERSON)
  • MEREDITH EGAN (VICE CHAIRPERSON)
  • ABBY WALTERS (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve the quality of life of all indian river county seniors through a community collaboration and alliance of service providers, funders, and advocates. The collaborative improves the quality of life of the aging and also assists tehir caregivers and families in making informed decisions about services available in indian river county. By bringing the alliance together, we strive to coordinate a community partnership able to reach a broader audience of policymakers, service professionals, caregivers, and older adults.

What it reported doing in 2023

Livable indian river - this program assesses the needs in our county to create a livable community for all residents. The collaborative, as lead agency for indian river county's age-friendly designation, is working in collaboration with aarp of Florida, indian river county, and the department of elder affairs. The program assesses eight domains of livability, creates an action plan, advocates for change, and addresses needs, services, and protection of seniors living in the community. Allowing older adults to age in place is one of the main goals of the program. During 2023, the collaborative initiated the upslide program (utilizing and promoting social engagement for loneliness, isolation and depression in the elderly), which was implemented in fiscal year 2024.

Operating model

Revenue model
Donor-supported. 100% 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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 100
  • Sustainability: 8
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.2%; rating input score 96
  • Program expense ratio: 57%; rating input score 57

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -68.6%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 23.6% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 13.6% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 2% per year; rating input score 100; 34th percentile among comparable filings

Details

  • Where the money goes: 96.2% of revenue deployed · 57% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $97K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2017 to 2023
  • Contacts: How to reach this organization
  • 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 57/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.