ServCorps Inc
Nonprofit profile at a glance
- EIN
- 061516989
- IRS 990-EZ coverage
- 2009–2016
- Forms available
- Form 990 2012, Form 990-EZ 2016
- Location
- Farmington, CT, USA
- Phone
- 8606748576
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $12,550
- Expenses
- $57,926
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- Richard Grobe (Chairman)
- Jack C Kadzik (Treasurer)
- Ruth Grobe (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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A volunteer service institution that focuses on constructing and rebuilding homes, both locally in Hartford, and through mission trips to areas of the U.S. affected by natural disasters.
What it reported doing in 2016
Line 28: Line 28: Oversight of 1 week of construction work by 14 volunteers on a service trip to Columbia, South Carolina. We worked on a trailer belonging to a mother using a wheelchair and her 5 year old daughter; we replaced the trailer roof and replaced floors and walls damaged by flooding. The second house we worked on was in close to irreparable condition but was the only remaining possession of a man with mental health issues. We started making repairs to the house but had to leave it unfinished for the next group of volunteers. One of the volunteers on the trip was a former construction intern, who had received training from ServCorps when he was in the YouthBuild Hartford Program. Management estimates that a total of 560 hours of work were donated. ServCorps, Inc., a Connecticut nonstock corporation formed on June 9, 1998, creates volunteer opportunities and internships to build and encourage a culture of community service. Using our volunteers' expertise in construction, we improve the lives of individuals and communities by building and rehabilitating housing locally, in disaster stricken areas, and in other communities in need across the country. Our participants forge strong relationships, learn skills, embrace diversity, and experience the joy of serving others.During the fall of this fiscal year, ServCorps continued its work in the City of Hartford by overseeing volunteers working to complete a new home built in the Victorian style that is typical of the Asylum Hill neighborhood. The house is now finished and has been sold to an owner making 80-125% of median income for the Hartford region. ServCorps collaborative partner, non-profit developer NINA (Northside Institutions Neighborhood Alliance) is planning to build a second similar home on the lot next door. Two of ServCorps former construction interns from the YouthBuild Hartford Program continue to work for contractors hired by NINA.ServCorps benefits from the use of some equipment and facilities owned by AHCC. ServCorps receives other donated services from its directors and friends. Other donated services include postage, telephone, transportation, graphics, and bookkeeping. The value of these services is not recorded, even though some might meet the criteria for recognition under generally accepted accounting principles..Expenses $17,597
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
- Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 100
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93%; rating input score 93
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: -361.6%; rating input score 3; 3rd 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 56; 56th percentile among comparable filings
Growth
- Program expense growth: -34.1% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: -34% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -12.6% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $54K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2009 to 2016
- 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.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.