Smart Choices Program Inc
Nonprofit profile at a glance
- EIN
- 800397547
- IRS 990-EZ coverage
- 2010–2011
- Forms available
- Form 990-EZ 2011
- Location
- Ann Arbor, MI, USA
- Phone
- 7347698010
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Business and Industry
Reported finances
- Revenue
- $15,000
- Expenses
- $98,650
- Assets
- $57,248
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
8 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
On a nonprofit basis, to promote, improve and advance the health, safety, nutrition and well being of the general public by (1) making widely available independent, science-based dietary guidance as to the nutritional composition of foods and beverages, (2) helping to better educate and inform the consuming public as to the nutritional value of foods and beverages across various food categories, and (3) offering reliable, voluntary guidelines, resources and standards as to nutritional content of foods and beverages in relation to daily caloric needs.
What it reported doing in 2011
The decision was made by the board of directors during the december 31, 2011 year to dissolve the organization. The process began in the 2011 year. In accordance with the organization's governing documents, plans were made to pay the remaining organization liabilities and distribute any remaining assets to a properly approved internal revenue service section 501(c)(3) tax-exempt charitable organization. The dissolution process will be completed during 2012.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 62% of its reported program spending out as 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 revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 82
- Sustainability: 11
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 81.7%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -557.7%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.58; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 125.2% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: -168.3% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -37.7% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 81.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $81K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 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.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- High — Growth: Asset growth scored 0/100.