Society for Benefit-Cost Analysis

Nonprofit profile at a glance

EIN
901026165
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-N 2016
Location
Altamonte Springs, FL, USA
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$299,238
Expenses
$215,133
Assets
$564,164
Liabilities
$39,330

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • Tonya Wade (Executive Director)
  • Henrik Andersson (Immediate past president)
  • Vic Adamowica (President)
  • Caroline Cecot (Vice President)

People named in this filing

  • Tonya Wade (Executive Director)
  • Rob Moore (Assistant Treasurer)
  • Ann Wolverton (Director)

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

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Association is dedicated to the advancement, exchange of ideas, and research related to benefit-cost analysis, cost effectiveness analysis, risk-benefit analysis, applied welfare economic analysis, and damage assessment.

What it reported doing in 2024

Journal - as part of the SBCA membership benefits, all SBCA members are given a free subscription to the journal of benefit cost analysis (JBCA). JBCA is the only journal devoted exclusively to benefit-cost analysis, the leading evidence based anaytical method for determining if the consequences of specific public actions make society better off overall. JBCA publishes theory, empirical analysis, case studies, and techniques. Applications include social programs related to education, crime, health, poverty, labor and housing as well as regulations and projects related to the environment, natural resources, transportation, safety, and security. The interdisciplinary nature, with contributions from a wide range of disciplines and areas of public policy, is unique. JBCAs mission is to expand the use of serious, state of the art BCA by individuals and groups who make public policy decisions, those who advise, and those who implement the projects, programs, and policies. By serving as a bridge, the JBCA serves an important role that few other journals provide.

Operating model

Revenue model
Earned-program. 75% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 28
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 69
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 26.5%; rating input score 27
  • Program expense ratio: 38.6%; rating input score 39
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 28.1%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 2.62; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -13.3% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: 0.3% per year; rating input score 100; 25th percentile among comparable filings
  • Asset growth: 11.8% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 26.5% of revenue deployed · 38.6% of spending went to programs
  • Governance: 15 of 15 board members independent · 3 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $83K in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2016 to 2024
  • 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 — Financial Efficiency: Mission deployment rate scored 27/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 39/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.