South Madison Coalition of the Elderly Inc

Nonprofit profile at a glance

EIN
391222287
IRS 990 coverage
2010–2018
Forms available
Form 990 2018
Location
Madison, WI, USA
Phone
6085120000
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Senior Centers

Official website

Reported finances

Revenue
$599,642
Expenses
$879,576
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • PETER DAVIS (PRESIDENT)
  • NANCY KOSSEFF (VICE PRESIDENT)
  • MARCIA HENDRICKSON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MARCIA HENDRICKSON (EXECUTIVE DIRECTOR): $60,593 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to assure the dignity and independence of older adults in our community by providing services that respond to their needs and by encouraging their participation in helping others. The coalition strives to provide education, support, and advocacy for older adults.

What it reported doing in 2018

The coalition offers weekday social, educational, and exercise programs at romnes and fisher-taft apartments. Card games, entertainment, day trips, monthly spelling bee, movies, crafts, bingo, intergenerational programs, book discussion groups, caregiver support groups, low-vision support groups, blood pressure clinics, exercise classes, language classes, computer assistance, informational presentations, and foot clinics keep our seniors active while generating lots of fun! The activities calendar as well as the dining menu can be found in our monthly newsletter, southside senior, and on our website.

Operating model

Revenue model
Grant-funded. 82% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 87% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. The required major-donor schedule is missing or incomplete and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 81
  • Accountability: 100
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85.9%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 74th percentile among comparable filings
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -46.7%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 6.9%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: -5.6% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -2% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -1.9% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 85.9% of spending went to programs
  • Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
  • Programs: 6 filed program accomplishments · $756K in reported program spending
  • Leadership: top reported pay $61K · 8 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2010 to 2018
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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 — Transparency & Controls: Major donor itemization scored 0/100.
  • 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 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.