South Wedge Planning Committee Inc
Nonprofit profile at a glance
- EIN
- 161190886
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990 2017, Form 990-EZ 2024, Form 990-T 2024
- Location
- Rochester, NY, USA
- Phone
- 5852561740
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $182,743
- Expenses
- $175,856
- Assets
- $63,158
- Liabilities
- $42,111
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- LINDSEY ALLEN (President)
- ALVIN LOMIBAO (Vice President)
People named in this filing
- JENNIFER POSEY (Executive Dir.)
- MATTHEW WOLANSKI (Director)
- PHILIP DUQUETTE (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization is committed to helping build a community in the south wedge while encouraging a full range of housing and business opportunities and promoting a diverse, historically significant, and commercially viable urban village.
What it reported doing in 2024
"the wedge" newspaper is a non-profit newspaper that is published bi-monthly with a circulation of 15,000. It is e-mailed to south wedge homes and subscribers and distributed to area businesses and retail shops. Its mission is to provide accurate coverage of neighborhood news as well as local, state and national news that affect the area.
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
- 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 32
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.2%; rating input score 96
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.8%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.67; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 33.8%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -1% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: -14.3% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -13.1% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 96.2% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $176K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 3 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 45/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- High — Sustainability: Officer compensation ratio scored 10/100.