Star-spangled 200 Inc

Nonprofit profile at a glance

EIN
273499748
IRS 990 coverage
2011–2014
Forms available
Form 990 2014, Form 990-N 2010
Location
Baltimore, MD, USA
Phone
4107676274
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Astronomy

Official website

Reported finances

Revenue
$4,112,975
Expenses
$5,431,146
Assets
$605,124
Liabilities
$6,281

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • DONALD FRY (PRESIDENT)
  • ANN BEEGLE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ANN BEEGLE (EXECUTIVE DIRECTOR): $110,175 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Star-spangled 200, inc. Supports the fundraising goals of the Maryland war of 1812 bicentennial commission and is charged with helping to ensure the realization of successful programs, events and community investment.

What it reported doing in 2014

In support of the Maryland war of 1812 bicentennial commission's goal to ensure increased tourism investments and expenditures from which all marylanders have opportunity to benefit, star-spangled 200, inc. Led the implementation of star-spangled spectacular activites, a multi-day signature that took place in september 2014 to culminate the 200th anniversary of our national anthem. Contracts were entered into with our two primary event-planning partners--the baltimore office of promotion and the arts as well as sail baltimore. Event preparations included budgeting, site assessment and meetings with key stakeholders.

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 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 22
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.8%; rating input score 91
  • Fundraising efficiency: $23.07 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings

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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • 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: -32%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 2%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: 178.2% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 6.6% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: -8% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 90.8% of spending went to programs
  • Governance: 3 of 3 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $4.9M in reported program spending
  • Leadership: top reported pay $110K · 4 people listed
  • Highest-paid contractors: 5 contractors listed · $4.1M reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 4 filing years from 2011 to 2014
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • Review — Accountability: Governance controls: Document-retention policy not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.