Sundance Research Institute Inc
Nonprofit profile at a glance
- EIN
- 262919036
- IRS 990 coverage
- 2011–2019
- Forms available
- Form 990 2019, Form 990-N 2008
- Location
- Bethesda, MD, USA
- Phone
- 2403334800
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public Health Program (Includes General Health and Wellness Promotion Services)
Reported finances
- Revenue
- $78,235
- Expenses
- $50,984
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- CYRUS BAGEHELAI (CHAIRMAN/CEO)
People named in this filing
- CYRUS BAGEHELAI (CHAIRMAN/CEO)
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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide services to support and collaborate with vulnerable populations and economically disadvantaged communities in their efforts to reduce health and well-being disparaties and to improve quality of life and economic opportunity.
What it reported doing in 2019
The institute provided services to support and collaborate with vulnerable populations and economically disadvantaged communities in their efforts to reduce health and well being disparaties and to improve quality of life and economic opportunity.
Operating model
- Revenue model
- Earned-program. 61% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
MIXED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 86
- Accountability: 18
- Sustainability: 47
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.1%; rating input score 58
- Program expense ratio: 89.1%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd 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: 0%; rating input score 0; 8th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 34.8%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: -33.2% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: -23.2% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -20.9% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 58.1% of revenue deployed · 89.1% of spending went to programs
- Governance: 0 of 1 board members independent · 3 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $45K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 18 of 19 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors
- Filing history: 9 filing years from 2011 to 2019
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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 — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.