Syracuse Automobile Dealers Assoc Inc
Nonprofit profile at a glance
- EIN
- 150464235
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Syracuse, NY, USA
- Phone
- 3154741041
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $445,377
- Expenses
- $516,310
- Assets
- $60,290
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Richard Burritt (President)
- Stephen Byer (Vice President)
- Barbara Rothschild (Executive Vice President)
Highest reported compensation
- Barbara Rothschild (Executive Vice President): $175,784 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Syracuse Auto Dealers Association, founded in 1907, was formed to be a service organization for new car dealerships and affiliated businesses. It is our function to provide services, educational opportunities and promote the annual auto show. As part of the show, a charitable organization was established that raises funds for charities in the community. We also provide seminars on subjects of importance and OSHA training for dealership personnel. The Syracuse Auto Dealers Association staff work with dealership personnel on matters of importance such as education, understanding health insurance and voluntary benefits that are needed. The Association handles issues with the Department of Motor Vehicles and any regulatory agency that impacts their business. The mission of this organization is to provide, as needed, information, regulations and issues that will impact the new car dealers, affiliated members and their staffs.
What it reported doing in 2024
Promotion of the annual auto show to enable the public to see the latest advancements in automobiles.
Operating model
- Revenue model
- Earned-program. 92% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 70
- Accountability: 74
- Sustainability: 21
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.7%; rating input score 93
- Program expense ratio: 80%; rating input score 80
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- 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 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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: -15.9%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 34%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 4.4% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: -1.3% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -1.7% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 92.7% of revenue deployed · 80% of spending went to programs
- Governance: 13 of 13 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $413K in reported program spending
- Leadership: top reported pay $176K · 14 people listed · 1 of 6 pay-setting controls reported
- Consistency: 19 of 19 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 14 filing years from 2011 to 2024
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 9/100.