Take Stock in Children of Broward County Inc
Nonprofit profile at a glance
- EIN
- 844009513
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Plantation, FL, USA
- Phone
- 7546009857
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Higher Education Institutions
Reported finances
- Revenue
- $245,930
- Expenses
- $512,241
- Assets
- $1,166,981
- Liabilities
- $14,391
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Highest reported compensation
- AMANDA FREY (EXECUTIVE DI): $90,937 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 mission of take stock in children of broward county is to break the cycle of poverty for low-income, academically qualified students by providing opportunities for a post-secondary education.
What it reported doing in 2024
To promote personal worth, self-responsibility and academic success for deserving children from low-income families by providing a unique set of resources including mentors, scholarships, long-term support, student advocacy and a guaranteed educational opportunity. -for tsic broward class of 2025 (31 students) with approx. 600.5k in scholarships from tsic: -100% graduated from high school -100% have been accepted and enrolled in college -earned a cumulative 524 college credits, while still in high school -20% already earned their associate's degree -45% earned a Florida bright futures scholarship -for all tsic broward students in 2024-2025: -students participated in more than 2,478 mentor sessions -100% participated in at least four college and career success coaching sessions -students maintained an average 3.75 gpa -96% attended all of their grade-level college and career readiness workshops -91% average college retention rate and 73% completion rate (compared to the state average of 27% for students living in poverty; complete college america).
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 68% for direct work, and 32% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 27
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 75.4%; rating input score 75
- Fundraising efficiency: $4.17 raised per $1 spent on fundraising; rating input score 18; 18th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -108.3%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 2.28; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 17.8%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 0.8% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: -5.7% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 4.6% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 75.4% of spending went to programs
- Governance: 16 of 16 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $386K in reported program spending
- Leadership: top reported pay $91K · 16 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 5 filing years from 2020 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.
- High — Financial Efficiency: Fundraising efficiency scored 18/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 21/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.