The Arc of Wake County Inc

Nonprofit profile at a glance

EIN
560846545
IRS 990 coverage
2011–2012
Forms available
Form 990 2012
Location
Raleigh, NC, USA
Phone
9198322660
Rating confidence
Limited
Sector
Developmentally Disabled Centers

Official website

Reported finances

Revenue
$384,535
Expenses
$403,718
Assets
$65,711
Liabilities
$66,103

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

14 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The arc of wake county partners with people with developmental disabilities and their families to help them achieve their life goals.

What it reported doing in 2012

Supported retirement - supported retirement program is an arc of wake county program of inclusive recreation and leisure designed for older adults with developmental disabilities and other adults with multiple disabilities. Plss staff provide individual therapeutic recreation assessments and help participants access generic community resources for leisure and recreation activities of their choosing. Funding for the rlss program is through a contract with wake county human services, and access is through referrals from wake county human services single portal or the supported living team. Project vigor (vital individual growing older & more resilient) - the primary goal of this project is to enhance the quality of life of older adults with intellectual disabilities by facilitating greater individual choice and participation in decisions that impact the individual's life, social relationships and community involvement. Project activities will indentification of models of day and socialization services and support; compilation and dissemination of "best practices" guidelines; and development and provision of technical support materials and training for staff, family caregivers, faith communities, and disability and aging services.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 85
  • Accountability: 74
  • Sustainability: 22
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th 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: 92.3%; rating input score 92; 25th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -5%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.16; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 1.01; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 9.5%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -17.2% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -50.4% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 12 of 13 board members independent · 4 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $299K in reported program spending
  • Leadership: top reported pay $27K · 14 people listed
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 2 filing years from 2011 to 2012
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.