The Arc Tampa Bay Foundation Inc

Nonprofit profile at a glance

EIN
592174961
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Clearwater, FL, USA
Phone
7277978712
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$3,399,139
Expenses
$2,355,455
Assets
$27,856,943
Liabilities
$143,585

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • MARY LYNNE HAWKINS (PRESIDENT)
  • SHAUN BEASLEY (VICE PRESIDENT)
  • ELISABETH TASIS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • BRIAN SIRACUSA (TRUSTEE): $171,816 total reported compensation
  • ELISABETH TASIS (EXECUTIVE DIRECTOR): $128,190 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To secure the financial future of services for people with intellectual and developmental disabilities served by the arc tampa bay, inc. (continued on schedule o)this mission is accomplished through a comprehensive plan of building community awareness, encouraging community involvement, and generating financial support of the arc tampa bay through fundraising events, grant funding, annual, corporate and planned giving.

What it reported doing in 2024

The arc tampa bay foundation's mission is to help secure the financial future for the arc tampa bay, inc. By fostering community awareness and involvement. For over 40 years, the arc tampa bay foundation (formerly uparc foundation, inc.) has reached out into the hearts of the community, bringing it not only an awareness of the financial needs and revolutionary accomplishments of the arc tampa bay, but also ways to get involved to make a difference in the lives of people with intellectual and development disabilities (i/dd).(continued on schedule o)the arc tampa bay, inc. Is recognized internationally for its innovative and rehabilitative programs. It is the mission of the arc tampa bay, inc. To support and empower people with i/dd in the tampa bay area.for more information about its services or service location, go to http://thearctbfoundation.org.

Operating model

Revenue model
Donor-supported. 78% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 73
  • Accountability: 95
  • Sustainability: 83
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.3%; rating input score 70
  • Program expense ratio: 80.4%; rating input score 80
  • Fundraising efficiency: $11.78 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.7%; rating input score 95; 25th 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: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.9%; rating input score 91; 21st percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: 30.7%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 11.83; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 6.3%; rating input score 45; 45th percentile among comparable filings

Growth

  • Program expense growth: 5.8% per year; rating input score 100; 44th percentile among comparable filings
  • Revenue growth: 6.4% per year; rating input score 100; 51st percentile among comparable filings
  • Asset growth: 6.3% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 70.3% of revenue deployed · 80.4% of spending went to programs
  • Governance: 10 of 11 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.9M in reported program spending
  • Leadership: top reported pay $172K · 12 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 10 filed related-organization links
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
  • Moderate — Sustainability: Officer compensation ratio scored 45/100.