The Ceo Foundation Inc

Nonprofit profile at a glance

EIN: 273919826
IRS 990-EZ coverage: 2014–2014
Forms available: Form 990 2013, Form 990-EZ 2014
Location: Troy, NY, USA
Phone: 5182726012
Rating: 35
Verdict: REVIEW
Rating confidence: Moderate
Sector: Single Organization Support

Reported finances

Revenue: $43,440
Expenses: $14,598
Assets: $0
Liabilities: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

KATHERINE MACIOL (PRESIDENT)

People named in this filing

KATHERINE MACIOL (PRESIDENT)
LYNN KOPKA (MEMBER)
MICHAEL BOSSERT (VICE CHAIRPERSON)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The ceo foundation, inc. Was established in 2010 to promote fundraising and obtain contributions for use by the commission on economic opportunity for the greater capital region, inc. (ceo). The purpose of these funds was to conduct and support activity exclusively for the financial operations of the foundation. All assets were transferred to ceo during february 2015 and dissolution was approved by New York state in may 2015.

What it reported doing in 2014

Operating model

Revenue model: Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model: No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 0
Transparency & Controls: 82
Sustainability: 52
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 0%; rating input score 0
Program expense ratio: 0%; rating input score 0

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 66.4%; rating input score 96; 96th percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

Program expense growth: Limited
Revenue growth: -8.2% per year; rating input score 0; 33rd percentile among comparable filings
Asset growth: -39.9% per year; rating input score 0; 7th percentile among comparable filings

Details

Where the money goes: 0% of revenue deployed · 0% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment
Leadership: top reported pay $0 · 12 people listed
Consistency: 8 of 8 current checks pass
Schedules: 4 filed schedules
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 — Financial Efficiency: Mission deployment rate scored 0/100.
High — Financial Efficiency: Program expense ratio scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 1/100.
Review — Sustainability: Officer compensation ratio scored 57/100.