The Community Chest of Port Washington Ny Inc
Nonprofit profile at a glance
- EIN
- 111614994
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Port Washington, NY, USA
- Phone
- 5167672121
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Federated Giving Programs
Reported finances
- Revenue
- $912,753
- Expenses
- $769,249
- Assets
- $1,559,042
- Liabilities
- $524,194
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
30 people listed
Executive titles in this filing
- ROBERT KELLER (EXECUTIVE DIRECTOR)
- MICHAEL COOPERMAN (Vice President)
- DREW HERSHKOWITZ (President)
- MITCHELL SCHULTZ (Vice President)
Highest reported compensation
- ROBERT KELLER (EXECUTIVE DIRECTOR): $102,692 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 primary purpose of the Community Chest is to raise funds to be disbursed as grants to other carefully screened not for profit organizations that provide a wide range of services to the residents of Port Washington. The Community Chest also rents space within its facility at below market rates to non profit organizations, helping them fulfill their missions. In March 2020, the Community Chest initiated and administered the Port Washington COVID-19 Community Response Fund to make COVID-19 emergency grants for food needs, housing costs and other expenses to existing community and faith-based organizations that have strong experience supporting Port Washington residents.
What it reported doing in 2024
The Community Chest rented approximately 13500 square feet of space at less than fair value rates to nine not for Profits. These rates included provision of heat, electricity and water. The organizations renting these spaces used them to offer: an art cooperative that offers programming for youths and adults; a job training program for adults with disabilities; environmental protection and education programs; after school tutoring and activities for youth; assistance for the indigent; programs, services, research and advocacy for people with autism spectrum disorders; and programs concerned with the preservation of the cultural traditions of Long Island.
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 41% for direct work, and 59% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 87
- Accountability: 95
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67%; rating input score 67
- Program expense ratio: 75.7%; rating input score 76
- Fundraising efficiency: $2.29 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 25th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 87.7%; rating input score 88; 37th 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: Fail
- 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: 15.7%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 2.03; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 13.3%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 40th percentile among comparable filings
- Asset growth: 3.5% per year; rating input score 100; 32nd percentile among comparable filings
Details
- Where the money goes: 67% of revenue deployed · 75.7% of spending went to programs
- Governance: 33 of 33 board members independent · 7 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $512K in reported program spending
- Leadership: top reported pay $103K · 30 people listed
- Consistency: 28 of 29 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 22 filed money-flow records
- 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: Fundraising efficiency scored 7/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- High — Sustainability: Officer compensation ratio scored 27/100.