The Community Foundation for Ocala Marion County Inc

Nonprofit profile at a glance

EIN
275098203
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Ocala, FL, USA
Phone
3526225020
Rating
92
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$3,196,670
Expenses
$3,316,214
Assets
$10,199,650
Liabilities
$4,106,868

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

Leadership & pay

20 people listed

Executive titles in this filing

  • LAUREN DEIORIO (EXECUTIVE DIRECTOR)

Highest reported compensation

  • LAUREN DEIORIO (EXECUTIVE DIRECTOR): $119,300 total reported compensation

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

Overview

Mission

Our mission at the community foundation for ocala/marion county is to enhance the quality of life for all residents of our community by fostering philanthropy and stewarding charitable resources. We strive to identify and address the most pressing needs in our area, and to support innovative solutions that create positive, sustainable change. Through partnerships with donors, nonprofits, and other community leaders, we seek to build a thriving, inclusive, and resilient community that provides opportunities for all to succeed.

What it reported doing in 2024

Nonprofit resource centerestablished in april of 2019, the nonprofit resource center opened as a collaborative among the foundation, marion county government, the city of ocala, and adventhealth ocala and the marion county hospital district to help grow and sustain our nonprofit community. The resource center provides a variety of assistance options to help our nonprofits build capacity and become sustainable which includes; board development, communications, pr & marketing counseling, video training sponsored by cox communications, finance & accounting counseling, grant services, professional development courses in partnership with rollins college crummer graduate school of business, mini training seminars & strategic & sustainability planning. All resources follow the foundation's roadmap to success which is a compilation of standards designed to ensure each nonprofit operates like the business it is. Some of the key areas in the roadmap are; effective governance, human resources, financial management, and more.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 83% of its reported program spending out as 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. Expenses are high relative to revenue and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 88
  • Accountability: 100
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.4%; rating input score 98
  • Program expense ratio: 92.1%; rating input score 92
  • Fundraising efficiency: $3,296.45 raised per $1 spent on fundraising; rating input score 99; 99th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 88.8%; rating input score 89; 25th 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: 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: -3.7%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 3.08; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.4; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 3.6%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 23.6% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 19.9% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 20.8% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 98.4% of revenue deployed · 92.1% of spending went to programs
  • Governance: 17 of 17 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $3.1M in reported program spending
  • Leadership: top reported pay $119K · 20 people listed
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 58 filed money-flow records
  • Related organizations: 55 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.

  • High — Sustainability: Operating margin scored 22/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.