The Mccarton Foundation for Developmental Disabilities Inc

Nonprofit profile at a glance

EIN
020568114
IRS 990 coverage
2009–2023
Forms available
Form 990 2023
Location
Bronx, NY, USA
Phone
3474976210
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$11,686,417
Expenses
$12,920,370
Assets
$17,468,478
Liabilities
$17,785,149

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

29 people listed

Executive titles in this filing

  • WHITNEY LOY (CEO)

Highest reported compensation

  • WHITNEY LOY (CEO): $207,658 total reported compensation
  • TREVOR WADLEIGH (CHEIF OPERATING OFFICER): $150,150 total reported compensation
  • CECELIA MCCARTON MD (FOUNDER): $126,650 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mccarton foundation is a nonprofit organiztion on a mission to change the course of lives by bringing exceptional treatment and services to children with autism living in underserved communities.

What it reported doing in 2023

The mccarton foundation proudly operates mccarton center bronx, a developmental center dedicated to providing early intervention services to children and families in New York city's most underserved communities. Approved by the New York state department of health, the center specializes in offering both center-based group developmental intervention and a combination of home-based and center-based therapeutic services for children with autism under the age of three. In the reported fiscal year, all operating expenses were devoted to this crucial program, delivering 60,678 center-based group sessions to 374 children, 26,024 individual occupational and speech therapy sessions for 423 children, and 15,329 home-based aba sessions for 159 children. By offering these services at no cost through New York state's early intervention program, we address immediate developmental needs while nurturing each child's inherent potential, guiding them toward realizing their fullest potential.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 72
  • Accountability: 92
  • Sustainability: 23
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.9%; rating input score 96
  • Program expense ratio: 86.7%; rating input score 87
  • Fundraising efficiency: $5.1 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 95%; rating input score 95; 28th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -10.6%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 1.35; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 1.02; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 8.3%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 31.1% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 21.6% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 30.5% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 95.9% of revenue deployed · 86.7% of spending went to programs
  • Governance: 19 of 20 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $11.2M in reported program spending
  • Leadership: top reported pay $208K · 29 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 13 filing years from 2009 to 2023
  • Contacts: How to reach this organization
  • Money network: 10 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 21/100.
  • High — Sustainability: Operating margin scored 11/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.