Ufcw Suffridgejimerson Scholarship Fund
Nonprofit profile at a glance
- EIN
- 526033919
- IRS 990 coverage
- 2010–2013
- Forms available
- Form 990 2013
- Location
- Washington, DC, USA
- Phone
- 2022233111
- Rating confidence
- Limited
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $0
- Expenses
- $24,687
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- JOSEPH T HANSEN (INTERNATIONAL PRESIDENT)
- WILLIAM T MCDONOUGH (EXECUTIVE VICE PRESIDENT)
- PATRICK J O'NEILL (EXECUTIVE VICE PRESIDENT)
- WAYNE E HANLEY (EXECUTIVE VICE PRESIDENT)
- PAUL R MEINEMA (EXECUTIVE VICE PRESIDENT)
Highest reported compensation
- WAYNE E HANLEY (EXECUTIVE VICE PRESIDENT): $392,560 total reported compensation
- JOSEPH T HANSEN (INTERNATIONAL PRESIDENT): $377,920 total reported compensation
- ANTHONY M PERRONE (INT'L SECRETARY-TREASURER): $320,689 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o.
What it reported doing in 2013
Scholarship program - college scholarships totaling $20,000 were awarded to 10 students.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 68
- Accountability: 28
- Sustainability: 0
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 81%; rating input score 81
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 1,593.3%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -97.1% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -82.4% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 81% of spending went to programs
- Governance: 0 of 5 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $20K in reported program spending
- Leadership: top reported pay $393K · 6 people listed · 0 of 6 pay-setting controls reported
- Consistency: 15 of 15 current checks pass
- Schedules: 7 filed schedules · includes grants and executive pay
- Filing history: 4 filing years from 2010 to 2013
- Contacts: How to reach this organization
- Related organizations: 12 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 — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 1/100.