University of Florida Law Center Association Inc

Nonprofit profile at a glance

EIN
591689711
IRS 990 coverage
2009–2018
Forms available
Form 990 2018
Location
Gainesville, FL, USA
Phone
3522730602
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$318,168
Expenses
$904,945
Assets
$6,010,042
Liabilities
$15,754

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

68 people listed

Highest reported compensation

  • KENT FUCHS (U.F. PRESIDE): $1,402,526 total reported compensation
  • LAURA ROSENBURY (DEAN/COO): $419,839 total reported compensation
  • DENNIS CALFEE (TREASURER): $248,848 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule o.

What it reported doing in 2018

Enrichment expenses various student organizations and other programs to benefit the college of law.

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 62% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 71
  • Accountability: 87
  • Sustainability: 33
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 94.1%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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; 79th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 95.6%; rating input score 96; 25th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -184.4%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 6.64; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 35.8%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: -11.9% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -18.8% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -0.7% per year; rating input score 0; 31st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 94.1% of spending went to programs
  • Governance: 65 of 68 board members independent · 6 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $852K in reported program spending
  • Leadership: top reported pay $1.4M · 68 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 19 of 19 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 9 filing years from 2009 to 2018
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 3 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.