Victory Living Programs Inc

Nonprofit profile at a glance

EIN
650162567
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Fort Lauderdale, FL, USA
Phone
9546161074
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Residential Care & Adult Day Programs

Reported finances

Revenue
$634,106
Expenses
$718,672
Assets
$509,562
Liabilities
$196,463

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

Leadership & pay

9 people listed

Executive titles in this filing

  • DEBORAH K DAY (PRESIDENT)

People named in this filing

  • EDUARDO ALVAREZ (DIRECTROR)
  • MICHAEL GENNETT (DIRECTOR)
  • MARY LOU GRAYSON (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Victory living programs provides individualized services and opportunities to persons with disabilities so that they my experience life to its fullest and reach their highest level of independence.

What it reported doing in 2024

Victory living programs, inc., is a non-profit, 501(c)3 organization which provides a wide range of services to individuals with disabilities to assist them on their road to independence. Mission statement: victory living programs provides individualized services and opportunities to persons with disabilities so that they may experience life to its fullest and reach their highest level of independence. Statement of values: victory living programs, inc. Believes: o that everyone has value and can make contributions to their community o that all individuals deserve respect, dignity and the freedom of choice o in good faith, honesty and openness in all of our communications and endeavors o in giving our best efforts to help others attain their goals in life funding: victory living programs, inc. Receives funding for our services through a variety of means: o home and community based services waiver program o agency for persons with disabilities o department of education/division of vocational rehabilitation o grants/foundations: o the taft foundation o rubin obstgarten family foundation o greater st. Louis community foundation o ruth and hal launders charitable trust o general parts international o anna and james kirk foundation o the amaturo family foundation o private businesses/clubs/organizations: o pinion o private donors staff: victory living programs, inc. Has a highly qualified staff with a combined total of over 150 years of experience and education in the field of disabilities.

Operating model

Revenue model
Earned-program. 74% 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 28
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92%; rating input score 92
  • Program expense ratio: 80.9%; rating input score 81
  • Fundraising efficiency: $1.2 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: -13.3%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.71; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0.39; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 3.4% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: -5.3% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -2.3% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 92% of revenue deployed · 80.9% of spending went to programs
  • Governance: 9 of 9 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $582K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.