Warren-hamilton Counties Action Committee for Economic Opportunity Inc
Nonprofit profile at a glance
- EIN
- 141493746
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Glens Falls, NY, USA
- Phone
- 5187930636
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Coalitions
Reported finances
- Revenue
- $2,730,924
- Expenses
- $2,778,637
- Assets
- $814,972
- Liabilities
- $80,284
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- SHARI MARCI (INTERIM PRESIDENT)
- JOHN STROUGH (VICE PRESIDENT)
- LYNN ACKERSHOEK (EXECUTIVE DIRECTOR)
Highest reported compensation
- LYNN ACKERSHOEK (EXECUTIVE DIRECTOR): $109,057 total reported compensation
- KATHLEEN FRENCH (FISCAL OFFICER): $53,101 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The agency provides various community services and benefits including weatherization, transportation, nutrition education and assistance, client assistance, outreach programs to residents of warren and hamilton counties through programs funded mainly with the assistance of local, state, and federal grants.
What it reported doing in 2024
Community services block grant: program designed to promote & facilitate effective involvement of neighborhood residents in solving problems - provides emergency and supplemental food, transportation, and emergency housing and utility assistance
Operating model
- Revenue model
- Grant-funded. 62% of the money available for current operations came from government grants.
- 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.
- 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.7%; rating input score 96
- 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: 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: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.7%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 5.8%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 0.5% per year; rating input score 100; 13th percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings
Details
- Where the money goes: 95.7% of revenue deployed · 94.1% of spending went to programs
- Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $2.6M in reported program spending
- Leadership: top reported pay $109K · 16 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 27/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.