Wildcat Service Corporation
Nonprofit profile at a glance
- EIN
- 132725423
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2122096000
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Vocational Rehabilitation
Reported finances
- Revenue
- $25,017,079
- Expenses
- $24,387,892
- Assets
- $8,339,718
- Liabilities
- $4,151,482
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- CHRISTINE MCMAHON (PRESIDENT & CEO OF FEDCAP)
- EDWARD BOLOGNINI (EXECUTIVE DIRECTOR)
Highest reported compensation
- CHRISTINE MCMAHON (PRESIDENT & CEO OF FEDCAP): $894,189 total reported compensation
- CAROL KHOURY (CFO OF FEDCAP): $405,031 total reported compensation
- KENNETH S BREZENOFF (GEN. COUNSEL & VP STRAT. INT.): $259,975 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o
What it reported doing in 2024
See schedule owildcat's education program is comprised of three components: the women's project, youth services and apex clean energy institute (acei). The women's project is a community whose collective work serves as an alternative to pre-trial detention and incarceration. We marry legal advocacy, education and service provision to transform the existing culture in our criminal courts and permanently decrease the number of women detained in our city jails and state prisons. We provide holistic, integrative, culturally competent and person-centered services to assist women in returning to court and participating in their defense. The women's project is part of a larger partnership with defender offices and district attorneys in manhattan, brooklyn and the bronx. We have strong relationships with numerous community-based organizations throughout the city to ensure that holistic services are fully synchronized. Our areas of focus- improving wellness: ensuring that women are connected to primary and specialized care providers and services. Our self-care workshops focus on improving the various dimensions of personal wellness, an imperative element of improving the negative health outcomes for women of color.- furthering economic stability and sustainability: solidifying housing, medication, health insurance and connection to emergency benefits prior to release; providing women with food, clothing, toiletries and an activated cell phone upon release; connecting women to employment and education; working on financial health plans.- fostering community: we help women build social capital by creating and building positive community amongst program participants; offering reunification services and family support; and promoting civic engagement.youth services are provided to youth and young adults, ages 13-24, living in neighborhoods that put them at risk of systems involvement. We provide "credible messengers" as mentors. Credible messengers are individuals who have successfully navigated various systems: the criminal legal system; homelessness; foster care; and public housing. Additionally, one on one mentoring and case management are provided for participants. Career readiness, job placement and internships are provided for participants in the transformative mentoring program(s), as well as other participants engaged in services with wildcat. In addition, wildcat partners with businesses, governments, schools and non-profit agencies to develop high impact internships so individuals can advance along their career paths. Securing an internship can be difficult for young people. Quality internships provide young people with the opportunity to make connections, develop skills and explore career options. Through a ten-week internship, a young person will learn how to be an effective employee. They will come to appreciate that it will make a differencefor themselves and for the organizationif they show up on time, arrive prepared, work cooperatively with other employees and invest in learning about their chosen profession from the ground up. The sponsoring organization will enjoy having an eager worker, a dedicated staff-support for that intern and the satisfaction that it is preparing a qualified workforce for the future.the third component of wildcat's education program is the apex clean energy institute which offers a free 13-week (450 hours) training program in solar installation for youth and young adults between the ages of 18-25. The training program consists of both "soft & hard skills."upon successful completion, participants will earn three credentials:- osha 10 & 30- construction (a national certification offered by the national center for construction education and research [nccer]).- solar installation (a national certification offered by the north american board of certified energy practitioners [nabcep]).wildcat works with each participant to ensure job placement upon successful completion of training.
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 98% 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 71
- Accountability: 100
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90%; rating input score 90
- Program expense ratio: 92.4%; rating input score 92
- Fundraising efficiency: $509,879.5 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings
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; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th 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: 2.5%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.5; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 1.4%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: 11.5% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 10.1% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 90% of revenue deployed · 92.4% of spending went to programs
- Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $22.5M in reported program spending
- Leadership: top reported pay $894K · 14 people listed · 0 of 6 pay-setting controls reported
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 32 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: Total-asset coverage ratio scored 9/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.