Geriatric Resource Network D/b/a Partnership for Healthy Aging

Overview

Mission

To develop, sponsor or promote programs that improve availability & coordination of essential services for older persons including medical, social, rehabilitation, support, and prevention/wellness diagnostic.

What it reported doing in 2018

The Post-Acute Care work is an outgrowth of the Senior LivingCollaborative (nursing home) efforts that have been underway for along time. This focus expanded to include home health, hospice, and community services to better serve patients and families as theymove across the continuum of care.

Operating model

Revenue model
Earned-program. 100% 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.

Nonprofit profile at a glance

EIN
010542842
IRS 990 coverage
2009–2018
Forms available
Form 990 2018
Headquarters
Portland, ME, USA
Phone
2076617120
Rating
52
Verdict
MIXED
Rating confidence
Moderate
Sector
Senior Centers

The verdict

MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 60
  • Accountability: 23
  • Sustainability: 43
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.6%; rating input score 63
  • Program expense ratio: 100%; rating input score 100
  • 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 37.4%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 926%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -20.9% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -5.7% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -25.9% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 62.6% of revenue deployed · 100% of spending went to programs
  • Governance: 0 of 3 board members independent · 5 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $64K in reported program spending
  • Leadership: top reported pay $1.7M · 7 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 16 of 16 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 10 annual filings from 2009 to 2018
  • Contacts: How to reach this organization
  • Related organizations: 14 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.

Leadership & pay

7 people listed

Highest reported compensation

  • William Caron (President): $1,676,435 total reported compensation
  • Albert Swallow (Treasurer): $903,883 total reported compensation
  • Robert Frank (Secretary): $599,045 total reported compensation

Source: IRS Form 990. Selected filing: FY2018.