Adult Enrichment Centers Inc

What it reported doing in 2024

Program 1: ADHC - ThriveOur Thrive program has operated at 95% of capacity for the full year. Our members and families benefit from a staff well educated in person first care. Led by a Director with 20 years experience in senior care and a phenomenal RN team, we are able to provide a comprehensive care system that supports people where they are and helps them progress to where they want to be. Our day program uses art, music and intellectual games to support a healthy mind and body. Community outings and assistive technology support individual goals of being fully included in all aspects of our program. Program 2: High FiveOur DDSN Day Program implemented a program change to become School of the Arts. This tremendous undertaking has offered members the opportunity to learn music, art , health and life skills as well as creative challenges in our makers space and community inclusion through volunteerism. The growth and progress in our members as they take on these new challenges has been a beautiful thing to watch. Our staff has risen to the occasion with exceptional commitment. We are truly thankful for this past year and the progress we have all made in building an inclusive community. Program 3: Renew Montessori for Aging and MemoryThis program has faced the challenge of new leadership and grown. We know the value of early intervention in people with Mild Cognitive Impairment or dementia. Drs are not recommending services as early as they should so the need to educate is immediate. The quality of life improvement in people who receive early interventions is definitive and documentable. Polling of members and families who come to us very early in the disease process tells us of the overall QoL they see. More research is needed in the early intervention field.

Financial Efficiency

• Mission deployment rate: 69.9%; rating input score 70
• Program expense ratio: 72.1%; rating input score 72
• Fundraising efficiency: $6.69 raised per $1 spent on fundraising; rating input score 25; 25th 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: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 30.3%; rating input score 84; 84th percentile among comparable filings
• Total-asset coverage ratio: 1.76; rating input score 57; 57th percentile among comparable filings
• Liabilities to assets ratio: 0.28; rating input score 36; 36th percentile among comparable filings
• Officer compensation ratio: 4.7%; rating input score 55; 55th percentile among comparable filings

Growth

• Program expense growth: -3.4% per year; rating input score 0; 7th percentile among comparable filings
• Revenue growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings
• Asset growth: 5.2% per year; rating input score 100; 36th percentile among comparable filings