Aldersgate Enrichment Center Inc
Nonprofit profile at a glance
- EIN
- 752213280
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-N 2013
- Location
- Brownwood, TX, USA
- Phone
- 3256465608
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,748,586
- Expenses
- $1,815,949
- Assets
- $5,774,221
- Liabilities
- $2,018,731
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- BUDDY ROBERTS (PRESIDENT)
Highest reported compensation
- MICHELLE THOMAS (EXECUTIVE DI): $100,607 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing an innovative and family oriented, christian community that provides opportunities in all aspects of life for adults with special needs. Services include vocational programs and housing.
What it reported doing in 2024
The residential program provides a secure, supervised living environment for adults with special needs. The center is licensed by the Texas department of human services as a type "a" personal care home. The group homes provide living accomodations for thirty-three individuals. Goals are set in the areas of daily living skills and responsibilities, personal needs, and social interaction. The associates have the benefit of planned recreational activities, shopping, sports, gardening, tending to animals and other opportunities. Aldersgate's primary focus is on each associate, while living in the homes, and / or working in teh vocational programs. This focus helps them to become self sufficient, to know their self-worth and to develop the ability to reach their potential in all aspects of their lives.
Operating model
- Revenue model
- Earned-program. 91% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 43
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.4%; rating input score 81
- Program expense ratio: 79.3%; rating input score 79
- Fundraising efficiency: $12.53 raised per $1 spent on fundraising; rating input score 45; 45th 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: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.9%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 3.18; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 5.5%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: -0.2% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: -2.1% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 81.4% of revenue deployed · 79.3% of spending went to programs
- Governance: 15 of 15 board members independent · 4 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $1.4M in reported program spending
- Leadership: top reported pay $101K · 16 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 26/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.