Am-rea Inc
Nonprofit profile at a glance
- EIN
- 550731585
- IRS 990 coverage
- 2011–2011
- Forms available
- Form 990 2011
- Location
- Weirton, WV, USA
- Phone
- 3047483943
- Rating confidence
- Limited
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $486,091
- Expenses
- $456,975
- Assets
- $67,276
- Liabilities
- $10,410
Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
10 people listed
Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
As an assisted living facility our goal is to provide quality care, dignity and independence while retaining true heritage of a lifetime. We provide seniors who are in need of some assistance with daily living an option to be able to live as independently as possible.
What it reported doing in 2011
Our two assisted living facilities provides services for the elderly of the community that are unable to independently care for themselves, or need professional assistance, with an emphasis on the patient. We have a caring on-site staff providing 24-hour individualized care with dignity in a home-like setting. We provide three nutritionally balanced meals daily catering to each residents special dietary needs. We also provide medication administration, housekeeping, laundry and security services. Once a resident enters our facility, the cost of their care is never increased for level of services provided or general cost of living. Two of our 31 beds are reserved for residents who need services but are unable to pay the prevailing rate.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 73
- Sustainability: 40
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 70%; rating input score 70; 18th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 9.5%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 7 of 10 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $385K in reported program spending
- Leadership: top reported pay $19K · 10 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 4 filed schedules
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
- Moderate — Sustainability: Officer compensation ratio scored 38/100.