Ashland County Lifeworx Inc

Nonprofit profile at a glance

EIN: 010768551
IRS 990-EZ coverage: 2014–2015
Forms available: Form 990 2013, Form 990-EZ 2015
Location: Ashland, OH, USA
Phone: 4194960200
Rating: 91
Verdict: STRONG
Rating confidence: Moderate
Sector: Human Service Organizations

Official website

Reported finances

Revenue: $81,059
Expenses: $85,045
Assets: $28,404
Liabilities: $899

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

8 people listed

People named in this filing

VERA MERRICK (CHAIRMAN)
YVONNE GRAMSE (SECRETARY)
SCOTT YOUNG (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of ashland county lifeworx, inc. Is to provide educational, vocational, recreational and social supports for persons with a mental health diagnosis. It is the goal of lifeworx to promote community intergration for the members it serves.

What it reported doing in 2015

To provide educational, vocational, recreational and social supports for persons with a mental health diagnosis.

Operating model

Revenue model: Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

Financial Efficiency: 90
Transparency & Controls: 100
Sustainability: 28
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 92.3%; rating input score 92
Program expense ratio: 88%; rating input score 88

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Yes; rating input score 100

Sustainability

Operating margin: -4.9%; rating input score 36; 36th percentile among comparable filings
Total-asset coverage ratio: 0.33; rating input score 22; 22nd percentile among comparable filings
Liabilities to assets ratio: 0.03; rating input score 33; 33rd percentile among comparable filings
Officer compensation ratio: 32.4%; rating input score 6; 6th percentile among comparable filings

Growth

Program expense growth: 8.2% per year; rating input score 100; 68th percentile among comparable filings
Revenue growth: 2.2% per year; rating input score 100; 61st percentile among comparable filings
Asset growth: 10.6% per year; rating input score 100; 72nd percentile among comparable filings

Details

Where the money goes: 92.3% of revenue deployed · 88% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $75K in reported program spending
Leadership: top reported pay $0 · 8 people listed
Consistency: 7 of 7 current checks pass
Schedules: 3 filed schedules
Filing history: 2 filing years from 2014 to 2015
Contacts: How to reach this organization
Money network: 2 filed money-flow records
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.

Moderate — Sustainability: Operating margin scored 36/100.
High — Sustainability: Total-asset coverage ratio scored 22/100.
High — Sustainability: Officer compensation ratio scored 6/100.
Moderate — Sustainability: Liabilities to assets ratio scored 33/100.