Cardinal Services Inc of Indiana

What it reported doing in 2024

Children and family services: cardinal services serves the youngest, most vulnerable segment of the population with the purpose of educating children and preparing them for school, as well as offering the skills that parents need to be the most effective in their roles. An emphasis is placed upon proper nutrition and medical care for the proper development of the children. Services are comprehensive and attempt to meet whatever need the family may have, most needs are based upon income (see additional data on schedule o).(continued from part iii, line 4c) cardinal services offers three different programs for children and their families. 1) wic is a federal nutrition program serving to safeguard the health of income eligible women, infants, and children up to age five who are at nutritional risk. Cardinal serves over 3,000 participants each month, providing supplemental foods, nutritional education, and nutritional health screenings. 2) head start/early head start programs promote school readiness by enhancing the social and cognitive development of children through the provision of educational, health, nutritional, disability, social, mental health, and other services to enrolled children and families. 3) healthy families is a program of the department of child services that works with families to reduce stress while increasing and building upon strengths. Healthy families promotes positive parent-child interactions through child development education and screenings. Services are voluntary and may be received up to the child of focus' third birthday.

Financial Efficiency

• Mission deployment rate: 81.2%; rating input score 81
• Program expense ratio: 87.6%; rating input score 88
• Fundraising efficiency: $21.03 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• 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; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 9.1%; rating input score 65; 65th percentile among comparable filings
• Total-asset coverage ratio: 2.5; rating input score 69; 69th percentile among comparable filings
• Liabilities to assets ratio: 0.14; rating input score 67; 67th percentile among comparable filings
• Officer compensation ratio: 8%; rating input score 29; 29th percentile among comparable filings

Growth

• Program expense growth: -0.1% per year; rating input score 0; 10th percentile among comparable filings
• Revenue growth: 1.4% per year; rating input score 100; 14th percentile among comparable filings
• Asset growth: 7.1% per year; rating input score 100; 50th percentile among comparable filings