Care Institute Inc - Cherry Hill

Nonprofit profile at a glance

EIN
223422629
IRS 990 coverage
2010–2010
Forms available
Form 990 2010
Location
Indianapolis, IN, USA
Phone
3176303156
Rating confidence
Limited
Sector
Supportive Housing for Older Adults

Reported finances

Revenue
$14,002,381
Expenses
$5,456,399
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

6 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Care institute, inc.-cherry hill (ciic) was incorporated as an Indiana non-stock, nonprofit corporation on september 5, 1996. Ciic is organized and operated exclusively for charitable purposes. More specifically, ciic provides for the general welfare and promotes the health of residents of the community by providing health care services to the community, including establishing, owning, maintaining, and operating nursing facilities and residential assisted living facilities designed to meet the housing, health, and financial security needs of the elderly. Ciic is also the sole member of care institute - main line & haverford, llc, which was formed for the purpose of establishing, owning, maintaining & operating skilled nursing facilities designed to meet the housing, health & financial security needs of the elderly.

What it reported doing in 2010

Assisted living for the elderly designed to meet a combination of physical, emotional, recreational, and similar needs. Provision of medical care to residents on the premises consisting of temporary aid in emergencies and specialized care such as respiratory and physical therapy.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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: 40
  • Sustainability: 46
  • 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; 59th 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: 20%; rating input score 20; 6th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: 61%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

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: 1 of 5 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.2M in reported program spending
  • Leadership: top reported pay $30K · 6 people listed
  • Highest-paid contractors: 1 contractor listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules
  • Related organizations: 5 filed related-organization links
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Accountability: Independent voting board scored 20/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.