Carol Strawn Center

Nonprofit profile at a glance

EIN
311776581
IRS 990-EZ coverage
2022–2023
Forms available
Form 990 2020, Form 990-EZ 2023
Location
Newark, OH, USA
Phone
7403498617
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Alzheimer's Disease

Reported finances

Revenue
$1,475
Expenses
$199,126
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • PAULINE STEPHENSON (PRESIDENT)

People named in this filing

  • JEFFREY PRIEST (TREASURER)
  • SARAH ALLEN-HAGEMAN (TRUSTEE)
  • MICHAEL HOUSER (SECRETARY)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To operate an adult day care center that provides care to people with alzheimer's disease and related dementias, respite for their caregivers and educational services to caregivers of those with dementia and interested others.

What it reported doing in 2023

Due to the lasting effects of the pandemic, we were unable to hire qualified staff to fill open positions necessary to maintain state certification. A membership meeting was held in june 2022 during which the decision was made to dissolve the corporation. Effective july 2022 no services were provided and from july 2022 on, time was spent clearing out the building and working on wrapping up agency business. The final liquidating distribution was made to the licking colunty aging partners (a 501(c)(3) organization) on may 9 2024.

Operating model

Revenue model
Investment-supported. 78% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95.2%; rating input score 95

Transparency & Controls

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

Sustainability

  • Operating margin: -13,400.1%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -8.2% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: -4% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 95.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $190K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.