Cedars Hope Inc
Nonprofit profile at a glance
- EIN
- 351862531
- IRS 990 coverage
- 2010–2011
- Forms available
- Form 990 2011, Form 990-EZ 2009
- Location
- Fort Wayne, IN, USA
- Phone
- 2604203507
- Rating confidence
- Limited
- Sector
- Homeless Centers
Reported finances
- Revenue
- $374,674
- Expenses
- $311,862
- Assets
- $332,983
- Liabilities
- $4,240
Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
12 people listed
Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cedars hope, inc. Is a not-for-profit organization serving homeless women living with serious mental illness by offering permanent housing, opportunities for growth and companionship, personal support, encouragement toward independence. The cedars hope model of intentional communities fosters psychiatric and housing stability, self-sufficiency, and growth. Within this model, cedars hope staff provides supportive services that help our residents break the cycle of psychiatric crisis and homelessness, maintain their independence and improve self-esteem. We provide supportive staff that monitor and assist our residents with developing symptom and illness self-management skills. Staff is also available to help residents maintain or learn new skills necessary for successful daily living.
What it reported doing in 2011
Cedars hope provides supportive staff, 24 hours a day, to monitor and assist residents in the areas of medication, physical and mental health symptom management, daily living skills and interpersonal, financial and decision-making skills. Cedars hope houses 15 women.
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: 84
- Sustainability: 62
- Growth: 60
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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 16.8%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1.07; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 10.1%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 25.7% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 11 of 11 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $239K in reported program spending
- Leadership: top reported pay $32K · 12 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 2 filing years from 2010 to 2011
- 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.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.