Children's Home of Northern Kentucky Inc
Nonprofit profile at a glance
- EIN
- 237068704
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Covington, KY, USA
- Phone
- 8592618768
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Group Homes
Reported finances
- Revenue
- $16,893,396
- Expenses
- $14,307,548
- Assets
- $23,507,943
- Liabilities
- $6,462,276
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- Geoffrey Egbers (Vice-President)
- Jeffery Sackenheim (President)
- Rick Wurth (CEO)
- Quentin Turley (Vice President Residential)
Highest reported compensation
- Rick Wurth (CEO): $394,213 total reported compensation
- Rachel Byrd (Psychiatric Nurse Practitioner): $195,967 total reported compensation
- Debbie Rapier (Chief Financial Officer): $189,068 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A trauma-informed Healthcare Organization, CHNK Behavioral Health creates Holistic Partnerships for Health and Wellness that are inclusive, innovative and inspiring.
What it reported doing in 2024
CHNK outpatient behavioral health services provides a broad continuum of outpatient behavioral health services, including individual, group and family therapy, intensive outpatient, case management, day treatment and family preservation program. Serving primarily adolescents and their family members, outpatient services are available to individuals of all ages. The objective for all behavioral health services is the achievement of individualized treatment goals. An estimated total of 26,499 behavioral health services were provided.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.7%; rating input score 67
- Program expense ratio: 78.1%; rating input score 78
- Fundraising efficiency: $9.55 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- 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: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 15.3%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 1.64; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 11.2%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 9.8% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 9.2% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 17th percentile among comparable filings
Details
- Where the money goes: 66.7% of revenue deployed · 78.1% of spending went to programs
- Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $11.2M in reported program spending
- Leadership: top reported pay $394K · 22 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.9M reported
- Consistency: 39 of 39 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 9 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Officer compensation ratio scored 16/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.