Clark - Progressive Eldercare Services Inc

Nonprofit profile at a glance

EIN
823432960
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Arkadelphia, AR, USA
Phone
8702465566
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Nursing, Convalescent Facilities

Official website

Reported finances

Revenue
$7,167
Expenses
$369,793
Assets
$509,019
Liabilities
$934,921

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • MICHAEL TINDELL (PRESIDENT)

People named in this filing

  • MICHAEL TINDELL (PRESIDENT)
  • KATHERINE BARNHILL (DIRECTOR)
  • GREGORY LATHAM (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization provides affordable skilled nursing and rehabilitative care to ill, infirm, medically disabled and elderly individuals in a non-traditional long-term care environment utilizing the "culture change or "person-centered" care model.

What it reported doing in 2024

The organization acts in concert with progressive eldercare services, inc. (pes, inc.) to form a network of nursing facilities to serve as locations for promoting, developing and administering "culture change", person-centered, long-term care for ill, infirm, medically disabled and elderly individuals. The "culture change" model of care is designed to empower elders and staff to participate in the establishment of pathways that result in a high degree of choice, autonomy, dignity and self-determination for the elders served. It is anticipated that with concerted efforts the organization will increase the availability and quality of health care for its respective communities, resulting in better health outcomes and quality of life for the elderly. The organization served 152 residents in 2023.

Operating model

Revenue model
Earned-program. 80% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 17
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 4.2%; rating input score 4
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -5,059.7%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 1.38; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 1.84; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -31.1% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -30.3% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -11.2% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 4.2% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 26 filed related-organization links
  • 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 — Financial Efficiency: Program expense ratio scored 4/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.