Clearwater Retirement Community Inc
Nonprofit profile at a glance
- EIN
- 311761431
- IRS 990-EZ coverage
- 2012–2012
- Forms available
- Form 990 2011, Form 990-EZ 2012
- Location
- Clearwater, KS, USA
- Phone
- 6205842271
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $60,817
- Expenses
- $12,781
- Assets
- $68,330
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
8 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing care & housing to the elderly who are unable to provide for themselves without hardship
What it reported doing in 2012
Nursing care and housing
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- 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.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 82
- Sustainability: 71
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 21%; rating input score 21
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 79%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 5.35; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: -87.8% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -135% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 21% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $13K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- 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: Mission deployment rate scored 21/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.