Concordance

Nonprofit profile at a glance

EIN
431416762
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
St Louis, MO, USA
Phone
3143894804
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Half-Way House for Offenders, Ex-Offenders

Reported finances

Revenue
$16,860,536
Expenses
$17,471,805
Assets
$34,453,915
Liabilities
$5,331,848

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

Leadership & pay

78 people listed

Executive titles in this filing

  • DANNY LUDEMAN (CHAIRMAN AND CEO (THRU 6/24))
  • SUSAN STITH (CEO)

Highest reported compensation

  • MICHELLE SMITH (CHIEF OPERATING OFFICER (THRU 9/24)): $647,340 total reported compensation
  • DANNY LUDEMAN (CHAIRMAN AND CEO (THRU 6/24)): $467,826 total reported compensation
  • KATE KAY (EVP, HEAD OF BHW): $338,910 total reported compensation

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

Overview

Mission

To dramatically reduce reincarceration rates by precisely executing our holistic, integrated, evidence-informed re-entry program.

What it reported doing in 2024

The community & life skills program encompasses five services: housing assistance, legal services, family reunification, community involvement and spiritual support. This includes all participant case management, life skills and other curriculum, and all services which directly connect participants with resources available in their community. Cls assistance includes medical and dental appointments, assistance securing state identification and drivers licenses, assistance with social security and ebt applications, and connection to housing resources and food pantries.

Operating model

Revenue model
Donor-supported. 85% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - 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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 79
  • Accountability: 91
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.6%; rating input score 70
  • Program expense ratio: 66.8%; rating input score 67
  • Fundraising efficiency: $17.93 raised per $1 spent on fundraising; rating input score 54; 54th 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: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3.6%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 1.97; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 17.1%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 18.9% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 20.5% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 27.2% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 69.6% of revenue deployed · 66.8% of spending went to programs
  • Governance: 58 of 58 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $11.7M in reported program spending
  • Leadership: top reported pay $647K · 78 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 9 filed schedules · includes major donors and executive pay
  • Filing history: 8 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Financial Efficiency: Fundraising efficiency scored 54/100.
  • High — Sustainability: Operating margin scored 19/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 6/100.