Conejo Valley Senior Concerns Inc

Nonprofit profile at a glance

EIN
952992927
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Thousand Oaks, CA, USA
Phone
8054970189
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Senior Centers

Reported finances

Revenue
$2,647,536
Expenses
$2,547,816
Assets
$5,251,002
Liabilities
$346,747

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

Leadership & pay

18 people listed

Executive titles in this filing

  • ANDREA GALLAGHER (President & CEO)

Highest reported compensation

  • ANDREA GALLAGHER (President & CEO): $143,833 total reported compensation
  • ILONA CLARK (Res Dev Chair): $6,000 total reported compensation

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

Overview

Mission

Senior concerns' mission is to provide programs and services which support and improve the health, well-being and quality of life for seniors and family caregivers.

What it reported doing in 2024

Other meal program: with congregate meals sites closed, there has been a tremendous increase in need for home delivered meals in the senior population. Senior concerns has been operating a traditional meals on wheels program in the community since our founding in 1975. We partner with los robles hospital, who prepares meals fresh daily to meet a variety of nutritional needs. To meet increased demand, we have expanded our partnerships and are now also working with a local restaurant to prepare a portion of the meals. We have staff at both sites who pack the meals and coordinate with our team of volunteer drivers to deliver meals daily to homebound seniors in thousand oaks, newbury park, oak park and the ventura county side of westlake village.we are also the coordinating agency for the ventura county area agency on aging, working in our community with a local restaurant to operate a meal delivery service for seniors in the ventura county area.

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.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.8%; rating input score 69
  • Program expense ratio: 70%; rating input score 70
  • Fundraising efficiency: $2.72 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings

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; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.8%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 2.06; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 5.9%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 5.3% per year; rating input score 100; 41st percentile among comparable filings
  • Revenue growth: 1% per year; rating input score 100; 15th percentile among comparable filings
  • Asset growth: 10.3% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 68.8% of revenue deployed · 70% of spending went to programs
  • Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
  • Programs: 6 filed program accomplishments · $1.8M in reported program spending
  • Leadership: top reported pay $144K · 18 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • High — Financial Efficiency: Fundraising efficiency scored 7/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.