Corbin's United Effort Inc

Nonprofit profile at a glance

EIN
611187501
IRS 990-EZ coverage
2019–2020
Forms available
Form 990 2018, Form 990-EZ 2020
Location
Corbin, KY, USA
Phone
6065287523
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Homeless Centers
Affiliation
Christianity

Reported finances

Revenue
$243
Expenses
$50,506
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • John C Taylor (President)
  • Gerald Fox (Vice President)

People named in this filing

  • John C Taylor (President)
  • Gerald Fox (Vice President)
  • Joshua Lowe (Secretary)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Corbin's United Effort (CUE) was established in the spring of 1990 to work to prevent homelessness in the tri-county area. The help families to avoid eviction or the experience of having their utilities cut off. They also help locate victims of catastrophies such as fire and have also helped find homes for those trapped in abusive family situations. They have coordinated a food pantry registration program in affiliation with local churches.

What it reported doing in 2020

Ministers to the need of the homeless and prevention of homelessness in Corbin and Southeastern Kentucky.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 2
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • 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: -20,684.4%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 11.5%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 61.7% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -77.3% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -29.8% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $51K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2019 to 2020
  • Contacts: How to reach this organization
  • Money network: 3 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.