Cornucopia Adult & Family Services

Nonprofit profile at a glance

EIN
850311603
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Albuquerque, NM, USA
Phone
5058771310
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Adult Day Care

Official website

Reported finances

Revenue
$5,887,430
Expenses
$5,470,634
Assets
$2,570,205
Liabilities
$530,319

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

Leadership & pay

7 people listed

Executive titles in this filing

  • MICHELLE BISHOP-COUCH MPA (CEO)
  • TERRI KELLER (PRESIDENT)

Highest reported compensation

  • MICHELLE BISHOP-COUCH MPA (CEO): $130,704 total reported compensation

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

Overview

Mission

Cornucopia adult and family services (cornucopia)continues to be a cornerstone in the community by providing family-oriented, daytime services for the elderly, the frail, and individuals with intellectual disabilities. Cornucopia offers a safe, reputable, and growth-oriented environment that supports each individual's preferences to make their own choices and advocate for them, ideally, helping to maximize their potential in a community-based setting. Cornucopia helps to prevent institutionalization and prolong the independence of their clients. Cornucopia prides itself on being the only community-based inclusion agency in the albuquerque south valley. Cornucopia offers community and individualized settings for its clients to meet their specific needs including supported living for individuals to reside in.

What it reported doing in 2024

Cornucopias services are designed to meet the individualized needs of our clients with the goal of maximizing each individual's potential to succeed to their varying abilities and interests. Cornucopia maintains a greenhouse specifically designed to meet the physical, mental, and emotional needs of adults with developmental disabilities and the elderly. The greenhouse provides an opportunity to learn and develop life skills, including cooperation with others, setting and working towards common goals, meeting responsibilities, decision-making, problem solving and the ability to follow complex instructions. Cornucopia provides supportive living services in a residential program intended to increase and promote independence and to support individuals to live in the community in a setting of their own choice. Services assist and encourage individuals to grow and develop, to gain autonomy, to become self-governing, and to pursue their own interests and goals. Services are intended to provide the skills necessary to prepare individuals to eventually live on their own in a non-assisted setting. Cornucopia offers weekly educational classes for participants. Classes are designed to teach our clients a new skill or help them develop a current skill. Classes include topics such as art, music, dance, brain yoga, and cooking.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program 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. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84%; rating input score 84
  • Program expense ratio: 90.4%; rating input score 90
  • Fundraising efficiency: $1.9 raised per $1 spent on fundraising; rating input score 5; 5th 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: Yes; rating input score 100
  • 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: 7.1%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: 7.9% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 8.6% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 6.4% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 84% of revenue deployed · 90.4% of spending went to programs
  • Governance: 6 of 6 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $4.9M in reported program spending
  • Leadership: top reported pay $131K · 7 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Fundraising efficiency scored 5/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.