Cory's Kitchen Inc
Nonprofit profile at a glance
- EIN
- 912138102
- IRS 990-EZ coverage
- 2015–2018
- Forms available
- Form 990-EZ 2018
- Location
- Irwindale, CA, USA
- Phone
- 6263050392
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Food Programs
Reported finances
- Revenue
- $89,239
- Expenses
- $80,649
- Assets
- $46,143
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Wayne Leamons (Pastor/President)
- Mario Figueroa (Vice President)
People named in this filing
- Wayne Leamons (Pastor/President)
- Mario Figueroa (Vice President)
- Karen Leamons (Secretary/Treasuer)
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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Humanitarian Relief and Social Services
What it reported doing in 2018
Food Distribution
Operating model
- Revenue model
- Donor-supported. 100% 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.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 36
- Transparency & Controls: 82
- Sustainability: 46
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 34.7%; rating input score 35
- Program expense ratio: 38.4%; rating input score 38
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.6%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -35.5% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: -7.6% per year; rating input score 0; 30th percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 34.7% of revenue deployed · 38.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $31K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2015 to 2018
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
- Moderate — Financial Efficiency: Program expense ratio scored 38/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.