Crowley's Ridge Development Council Inc

Nonprofit profile at a glance

EIN
710412085
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Jonesboro, AR, USA
Phone
8708027100
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$13,259,984
Expenses
$13,305,212
Assets
$7,885,892
Liabilities
$2,589,264

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

Leadership & pay

25 people listed

Executive titles in this filing

  • RUSTY MCMILLON (PRESIDENT/CHAIR)
  • JEREMY WOOLDRIDGE (CEO)

Highest reported compensation

  • JEREMY WOOLDRIDGE (CEO): $115,473 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 provide leadership in the creation of opportunities for disadvantaged individuals and families to achieve greater self-sufficiency in their lives thereby eliminating the causes of poverty in northeast Arkansas.

What it reported doing in 2024

Low-income housing and energy assistance program - assists low-income individuals and family by helping with payments for their utilities; child and adult care food program - provides reimbursement to registered or licensed family day care homes and centers for food served to children in their care; community services block grant - provides funds to alleviate the causes and conditions of poverty in communities; substance abuse treatment facility provides residential and outpatient services for adults and outpatient services for adolescents; weatherization assistance program - eligible low-income owners and renters of mobile or standard homes can apply for insulation and energy conservation services to reduce their energy costs; housing assistance - provides housing assistance for low-income individuals with funding from us dep't of housing and urban development; senior citizen services - frozen meals are delivered weekly to qualifying seniors.

Operating model

Revenue model
Grant-funded. 86% of the money available for current operations came from government grants.
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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 35
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.5%; rating input score 97
  • Program expense ratio: 97.2%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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; 66th 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: -0.3%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.59; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 0.9%; rating input score 87; 87th percentile among comparable filings

Growth

  • Program expense growth: 8.2% per year; rating input score 100; 62nd percentile among comparable filings
  • Revenue growth: 2.5% per year; rating input score 100; 22nd percentile among comparable filings
  • Asset growth: -0% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 97.5% of revenue deployed · 97.2% of spending went to programs
  • Governance: 24 of 24 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $12.9M in reported program spending
  • Leadership: top reported pay $115K · 25 people listed
  • Highest-paid contractors: 5 contractors listed · $1.8M reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • 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 — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.