Ed Keating Center Inc
Nonprofit profile at a glance
- EIN
- 341872981
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Cleveland, OH, USA
- Phone
- 2164721276
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alcohol, Drug Abuse, Treatment Only
Reported finances
- Revenue
- $1,345,187
- Expenses
- $928,493
- Assets
- $2,556,882
- Liabilities
- $722,190
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- MEGAN RALEIGH (PRESIDENT)
Highest reported compensation
- JIM GALLAGHER (EXECUTIVE DI): $100,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The ed keating center provides a chance for sober living to recovering alcoholic, and drug-addicted, men and women. Our three non-profit sober living facilities are home to about 150 men and women at a time.
What it reported doing in 2024
The ed keating center was founded on these two essential principles: a chance for sober living should be available to any man or woman with sincere desire to overcome their alcoholism or addiction, without regard for their ability to pay. These services should be provided without direct assistance from any government agency, depending instead on the support of individuals and organizations who believe in communities helping themselves. The keating center offers a variety of services: it begins with a three-month in-house sober living program in which residents attend group meetings facilitated by experienced recovering alcoholics. Residents must get an aa sponsor and attend 12-step meetings every night. Once residents complete the sober living program, they advance to our 3/4 transitional program. They continue to live in the centers sober environment while working so they can financially help themselves, as well as pay a nominal fee to help support the centers programs. They attend seven mandatory 12-step meetings each week, as a reminder that staying sober must come first. Also, transitional program residents attend mandatory after-care meetings once a week.
Operating model
- Revenue model
- Earned-program. 63% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 92
- Accountability: 69
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.2%; rating input score 63
- Program expense ratio: 91.6%; rating input score 92
- Fundraising efficiency: $21.4 raised per $1 spent on fundraising; rating input score 60; 60th 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: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 31%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 2.75; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 10.8%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 12.1% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 10.3% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: 17% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 63.2% of revenue deployed · 91.6% of spending went to programs
- Governance: 9 of 9 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $850K in reported program spending
- Leadership: top reported pay $100K · 9 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 9 filing years from 2016 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 — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Liabilities to assets ratio scored 26/100.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.