Edward King House Senior Center Inc

Nonprofit profile at a glance

EIN
050312277
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Newport, RI, USA
Phone
4018467426
Rating
71
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Senior Centers

Official website

Reported finances

Revenue
$407,210
Expenses
$329,180
Assets
$878,235
Liabilities
$63,354

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

Leadership & pay

14 people listed

Executive titles in this filing

  • Carmela Geer (Executive Director)
  • Brenda Bachman (President)
  • Philip Sardella (Vice President)

Highest reported compensation

  • Carmela Geer (Executive Director): $69,039 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 Edward King House Senior Center, Inc. serves the 50+ population of Newport County as a hub for resources and opportunities that support adult learning, independent living and an enriched quality of life.

What it reported doing in 2024

Enrichment Programming: for the seniors served our program aims to enhance their overall quality of life, address social and emotional needs, and provide opportunities for continued personal growth and fulfillment. These programs involved extensive collaboration between community organizations, ourselves, and healthcare providers to create a holistic approach to senior care. Enrichment programming for senior citizens typically involves offering a variety of activities and services to enhance their overall well-being, engagement, and quality of life. These programs are designed to cater to the unique needs and interests of older adults. Common components of enrichment programming for seniors may include: 1)Physical Activities: Exercise classes, yoga, tai chi, and other low-impact physical activities to promote fitness and flexibility.2)Intellectual Stimulation: Educational workshops, lectures, and classes on topics like history, art, literature, and technology to keep seniors mentally engaged.3)Social Interaction: Group activities, social events, and clubs to foster social connections and reduce feelings of isolation. 4)Creative Arts: Art and craft sessions, music programs, and creative writing workshops to encourage self-expression and artistic exploration.5)Health and Wellness: Wellness programs, nutrition workshops, and health screenings to support seniors in maintaining a healthy lifestyle.6)Technology Training: Classes on using smartphones, tablets, and other digital devices to help seniors stay connected with loved ones and navigate the digital world. 7)Cultural and Recreational Outings: Organized outings to museums, theaters, parks, or other cultural and recreational venues to provide entertainment and new experiences.8)Volunteer Opportunities: Encouraging seniors to participate in community service and volunteer work, fostering a sense of purpose and contribution.9)Memory Enhancement Activities: Cognitive exercises and games designed to stimulate memory and cognitive function.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - The filed numbers largely add up and most voting board members are independent. 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: 41
  • Transparency & Controls: 100
  • Accountability: 84
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40.3%; rating input score 40
  • Program expense ratio: 42.8%; rating input score 43
  • Fundraising efficiency: $12.03 raised per $1 spent on fundraising; rating input score 44; 44th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 19.2%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 2.67; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 21%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 3.3% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 8% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 40.3% of revenue deployed · 42.8% of spending went to programs
  • Governance: 12 of 12 board members independent · 5 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $141K in reported program spending
  • Leadership: top reported pay $69K · 14 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 10 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 40/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 43/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.