Eleanor Health Foundation
Nonprofit profile at a glance
- EIN
- 851463864
- IRS 990 coverage
- 2021–2022
- Forms available
- Form 990 2022, Form 990-N 2020
- Location
- Asheville, NC, USA
- Phone
- 8285374303
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $439,180
- Expenses
- $538,769
- Assets
- $69,873
- Liabilities
- $4,688
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Amy Upham (Executive Director)
- Ruth Mondolfi (Board President)
Highest reported compensation
- Amy Upham (Executive Director): $77,110 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To work to ensure that those in need have access to evidenced-based, whole-person addiction treatment, prevention and recovery services regardless of their health insurance coverage, or ability to pay.
What it reported doing in 2022
WE Evolve!: is our longest-running and most popular program. The program provides financial assistance associated with social determinants of health to individuals with Substance Use Disorder. The program served 269 individuals in 2022, up from 147 In 2021. Through this program, we provided $178, 874 in direct client assistance. Housing made up the largest share of this with about $63,000 in aid, with transportation and utilities next at $33,000 and $31,000 respectively. Medications rounded out our top four areas of aid with $20,000 distributed. During the year, we recognized the importance of providing more robust 1:1 assistance and redesigned the program to include more intensive recovery coaching.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 50% for direct work, and 50% for grants.
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: 93
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 15
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.8%; rating input score 90
- Fundraising efficiency: $37.69 raised per $1 spent on fundraising; rating input score 71; 71st 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: 100%; rating input score 100; 81st percentile among comparable filings
- 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: 7 of 8 controls in place; rating input score 88
- 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: Fail
Sustainability
- Operating margin: -22.7%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 14.3%; rating input score 26; 26th percentile among comparable filings
Growth
- Program expense growth: 155.4% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: 44% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: -81.1% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.8% of spending went to programs
- Governance: 6 of 6 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $484K in reported program spending
- Leadership: top reported pay $77K · 7 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors and grants
- Filing history: 2 filing years from 2021 to 2022
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 14/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 26/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.