Eliada Homes Inc
Nonprofit profile at a glance
- EIN
- 560611587
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Asheville, NC, USA
- Phone
- 8282545356
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $12,761,457
- Expenses
- $10,270,782
- Assets
- $3,982,550
- Liabilities
- $1,257,438
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- ANDREW D'ONOFRIO (CEO)
Highest reported compensation
- ANDREW D'ONOFRIO (CEO): $121,699 total reported compensation
- RONALD ZIENTEK (FINANCE DIRE): $99,871 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
"helping children succeed" is eliada's mission. Eliada's vision is to provide an optimal learning environment that empowers children and their families to succeed.
What it reported doing in 2024
Child development: - the lions cottage contains space to add 7 additional classrooms and 70 additional enrollment slots - five star license updated to reflect a capacity of 350 children, making eliada child development the largest child care facility in the state. - superior sanitation rating across the entire program, including all four buildings. - there is an administrator stationed in each of the four buildings. Nc pre-k: - we maintained six nc pre-k classrooms led by teachers licensed by the state of North Carolina for birth-kindergarten education. - we host more nc pre-k classrooms than any other center in the county. - we were allotted 78 enrollment slots. - teachers were able to give individualized education to these students through lowered ratios and with the support of the buncombe county special education department. They partnered iep meetings, evaluations, scheduling therapies to occur in the classroom, and documenting progress towards goals. Summer camp: - we served 80 families, averaging 60 students weekly. - the campers enjoyed the amenities on campus such as the pool, jumping pillows, soccer fields, and farm animals. - the campers enjoyed off-campus field trips including a trip to the skating rink, water park, and bowling. On-campus activities included guests from the asheville museum of science and zaniacs who brought science, nature, and robotics to the children. School age: - we averaged 45 students in the after-school program. - full-day care was offered on county teacher workdays and inclement weather days.
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 a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some related-organization disclosures are missing.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 55
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65%; rating input score 65
- Program expense ratio: 79.1%; rating input score 79
- Fundraising efficiency: $10.84 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings
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: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 19.5%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 2.2%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: -2.3% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 9th percentile among comparable filings
- Asset growth: 1.1% per year; rating input score 100; 14th percentile among comparable filings
Details
- Where the money goes: 65% of revenue deployed · 79.1% of spending went to programs
- Governance: 10 of 10 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $8.1M in reported program spending
- Leadership: top reported pay $122K · 15 people listed
- Highest-paid contractors: 3 contractors listed · $544K reported
- Consistency: 37 of 37 current checks pass
- Schedules: 7 filed schedules · includes major donors and related organizations
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.