Elkhartcares Inc

Nonprofit profile at a glance

EIN
815452704
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Elkart Lake, WI, USA
Phone
9202260903
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Family Services

Official website

Reported finances

Revenue
$135,365
Expenses
$132,412
Assets
$96,927

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

Leadership & pay

4 people listed

People named in this filing

  • NINA HERZOG (EXECUTIVE DI)
  • RICHARD K VAN EVERA ESQ (BOARD MEMBER)
  • LYNNE SHAY (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Elkhartcares exists to ease people's hardships and bring a bit of unexpected joy into their lives. We believe in supporting the citizens and establishments in the community that need a helping hand, with our neighbors-helping-neighbors approach. Today, our offerings of assistance and opportunity are given with the vision of building a community where the power of goodwill keeps on giving. 100% of donations go directly to programs, thanks to a grant covering all administrative costs.

What it reported doing in 2024

My own door - focuses on helping families with essential needs. Elkhartcares works directly with the school district to learn about ways to support the families in the community in need of assistance. Thanks to a dedicated grant that covers 100% of administrative expenses, every donor dollar goes directly to supporting program services-maximizing community impact without overhead deductions.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 94% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up. 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: 20
  • Transparency & Controls: 100
  • Sustainability: 34
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 19.6%; rating input score 20
  • Program expense ratio: 20%; rating input score 20

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 2.2%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.73; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 52.9%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 11.4% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: -2.3% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -1.6% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 19.6% of revenue deployed · 20% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $27K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2019 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.

  • High — Financial Efficiency: Mission deployment rate scored 20/100.
  • High — Financial Efficiency: Program expense ratio scored 20/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.