Episcopal Retirement Communities Foundation

Nonprofit profile at a glance

EIN
912131903
IRS 990-EZ coverage
2021–2025
Forms available
Form 990 2020, Form 990-EZ 2025
Location
Bremerton, WA, USA
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution
Affiliation
Christianity

Reported finances

Revenue
$4,907
Expenses
$40,165
Assets
$243,889

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Beverly Maine (CEO President)

People named in this filing

  • Collum Liska (Chair0)
  • George Robertson (Secretary Treasurer)
  • Beverly Maine (CEO President)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Episcopal Retirement Communities Foundation is a 501c3 organization operating in tandem with Episcopal Retirement Communities ERC and is committed to the long term care and support of moderate to low-income senior citizens in the Pacific Northwest. The Foundation was created in 2002 after careful consideration by the ERC Board of its ability to meet the financial needs of its communities and to provide the means to take advantage of potential growth opportunity.

What it reported doing in 2025

These are expenses to support the communities and services of Episcopal Retirement Communities - a 501c3 nonprofit.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as 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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -718.5%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 6.07; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 26.2% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: -66.6% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 2.2% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $40K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 1 filed related-organization link
  • 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 — Sustainability: Operating margin scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.