Family Promise of Lorain Countyinc
Nonprofit profile at a glance
- EIN
- 205804251
- IRS 990-EZ coverage
- 2011–2018
- Forms available
- Form 990 2016, Form 990-EZ 2018
- Location
- Oberlin, OH, USA
- Phone
- 4402840494
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Homeless Centers
Reported finances
- Revenue
- $110,424
- Expenses
- $399,559
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- DIANE DEPOULD (PRESIDENT)
People named in this filing
- DIANE DEPOULD (PRESIDENT)
- JACK KUBICKI (VICE PRESIDE)
- LORNA INGERSOLL (TREASURER)
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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Emergency shelter service - to help address the needs of homeless families in lorain county providing shelter, meals, and support services to families without homes.
What it reported doing in 2018
Emergency shelter services - to help address the needs of homeless families in lorain county providing shelter, meals, and support services to families without homes.
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 81% 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: 95
- Transparency & Controls: 82
- Sustainability: 3
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 86.5%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -261.8%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 8.1%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 5.8% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: -4.7% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 19.6% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 86.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $346K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2011 to 2018
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 25/100.