General Baptist Nursing Home Board Inc
Nonprofit profile at a glance
- EIN
- 450521836
- IRS 990 coverage
- 2010–2021
- Forms available
- Form 990 2021
- Location
- Piggott, AR, USA
- Phone
- 8705981020
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,447,711
- Expenses
- $2,107,103
- Assets
- $5,512,622
- Liabilities
- $6,452,523
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- JIM - POOLE (PRESIDENT -)
- SCOTT COLE (CEO)
Highest reported compensation
- SCOTT COLE (CEO): $278,386 total reported compensation
- TRACY COLE (COO): $157,170 total reported compensation
- BRETT MILLIKIN (CFO): $105,257 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support the purposes and charitable mission of its related tax-exempt entities on a non-discriminatory basis regardless of age, ethnicity, religion, sexual preference or ability to pay. The organization provides management, financial and administrative services to its affiliates on a cost plus basis. This management fee is paid yearly and represents the organization's sole source of revenue. The corporation is organized for charitable purposes to provide shelter, housing and facilities of personal care, treatment and comfort of persons who are infirmed, aged, disabled or otherwise in need of such services.
What it reported doing in 2021
To support the purposes and charitable mission of its related tax-exempt entities on a non-discriminatory basis regardless of age, ethnicity, religion, sexual preference or ability to pay. The organization provides management, financial and administrative services to its affiliates.
Operating model
- Revenue model
- Earned-program. 82% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 7
- Transparency & Controls: 77
- Accountability: 81
- Sustainability: 22
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 8.8%; rating input score 9
- Program expense ratio: 6.1%; rating input score 6
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 75th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 83.3%; rating input score 83; 18th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -45.5%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 2.62; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 1.17; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 33.7%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: -12.5% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 8.8% of revenue deployed · 6.1% of spending went to programs
- Governance: 5 of 6 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $128K in reported program spending
- Leadership: top reported pay $278K · 10 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $150K reported
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 4 filing years from 2010 to 2021
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 8 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 9/100.
- High — Financial Efficiency: Program expense ratio scored 6/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- High — Sustainability: Officer compensation ratio scored 5/100.