Great Lakes Clinic and Healing Institute

Nonprofit profile at a glance

EIN
464730005
IRS 990 coverage
2014–2015
Forms available
Form 990 2015
Location
Lyndhurst, OH, USA
Phone
4409950555
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health Treatment Facilities, Primarily Outpatient

Reported finances

Revenue
$499,021
Expenses
$1,112,602
Assets
$894,397
Liabilities
$46,930

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • DR RONALD CASSELBERRY MD (VICE PRESIDENT)
  • WAYNE A PINKSTAFF (PRESIDENT)
  • MARY JO RUGGIERI PHD (PRESIDENT OF SCHOOL)

Highest reported compensation

  • MARY JO RUGGIERI PHD (PRESIDENT OF SCHOOL): $125,000 total reported compensation
  • J RANDALL VESCO CPA (CONTRACTED CFO): $56,322 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to serve as an incubator for individuals and start-up businesses interested in providing complementary and alternative medicine (cam) services to the community throughout northeast Ohio.

What it reported doing in 2015

Facility and equipment leasing - vital health partners (vhp), a for-profit healthcare organization owned by 2 board members of the organization, was secured as a tenant. Vhp leases 40% of the space and parker hannifin school occupied the rest.

Operating model

Revenue model
Earned-program. 82% of the money available for current operations came from fees and other program revenue.
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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 92
  • Accountability: 67
  • Sustainability: 20
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 70%; rating input score 70
  • Fundraising efficiency: $1.97 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 18th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: -123%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 16.3%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 176.7% per year; rating input score 100; 100th percentile among comparable filings
  • Revenue growth: -105.5% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -67.9% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 70% of spending went to programs
  • Governance: 6 of 8 board members independent · 5 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $779K in reported program spending
  • Leadership: top reported pay $125K · 10 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 2 filing years from 2014 to 2015
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Fundraising efficiency scored 9/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.