Independent Living Horizons Three Inc

Nonprofit profile at a glance

EIN
582132833
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Augusta, GA, USA
Phone
7062616184
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Developmentally Disabled Centers

Reported finances

Revenue
$56,935
Expenses
$77,065
Assets
$49,274
Liabilities
$395,776

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

Leadership & pay

10 people listed

Executive titles in this filing

  • DENNIS B SKELLEY (PRESIDENT/CEO)

Highest reported compensation

  • DENNIS B SKELLEY (PRESIDENT/CEO): $133,937 total reported compensation
  • BROCK DANIELS (BOARD CHAIR): $2,700 total reported compensation
  • GERRY OWEN (SECRETARY/TREASURER): $1,500 total reported compensation

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

Overview

Mission

The organization's primary exempt purpose is to provide housing leased to physically handicapped individuals in conjunction with fha rent supplemental contract.

What it reported doing in 2024

During the fiscal year july 1, 2024 - june 30, 2025, two clients were able to live in affordable housing. This allowed individuals with physical disabilities to maintain a happy, independent lifestyle.

Operating model

Revenue model
Earned-program. 100% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 90
  • Accountability: 45
  • Sustainability: 22
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.7%; rating input score 82
  • Program expense ratio: 60.4%; rating input score 60
  • Fundraising efficiency: Limited

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 22.2%; rating input score 22; 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: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -35.4%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.64; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 8.03; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 32.1%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -2.2% per year; rating input score 0; 45th percentile among comparable filings
  • Revenue growth: 0.7% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: -14.2% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 81.7% of revenue deployed · 60.4% of spending went to programs
  • Governance: 2 of 9 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $47K in reported program spending
  • Leadership: top reported pay $134K · 10 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • 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 — Accountability: Independent voting board scored 22/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.