Interfaith Service Coalition of Hancock Maryland Inc

Nonprofit profile at a glance

EIN
521679419
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Hancock, MD, USA
Phone
3016786605
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Interfaith

Reported finances

Revenue
$585,795
Expenses
$452,922
Assets
$1,192,262
Liabilities
$13,926

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

Leadership & pay

10 people listed

Executive titles in this filing

  • JERRY SPESSARD (PRESIDENT)
  • LINDA MCCARTY (VICE PRESIDENT/TREASURER)
  • DEBORAH S COHILL (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DEBORAH S COHILL (EXECUTIVE DIRECTOR): $78,914 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 assists local individuals and families in need: physically, economically, emotionally, and spiritually. This is done without restriction to race, religious belief, national origin, gender, age, handicap, or political affiliation. In providing assistance, the organization is committed to promoting individual dignity and self-worth and to encouraging and supporting individuals and families in helping themselves and others.

What it reported doing in 2024

Good samaritan house and main street house - the good samaritan house opened in the fall of 2008 and the main street house opened in the winter of 2015 and serve as transitional housing. Victims of distaster are provided short term housing at reduced cost while working with the isc and other agencies to find suitable permanent housing. One half of the good samartian house and the main street house is rented at or below market rental rate to a low income individual/family who serves as a caretaker of the property.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 86
  • Accountability: 63
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.5%; rating input score 70
  • Program expense ratio: 89.9%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 12th 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: 90%; rating input score 90; 23rd percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 22.7%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 2.63; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 67; 67th percentile among comparable filings
  • Officer compensation ratio: 17.4%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 8.7% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 5.5% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 69.5% of revenue deployed · 89.9% of spending went to programs
  • Governance: 9 of 10 board members independent · 2 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $407K in reported program spending
  • Leadership: top reported pay $79K · 10 people listed
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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: Governance controls: 6 of 8 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 18/100.