Isaiah 611 Inc

Nonprofit profile at a glance

EIN
061069280
IRS 990 coverage
2014–2018
Forms available
Form 990 2018
Location
Bridgeport, CT, USA
Phone
2033345627
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Half-Way House for Offenders, Ex-Offenders
Affiliation
Christianity

Reported finances

Revenue
$528,147
Expenses
$567,820
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • GARY D RAFSKY (PRESIDENT)
  • ADDIE WILLIAMS (VICE PRESIDENT)
  • EDWARD DAVIES (EXECUTIVE DIRECTOR)

Highest reported compensation

  • EDWARD DAVIES (EXECUTIVE DIRECTOR): $77,487 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Isaiah 61:1, inc is a halfway house ministry guided by christian principles, welcoming all races. Creeds and religions, helping men and women toward wholeness and wellness. Isaiah 61:1, inc cooperates to the fullest extent possible with agengies, both private and governmental, concerned with the well being of those in correctional institutions or who have been involved in the criminal justice system. Isaiah 61:1, inc. Draws the local community's attention to the special needs and concerns of ex-offenders and their families.

What it reported doing in 2018

Isaiah 61:1, inc. Operates three homes with a forty-five bed capacity (male); served clients during the short year ended october 18, 2018. The organization also operates one home with a fifteen bed capacity (female); served clients during the short year ended october 18, 2018. The organization provides treatment and rehabilitation services for the male and female residents of the program. Isaiah 61:1, inc. Works with local human services organizations and religious groups in providing the best available support and services to the residents.

Operating model

Revenue model
Grant-funded. 94% of the money available for current operations came from government grants.
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. The required major-donor schedule is missing or incomplete and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 69
  • Accountability: 90
  • Sustainability: 11
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.5%; rating input score 91
  • Program expense ratio: 85.1%; rating input score 85
  • Fundraising efficiency: $104.35 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -7.5%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 13.6%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: -16.1% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -16.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -31.7% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 91.5% of revenue deployed · 85.1% of spending went to programs
  • Governance: 7 of 7 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $483K in reported program spending
  • Leadership: top reported pay $77K · 8 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 5 filing years from 2014 to 2018
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Transparency & Controls: Major donor itemization scored 0/100.
  • High — Sustainability: Operating margin scored 18/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 24/100.