Kent-cook Institute Inc

Nonprofit profile at a glance

EIN
811345600
IRS 990-EZ coverage
2016–2020
Forms available
Form 990-EZ 2020
Location
Mooresville, NC, USA
Phone
7045160186
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
University or Technological Institute

Reported finances

Revenue
$47,660
Expenses
$72,084
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • HEIDI KENT STOLLON (PRESIDENT)

People named in this filing

  • HEIDI KENT STOLLON (PRESIDENT)
  • MARSHA COOK (VP/SECRETARY)
  • GARY COOK (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kent-cook institute is a school of metaphysics, mysticism and healing. It teaches principles of metaphysics. It's mission is to provide education and training to students that are gifted as mediums and to all students interested in metaphysics.

What it reported doing in 2020

Contribution to camp chesterfield

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
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. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 82
  • Sustainability: 10
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.8%; rating input score 80
  • Program expense ratio: 52.8%; rating input score 53

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -51.2%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 29.6%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 2.5% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: -2.7% per year; rating input score 0; 55th percentile among comparable filings
  • Asset growth: 5.7% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 79.8% of revenue deployed · 52.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $38K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2016 to 2020
  • Contacts: How to reach this organization
  • Money network: 3 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.

  • Review — Financial Efficiency: Program expense ratio scored 53/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.