Keswick Pines Inc

Nonprofit profile at a glance

EIN
521761391
IRS 990 coverage
2010–2021
Forms available
Form 990 2021
Location
Whiting, NJ, USA
Phone
7328490400
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Supportive Housing for Older Adults

Official website

Reported finances

Revenue
$19,824,900
Expenses
$17,785,768
Assets
$28,869,676
Liabilities
$25,503,830

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • ERIC GHAUL (CEO)

Highest reported compensation

  • ERIC GHAUL (CEO): $204,328 total reported compensation
  • GEORGINA BAVAIS (CFO): $181,433 total reported compensation
  • PATRICIA POLCHAK (HEALTHCARE ADMINISTRATOR): $162,900 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Guided by christian principles, the pines at whiting seeks to build a caring and respectful community of trustees, residents and staff that serves the physical, social, emotional and spiritual needs of senior adults through residential living and health care.

What it reported doing in 2021

Keswick pines, inc., dba the pines at whiting (the pines), offers independent living apartments with 24 hour emergency call service and home care supportive services as well as health care services including: assisted living, memory support, skilled nursing/rehabilitation and long term care programs. In 2021, the pines has served 185 independent living residents, 53 assisted living residents (23 of whom were in memory care), and 44 nursing home residents. In 2021, the total amount of forgiven revenue was $234,131.continued on schedule o.during 2021, the pines made contributions to the greater whiting area community. These community outreach activities included: - $700 sponsorship of america's keswick hot air balloon event- america's keswick annual donation of $3,000- annual donation to cws crops hunger walk for community-led interfaith events to raise funds to end hunger locally and internationally- $500 donation to manchester township's thanksgiving food drive to help buy gift cards for 256 families, of whom 242 were seniors, residing in manchester.overall, the pines program to serve others benefitted seniors, community members and students by supporting their talents, giving information to improve the quality of life, and helping people to better understand and appreciate senior adults.

Operating model

Revenue model
Earned-program. 83% 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. Assets have declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 73
  • Accountability: 95
  • Sustainability: 51
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.5%; rating input score 81
  • Program expense ratio: 87.2%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 13th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 83%; rating input score 83; 17th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 10.3%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 1.62; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0.88; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 5.2%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 0.9% per year; rating input score 100; 22nd percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 19th percentile among comparable filings
  • Asset growth: -2.2% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 80.5% of revenue deployed · 87.2% of spending went to programs
  • Governance: 11 of 11 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $15.5M in reported program spending
  • Leadership: top reported pay $204K · 17 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.5M reported
  • Consistency: 36 of 37 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2010 to 2021
  • Contacts: How to reach this organization
  • Money network: 6 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 — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.