Ingleside

What it reported doing in 2024

Charitable purpose: caring for seniorsingleside at king farm (ikf) is a faith-based, not-for-profit continuing care retirement community located in rockville, Maryland just north of Washington dc. Ikf offers four levels of distinct care to seniors over the age of 60. Residents live in independent living, assisted living, memory support assisted living, or skilled nursing; all of which are licensed and regulated by the state of Maryland.ikf enhances the lives of all residents through daily life-enrichment programming. Over 4,000 programs are held annually; all focus on the seven dimensions of wellness. Overall, the programs incorporate the physical aspect of wellness centers by endorsing regular exercise, maintaining good nutrition, and avoiding unhealthy behaviors. Ikf promotes physical well-being through regular exercise and stretching programs and offers a personal trainer on campus to provide residents with individual attention. An indoor pool and swimming instruction are also available to residents as a means of helping them stay physically fit. In addition, ikf offers nutritionist services to consult with residents concerning their individual diets.ikf encourages intellectual wellness for residents by offering conversations on current events, opportunities to listen to speakers on a wide variety of subjects, and a chance to participate in the resident council and other community organized committees which offer advice and partnership to the campus administration. For those who are experiencing memory loss, ikf has dedicated staff persons to design and lead special programs to invigorate the mind. Emotional wellness incorporates the concept of believing in oneself, having the ability to cope and adjust to challenges in a healthy way, enjoying life, and staying optimistic in beliefs. Ikf promotes emotional wellness by engaging residents in decision-making processes when appropriate, celebrating their lifetime milestones, and providing a wide variety of activities that appeal to diverse people. For example, residents are encouraged to take a leadership role in creating on-campus programs.continuing care retirement communities (ccrcs) are, by their very nature, social entities enabling relationship development. Traditionally, people who age in ccrcs live longer than those who do not largely because of the social environment and continuing health care. Residents dine together, attend events and activities together, and occupy the same common areas. Residents are not isolated as compared to if they lived alone. Morning mingles and outreach by the welcome committee are important ways of keeping resident engagement vibrant at ikf. People at ikf come from diverse backgrounds with a wide variety of beliefs and ideals and feel free to share these interests with others.there are many dimensions to spiritual well-being and ikf honors all of them. Protestant, catholic, and jewish services are all offered regularly. Beliefs are honored on the world day of prayer. There is a spiritual life committee of members led by the ikf chaplain. The committee focuses on developing an inclusive sense of spirit at ikf. In 2020, ikf hired a second chaplain to enhance the spiritual life of the community. Through its life enrichment programs, people find deeper purpose and meaning in their lives. Ikf offers dance, tai chi, chorus and a variety of activities that awaken the spiritual side of residents.from an environmental wellness perspective, ikf is a leader in energy and environmental design (leed) because we are a (green) certified building. Residents recycle, and ikf has received recycling awards from the county. The beautiful buildings provide residents with a calm and relaxing environment in which to live.charitable purpose: health careikf provides 24 hour emergency support to all residents. For those who live in independent living, a 24 hour, 7 day a week concierge will contact 911 for emergency service. For assisted living, memory support assist

Financial Efficiency

• Mission deployment rate: 83.9%; rating input score 84
• Program expense ratio: 85.8%; rating input score 86
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 77th 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; 77th 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: -0.3%; rating input score 25; 25th percentile among comparable filings
• Total-asset coverage ratio: 5.69; rating input score 87; 87th percentile among comparable filings
• Liabilities to assets ratio: 1.33; rating input score 3; 3rd percentile among comparable filings
• Officer compensation ratio: 2.2%; rating input score 52; 52nd percentile among comparable filings

Growth

• Program expense growth: 7.5% per year; rating input score 100; 61st percentile among comparable filings
• Revenue growth: 9.8% per year; rating input score 100; 76th percentile among comparable filings
• Asset growth: 4.6% per year; rating input score 100; 33rd percentile among comparable filings