Kirkwood Assisted Living Residence

Nonprofit profile at a glance

EIN
330605054
IRS 990 coverage
2010–2016
Forms available
Form 990 2016
Location
Glendale, CA, USA
Phone
8182470420
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Administration of Justice, Courts

Official website

Reported finances

Revenue
$3,450,285
Expenses
$3,443,626
Assets
$5,887,074
Liabilities
$5,196,697

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

28 people listed

Executive titles in this filing

  • JOHN H COCHRANE III (EX OFFICIO/CEO)

Highest reported compensation

  • JOHN H COCHRANE III (EX OFFICIO/CEO): $786,974 total reported compensation
  • DANIEL OGUS (VP OPERATIONS): $555,961 total reported compensation
  • PAM CLAASSEN (CFO): $555,624 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We serve as a community resource in training, providing training facilities, and providing personnel in several areas on a voluntary basis on local committees and task forces.

What it reported doing in 2016

We are available to various not-for-profit community organizations for a number of activities. We provide referral services to families and residents within the area regarding elder care issues. We host monthly support groups for caregivers of dementia victims at no charge. We encourage volunteer service in the community, through the employee population. We provide more than an attractive place to live: they provide this vulnerable segment of the population with a variety of programs to keep them healthy, active and independent. We provide a dietary program with regular nutritious meals, a vital aspect of resident care, since many elderly no longer wish to take the time and effort to plan and cook meals for themselves. Snacks are also offered anytime. A security system is in place to ensure the residents safety and well being at all times, with a 24-hour pendant emergency call service. Other services include wellness support services, social services, recreational activities, spiritual counseling, transportation, housekeeping, and maintenance. An eleven unit secured area for residents with alzheimer and other dementia is available. This area is specially staffed to provide individual programming for up to 16 residents. In an effort to ensure the greatest mobility for all residents, a wheelchair accessible van is provided, enabling them to go with other residents on outings previously inaccessible to them. The total resident population as of december 31, 2016 was 52, of which 24 were in assisted living and 28 were in memory care.

Operating model

Revenue model
Earned-program. 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 89
  • Accountability: 100
  • Sustainability: 40
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.2%; rating input score 92
  • Program expense ratio: 92.4%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.2%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 1.71; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.88; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 8.8%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 11.5% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 1.5% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: -0.1% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 92.2% of revenue deployed · 92.4% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.2M in reported program spending
  • Leadership: top reported pay $787K · 28 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $618K reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 7 filing years from 2010 to 2016
  • Contacts: How to reach this organization
  • Related organizations: 57 filed related-organization links
  • 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.

  • Moderate — Sustainability: Operating margin scored 36/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.