Lafayette Lifeplans of Hiawatha Inc

Nonprofit profile at a glance

EIN
582477780
IRS 990 coverage
2015–2016
Forms available
Form 990 2016
Location
Hiawatha, KS, USA
Phone
7852287920
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Nursing Services (General)

Reported finances

Revenue
$3,566,116
Expenses
$3,699,536
Assets
$2,566,299
Liabilities
$5,184,360

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

Leadership & pay

1 person listed

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

Overview

Mission

Operating a nursing home and rehabilitation facility for the elderly in a charitable manner

What it reported doing in 2016

Operating a nursing home and rehab facility for the elderly in a charitable manner for 23,965 patient days during the fiscal year.

Operating model

Revenue model
Earned-program. 99% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 90
  • Accountability: 74
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.4%; rating input score 88
  • Program expense ratio: 85.2%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Limited
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.7%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.69; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 2.02; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 1.6%; rating input score 79; 79th percentile among comparable filings

Growth

  • Program expense growth: 2.4% per year; rating input score 100; 38th percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 88.4% of revenue deployed · 85.2% of spending went to programs
  • Governance: 2 of 2 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.2M in reported program spending
  • Leadership: top reported pay $58K · 1 people listed
  • Highest-paid contractors: 1 contractor listed · $214K reported
  • Consistency: 23 of 23 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2015 to 2016
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 4 of 7 not reported.
  • High — Sustainability: Operating margin scored 21/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.