Lawrenceburg Community Center Inc

Nonprofit profile at a glance

EIN
260203637
IRS 990 coverage
2010–2020
Forms available
Form 990 2020
Location
Lawrenceburg, IN, USA
Phone
8125323535
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Recreational Centers

Official website

Reported finances

Revenue
$576,131
Expenses
$558,197
Assets
$332,515
Liabilities
$23,225

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

Leadership & pay

10 people listed

Executive titles in this filing

  • TAMMY GREGORY (PRESIDENT)
  • BARB BRANIGAN (VICE PRESIDENT)
  • MARY BETH HEDRICK (FORMER EXECUTIVE DIRECTOR)
  • RICHARD RICHARDSON (CURRENT EXECUTIVE DIRECTOR)

Highest reported compensation

  • MARY BETH HEDRICK (FORMER EXECUTIVE DIRECTOR): $62,181 total reported compensation
  • SWEDE STEIGERWALD (ASSISTANT DIRECTOR): $43,008 total reported compensation

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

Overview

Mission

Provides quality active and passive recreational, educational and social opportunities to members of the community of all ages.

What it reported doing in 2020

Lawrenceburg community center provides a computer room, conference facilities, an exercise room with various types of exercise machines and equipment, a recreational room and a gymnasium. A variety of physical activity programs include aerobics, yoga, interval training, dance, cheerleading clinics, wrestling clinics, basketball leagues and tai kwon do, a program called toddler time, and an after-school program for children that includes homework assistance, a snack, and recreational time to allow for social interaction along with a summer youth program. Educational opportunities include beginner and intermediate level computer classes, beginner oil painting classes, beginner and advanced guitar and photography classes.

Operating model

Revenue model
Grant-funded. 97% of the money available for current operations came from government grants.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 92
  • Accountability: 82
  • Sustainability: 31
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.2%; rating input score 74
  • Program expense ratio: 75.6%; rating input score 76
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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; 63rd percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.1%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0.6; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 55; 55th percentile among comparable filings
  • Officer compensation ratio: 18.8%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: -2.6% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: -4.2% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -6% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 74.2% of revenue deployed · 75.6% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $422K in reported program spending
  • Leadership: top reported pay $62K · 10 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 11 filing years from 2010 to 2020
  • Contacts: How to reach this organization
  • Money network: 2 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 — Accountability: Governance controls: 3 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Review — Sustainability: Liabilities to assets ratio scored 55/100.