Lorain County Office on Aging
Nonprofit profile at a glance
- EIN
- 341136543
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Elyria, OH, USA
- Phone
- 4403264800
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,345,330
- Expenses
- $2,369,610
- Assets
- $1,305,763
- Liabilities
- $519,507
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- DEBORAH SHELDON (PRESIDENT)
- DOUGLAS VENTLING (VICE PRESIDENT)
- NICOLLE BELLMORE PIERSE (EXECUTIVE DIRECTOR)
Highest reported compensation
- NICOLLE BELLMORE PIERSE (EXECUTIVE DIRECTOR): $75,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To preserve and enhance the well being of lorain countys older adults and adults with special needs by promoting their independence and community awareness and by utilizing
What it reported doing in 2024
Aging & disability resource network (adrn) is a comprehensive service offerred to adults who are 60+ years or disabled and experiencing challenges and issues that are making it difficult to remain self-sufficient and safely in their homes. The program is a starting point to obtain community services and support needed to address barriers and help vulnerable aging and disabled lorain county residents to remain independent in community settings. Services include: (1) benefits assistance, (2) information & assistance and (3) options counseling to help at-risk individuals address barriers to remaining independent in community settings. Homemaker - provides homemaking services such as grocery shopping, meal preparation, laundry and light housekeeping to support safety and independence for those unable to maintain a safe, clean home without assistance. Assisted transportation - provides seniors with free transportation to their medical appointments.
Operating model
- Revenue model
- Grant-funded. 80% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 93% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.4%; rating input score 87
- Program expense ratio: 86.4%; rating input score 86
- Fundraising efficiency: $658.3 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings
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: 100%; rating input score 100; 72nd 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; 63rd percentile among comparable filings
- Governance controls: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.55; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 3.2%; rating input score 68; 68th percentile among comparable filings
Growth
- Program expense growth: 42.3% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 33.5% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 17% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 87.4% of revenue deployed · 86.4% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $2M in reported program spending
- Leadership: top reported pay $75K · 15 people listed
- Consistency: 35 of 35 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 29/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.