Lutheran Care Center

Nonprofit profile at a glance

EIN
410876706
IRS 990 coverage
2010–2013
Forms available
Form 990 2013
Location
Little Falls, MN, USA
Phone
3206329211
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Nursing, Convalescent Facilities
Affiliation
Christianity

Official website

Reported finances

Revenue
$2,852,548
Expenses
$2,241,970
Assets
$2,543,859
Liabilities
$3,677,303

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

8 people listed

Highest reported compensation

  • SCOT ALLEN (ADMINISTRATOR): $79,057 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide quality care and services to our residents emphasizing the whole person: medically, spiritually and socially.

What it reported doing in 2013

Lutheran care center, inc., operates a 55-bed nursing facility and a 42-bed congregate housing and assisted living facility for the elderly of the little falls, Minnesota area. The organization also provides services designated to meet the physical, social, and psychological needs of the residents.lutheran care center and bridgeway estates were sold to st. Francis health services of morris, inc. On 12/31/13. Operations ceased as of this date, however the company was not dissolved until 10/15/14.

Operating model

Revenue model
Earned-program. 88% 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. Revenue has declined or grown slowly and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 90
  • Accountability: 84
  • Sustainability: 62
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.7%; rating input score 79
  • Program expense ratio: 94%; rating input score 94
  • 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; 65th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 21.4%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 1.13; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 1.45; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 3.5%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -14.7% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -13.8% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 78.7% of revenue deployed · 94% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.1M in reported program spending
  • Leadership: top reported pay $79K · 8 people listed
  • Highest-paid contractors: 1 contractor listed · $257K reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 4 filing years from 2010 to 2013
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.