Maplewood Senior Living Heart FDN Inc

Nonprofit profile at a glance

EIN
463784259
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024
Location
Westport, CT, USA
Phone
2035574777
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Corporate Foundations

Reported finances

Revenue
$40,011
Expenses
$39,446
Assets
$7,872
Liabilities
$2,553

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • SHANE HERLET (President)
  • THOMAS GASTON (Vice President)

People named in this filing

  • SHANE HERLET (President)
  • ARTHUR MILLER (Treasurer)
  • JILL McGROARTY (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Rooted in maplewood's heart philosophy of caregiving, the maplewood heart foundation is an organization dedicated to providing community support to those in need. The foundation supports maplewood senior living associates and their immediate familiy members during times of extenuating life circumstances, as well as local and national charities through service projects and donations. We believe in taking care of our own and in making a difference in the community.

What it reported doing in 2024

This foundation was developed to support maplewood associates facing family illness, tragedy, death, natural disaster and other unexpected life circumstances. The foundation is based on maplewood senior living's founding principles of 'heart', as its core philosophy for caregiving.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 3
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 3.5%; rating input score 3
  • Program expense ratio: 3.5%; rating input score 4

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 1.4%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.32; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -21.3% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: 8.2% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: -9% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 3.5% of revenue deployed · 3.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2015 to 2024
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 3/100.
  • High — Financial Efficiency: Program expense ratio scored 4/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Moderate — Sustainability: Operating margin scored 48/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.