Marion Health Care Foundation

Nonprofit profile at a glance

EIN: 208062803
IRS 990-EZ coverage: 2010–2011
Forms available: Form 990-EZ 2011
Location: Rocky River, OH, USA
Phone: 4403332132
Rating: 80
Verdict: STRONG
Rating confidence: Moderate
Sector: Single Organization Support

Reported finances

Revenue: $158,772
Expenses: $167,310
Assets: $14,521

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

4 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide day care services to senior citizens and elderly with physical and/or mental disabilities, as well as structured, comprehensive programs to enhance the health and social well-being of the clients served.

What it reported doing in 2011

Marion adult day care provided services to an average of 8 clients per month, enabling them to remain living at home with family and delaying admission to residential forms of care. The program is open 5 days per week allowing caregivers to work outside the home or provide respite from the stressful task of providing continuous care. The program provides personal care and medical needs during the day as well as encouraging social interaction and stimulation.

Operating model

Revenue model: Earned-program. 100% 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

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: 86
Transparency & Controls: 82
Sustainability: 13
Growth: 80

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 88%; rating input score 88
Program expense ratio: 83.5%; rating input score 84

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -5.4%; rating input score 23; 23rd percentile among comparable filings
Total-asset coverage ratio: 0.09; rating input score 9; 9th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: Limited

Growth

Program expense growth: 6.3% per year; rating input score 100; 53rd percentile among comparable filings
Revenue growth: 37.9% per year; rating input score 100; 86th percentile among comparable filings
Asset growth: -36.7% per year; rating input score 0; 10th percentile among comparable filings

Details

Where the money goes: 88% of revenue deployed · 83.5% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $140K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 7 of 7 current checks pass
Schedules: 2 filed schedules
Filing history: 2 filing years from 2010 to 2011
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.

High — Sustainability: Operating margin scored 23/100.
High — Sustainability: Total-asset coverage ratio scored 9/100.
High — Growth: Asset growth scored 0/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.