Miami County Continuum of Care

Nonprofit profile at a glance

EIN
272135208
IRS 990 coverage
2015–2023
Forms available
Form 990 2023, Form 990-N 2014
Location
Troy, OH, USA
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Family Services

Reported finances

Revenue
$12,674
Expenses
$21,130
Assets
$5,000
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • REBECCA SOUSEK (PRESIDENT)

People named in this filing

  • SARAH BAKER (TRUSTEE)
  • TERRI BECKER (TRUSTEE)
  • BARBARA HOLMAN (VICE-PRESIDE)

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

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide for increased communication and coordination of care among social service providers in miami county; to increase funding for needed services through grants, gifts, collaborations and other resources; and to help meet the human needs of the most vulnerable in miami county including housing, transportation, health, education and more.

What it reported doing in 2023

Established in 1990 and granted tax exemption status in 2015, the miami county continuum of care works to implement a coordinated, community-wide response to homelessness in miami county, Ohio. Lead by a board of directors, who represent diverse community agencies, local government, faith-based programs, etc., members of this collaborative group work together to identify needs, share resources, and deliver housing and support services to homeless individuals and families and those at-risk of becoming homeless. Ongoing, regular collaborative meetings are held to strengthen interagency collaborations and to improve access to services for anyone in need. Training is provided to ensure social service providers and community members are aware of the services available to assist individuals and families in miami county, Ohio and how to access them. Throughout the year, emphasis is placed on addressing the needs of vulnerable populations, including those dealing with higher service needs and/or those who facing additional barriers towards breaking free from homelessness, including senior citizens, veterans, victims of domestic violence and individuals with disabilities. Efforts are made to provide wrap-around services for higher need populations and to ensure that they receive access to individualized support. Annually, a point in time count (pit) is completed by the miami county continuum of care to document the number of homeless individuals in the county, to identify emerging trends, and to report data to local, state and federal funders.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 31
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -66.7%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.24; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 3.7% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 2.3% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: -5.8% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 6 of 6 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $21K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2015 to 2023
  • 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 — Accountability: Governance controls: 5 of 6 not reported.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • High — Growth: Asset growth scored 0/100.