Mission Convalescent Home Inc
Nonprofit profile at a glance
- EIN
- 620808752
- IRS 990 coverage
- 2011–2018
- Forms available
- Form 990 2018
- Location
- Jackson, TN, USA
- Phone
- 7314242951
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Nursing, Convalescent Facilities
- Affiliation
- Christianity
Reported finances
- Revenue
- $3,352,149
- Expenses
- $3,563,188
- Assets
- $1,806,306
- Liabilities
- $476,564
Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- DUANE E CHERRY (CEO/ADMINIST)
Highest reported compensation
- DUANE E CHERRY (CEO/ADMINIST): $104,625 total reported compensation
- JAMES E CHERRY (ASST ADMINIS): $93,809 total reported compensation
- MICHAEL CHERRY (CHAIRMAN/MAN): $250 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization is a church related nursing home providing 24 hour care for the elderly. In-patient rehabilitation therapy and hospice services are also offered. Its fundamental purpose is to deliver "uncompromised quality health care" to residents on a daily basis.
What it reported doing in 2018
The organization strives to maintain a high quality long-term skilled nursing care facility.
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. 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: 72
- Sustainability: 24
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.7%; rating input score 100
- 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; 64th percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -6.3%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.51; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 1.8% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: -0.8% per year; rating input score 0; 20th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.7% of spending went to programs
- Governance: 10 of 10 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.6M in reported program spending
- Leadership: top reported pay $105K · 10 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2011 to 2018
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- 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.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.