Mission Convalescent Home Inc Old Folks Mission Center Inc
Nonprofit profile at a glance
- EIN
- 620729817
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024
- Location
- Jackson, TN, USA
- Phone
- 7314242951
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $4,200,205
- Expenses
- $4,216,782
- Assets
- $3,018,918
- Liabilities
- $248,068
Source: IRS Form 990. Selected filing: tax year 2024. 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): $111,441 total reported compensation
- JAMES E CHERRY (ASST ADMINIS): $105,674 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the organization is to deliver "uncompromised quality health care" to residents on a daily basis. The organization is a church related nursing home providing 24 hour care for elderly patients who are chronically ill or disabled. In-patient rehabilitation therapy and hospice services are also offered.
What it reported doing in 2024
Maintaining and providing high quality skilled nursing care and assistance with daily living activities to patients who require long-term care or short-term rehabilitation services.
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: 36
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.8%; 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; 63rd 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: -0.4%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.72; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 62; 62nd percentile among comparable filings
- Officer compensation ratio: 5.1%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 4.5% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: -1% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.8% of spending went to programs
- Governance: 10 of 10 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $4.2M in reported program spending
- Leadership: top reported pay $111K · 10 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 2 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.