New Directions for Living Inc

Nonprofit profile at a glance

EIN
341485922
IRS 990-EZ coverage
2012–2017
Forms available
Form 990-EZ 2017
Location
Concord, OH, USA
Phone
4403574400
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Family Violence Shelters

Official website

Reported finances

Revenue
$82,638
Expenses
$120,489
Assets
$342,623
Liabilities
$1,772

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • GWEN CORBAN (EXECUTIVE DIRECTOR)

People named in this filing

  • DAVE BENNETT (CHAIR)
  • MARY MCKERNAN GRYZMALA (VICE CHAIR)
  • JON FOX (SECRETARY)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization was founded in 1981 for the purpose of establishing, maintaining, and operating transitional living facilities for individuals and families who need time, training, and support to prepare themselves to become independent, self-sufficient, and contributing members of the community.

What it reported doing in 2017

New directions for living, inc. Owned and managed several residential properties that were leased to individuals who require time, training, and support to prepare themselves to become independent, self-sufficient, and contributing members of the community.

Operating model

Revenue model
Earned-program. 75% 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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 89.1%; rating input score 89

Transparency & Controls

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

Sustainability

  • Operating margin: -45.8%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 2.84; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 18.9%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -6.2% per year; rating input score 0; 35th percentile among comparable filings
  • Revenue growth: -8.9% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: -6.9% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 89.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $107K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2012 to 2017
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.