New Oaks Community Inc
Nonprofit profile at a glance
- EIN
- 272834260
- IRS 990 coverage
- 2015–2022
- Forms available
- Form 990 2022, Form 990-EZ 2014
- Location
- Hamilton, OH, USA
- Phone
- 5136589611
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Foster Care
Reported finances
- Revenue
- $73,430
- Expenses
- $137,522
- Assets
- $915,444
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- TIMOTHY MACDONALD (PRESIDENT)
People named in this filing
- JEFF CASTATOR (TREASURER)
- MICHAEL DINGELDEIN (DIRECTOR)
- STEVEN GEBHART (DIRECTOR)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
New oaks community, inc. (the organization) seeks to develop properties where families can live in community and unite in heart for the common purpose of loving children through foster care and adoption. Our desire is that abandoned or neglected children will find a home where they can experience the true love of god, to understand they were born with great purpose, and to be set free to live out their destiny. By planting seeds of unconditional love in their heart, the orphans of our times can become "new oaks" - firmly rooted in family and a contributing part of the community.
What it reported doing in 2022
Primary accomplishment of new oaks community in 2019 is the progressive restoration of the main house and surrounding property as a phase 2 step in building a foster care family community. This work is made possible by numerous individuals volunteering their time, talent, and resources to enable the vision/mission of new oaks community. Ultimately our program service work will fully begin once the buildings and property projects are complete. Expenditures of 118,698 for this restoration have been capitalized and added to the basis of buildings and land on the balance sheet.
Operating model
- Revenue model
- Donor-supported. 78% 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 revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 64
- Sustainability: 43
- Growth: 60
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: -87.3%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 6.66; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 70; 70th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: 27.9% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: -0.9% per year; rating input score 0; 60th percentile among comparable filings
- Asset growth: 13.1% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 8 of 8 board members independent · 1 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $138K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2015 to 2022
- 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.
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 — Accountability: Governance controls: 5 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 27/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.