Presbyterian Home Quitman Retirement Inc
Nonprofit profile at a glance
- EIN
- 020708789
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Quitman, GA, USA
- Phone
- 2292636191
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
- Affiliation
- Christianity
Reported finances
- Revenue
- $238,240
- Expenses
- $194,259
- Assets
- $2,257,001
- Liabilities
- $989,847
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- ALEX PATTERSON (PRESIDENT/CEO)
Highest reported compensation
- ALEX PATTERSON (PRESIDENT/CEO): $435,340 total reported compensation
- RHETT PARTIN (COO): $291,113 total reported compensation
- CHAD PEARCE (CFO): $217,995 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Presbyterian home, quitman, retirement is a christian ministry providing exceptional services to enhance the quality of life for senior adults.
What it reported doing in 2024
Presbyterian home, quitman, retirement operates facilities which include 8 cluster homes, 1 cottage home, and 2 villas. Residents are served regardless of ability to pay.
Operating model
- Revenue model
- Earned-program. 69% 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 67
- Accountability: 95
- Sustainability: 62
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44.4%; rating input score 44
- Program expense ratio: 71.3%; rating input score 71
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 91.7%; rating input score 92; 25th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18.5%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 11.62; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0.44; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 56.9%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -12.8% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -5.9% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -1.6% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 44.4% of revenue deployed · 71.3% of spending went to programs
- Governance: 11 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $139K in reported program spending
- Leadership: top reported pay $435K · 14 people listed · 0 of 6 pay-setting controls reported
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes executive pay and related organizations
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 7 filed related-organization links
- 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 — Financial Efficiency: Mission deployment rate scored 44/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- 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 3/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.