Shepherd's Center of Greater Winston-Salem Inc

Nonprofit profile at a glance

EIN
561646960
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Winston Salem, NC, USA
Phone
3367480217
Rating
90
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$1,223,725
Expenses
$1,022,542
Assets
$2,035,598
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Highest reported compensation

  • Samuel C Matthews Executive Directo (1220 Forsyth St. Winston Salem, NC 27101): $77,000 total reported compensation
  • Melissa Smith Associate Executive D (3814 Country Club Road, Apt. L, Winston-Salem, NC 27104): $68,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote and support successful aging by providing direct services, volunteer opportunities and enrichment programs for older adults. During 2024, over 8,300 older adults were served through the Faith In Action Care and Vital Living Senior Center program areas.

What it reported doing in 2024

Faith In Action Care Program - 22,973 service requests were received from 3,808 older adults for transportation to medical appointments and grocery shopping (17,038 requests; 2,567individuals), minor home repair (1,234 requests; 725 individuals), visitation and respite care (2,782 requests; 292 individuals), the Saturday Night Fellowship Program offered in collaboration with over 15 congregations (448individuals), and the Family Caregiver Training (Powerful Tools for Caregivers) which had 177 requests from 64 individuals. The program also coordinated the Coalition of Ministries with Older Adults which brings together representatives of congregations and agencies serving older adults which meets monthly for networking and education.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 100
  • Accountability: 95
  • Sustainability: 66
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.8%; rating input score 78
  • Program expense ratio: 92.6%; rating input score 93
  • Fundraising efficiency: $59.47 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings

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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 16.4%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 1.99; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 14.2%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 9.3% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 10% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 77.8% of revenue deployed · 92.6% of spending went to programs
  • Governance: 19 of 19 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $946K in reported program spending
  • Leadership: top reported pay $77K · 21 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 25/100.