South Louisville Community Ministries Inc
Nonprofit profile at a glance
- EIN
- 310891259
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Louisville, KY, USA
- Phone
- 5023617763
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,334,747
- Expenses
- $2,227,370
- Assets
- $1,342,879
- Liabilities
- $52,905
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- MICHAEL T CHINIGO (PRESIDENT)
Highest reported compensation
- CLARE RUTZ (EXECUTIVE DI): $104,079 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 empower our neighbors in crisis to move toward stability and self- sufficiency. We do this by demonstrating respectful compassion; practicing faithful stewardship; and providing: -emergency assistance with food, medicine, housing and utilities -comprehensive referral services and partnerships (individual, family and marriage counseling) -daily enrichment services for senior adults
What it reported doing in 2024
The emergency assistance program works to meet the basic individual needs of those families in the south end who are facing a financial crisis. The program works to stabilize the family by providing financial assistance with utility bills payments and medical needs. For those neighbors in case management through our neighbor network, we are able to provide assistance for additional needs as well, for example transportation and clothing items, needed for work placement as well as expansive resource navigation and advocacy. The emergency assistance program receives inquiries for financial assistance from around 200 families each month, and this program assists in providing not only financial assistance but referral services to those families as well. For example, slcm sends weekly resource newsletters to over 5,800 individuals. In addition, the program maintains an extensive, full "choice" selection dare to care pantry that distributes canned goods, frozen meat products, refrigerated dairy products, fresh produce, infant supplies, clothing vouchers, tarc passes, pet food, and personal hygiene/household items. Over the last year, the pantry has been serving around 280 food orders monthly. Funding and in-kind donations for this emergency assistance program comes from supporting churches, metro louisville government, dare to care food bank, special grants, local businesses and foundations, and individuals.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 61% for direct work, and 39% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.3%; rating input score 91
- Program expense ratio: 95.5%; rating input score 95
- Fundraising efficiency: $53.38 raised per $1 spent on fundraising; rating input score 79; 79th 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: 100%; rating input score 100; 72nd percentile among comparable filings
- 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: 4.6%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 4.7%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 10.6% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 10.8% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 26.8% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 91.3% of revenue deployed · 95.5% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $2.1M in reported program spending
- Leadership: top reported pay $104K · 16 people listed
- Consistency: 34 of 34 current checks pass
- Schedules: 8 filed schedules · includes major donors and grants
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Sustainability: Operating margin scored 49/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Officer compensation ratio scored 56/100.