The Larkin Center
Nonprofit profile at a glance
- EIN
- 362170144
- IRS 990 coverage
- 2011–2011
- Forms available
- Form 990 2011
- Location
- Elgin, IL, USA
- Phone
- 8476955656
- Rating confidence
- Limited
- Sector
- Housing Support
Reported finances
- Revenue
- $8,937,039
- Expenses
- $8,843,290
- Assets
- $3,572,776
- Liabilities
- $3,206,330
Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
10 people listed
Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's mission is "teaching skills - changing lives" by providing services to enhance a person's intellectual, emotional, vocational, physical, and spiritual capabilities.
What it reported doing in 2011
Transitional skills center, adult transitional living program, community counseling programs
Operating model
- Revenue model
- Grant-funded. 95% of the money available for current operations came from government grants.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 95
- Sustainability: 38
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 59th 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; 65th 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: 1%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0.9; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 1.1%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 10 of 10 board members independent · 7 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $7.9M in reported program spending
- Leadership: top reported pay $101K · 10 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
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.
- Moderate — Sustainability: Operating margin scored 45/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.