The Legacy at North Augusta Inc

Nonprofit profile at a glance

EIN
452857307
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-N 2011
Location
Frederick, MD, USA
Phone
3013542710
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Supportive Housing for Older Adults

Official website

Reported finances

Revenue
$7,009,638
Expenses
$9,974,488
Assets
$24,039,136
Liabilities
$29,008,748

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

Leadership & pay

6 people listed

Executive titles in this filing

  • CYNTHIA WALTERS (PRESIDENT/CEO)
  • DONNA CASNER (VICE PRESIDENT FINANCE)

Highest reported compensation

  • CYNTHIA WALTERS (PRESIDENT/CEO): $497,990 total reported compensation
  • DONNA CASNER (VICE PRESIDENT FINANCE): $239,617 total reported compensation

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

Overview

Mission

The legacy at north augusta, inc. In order to fulfill its christian ministry, is organized for the purpose of providing an array of options for seniors, including residential living and home and health services, which are designed to meet individual needs.

What it reported doing in 2024

Residential care and assisted living: the legacy at north augusta, a national lutheran community, is licensed by the commonwealth of Virginia to provide residential care and assisted living services to up to 135 residents. The legacy at north augusta provides services in 121 residences, including 18 dementia care residences.those who require living assistance receive services in the comfort and security of their private apartments. The legacy at north augusta's goal is to optimize and enrich the lifestyle of those who live with assistance by ensuring sufficient support, security and socialization. We offer this convenience because it is our belief that by preserving the dignity of those in our care, we can better support and encourage their vitality. In fact, we are one of the only communities in the area that helps couples stay together longer.our goal is to optimize and enrich the lifestyles of those who live with assistance; thus, our assisted living and connectedliving life enrichment programming are tailored to better meet out residents' needs and coincide with their preferred schedules-an important consideration. Our residents enjoy choices in restaurant-quality dining, educational and wellness programs, resident-led events, and social occasions.our assisted living services are designed to provide support, security and socialization, and are tailored to individual needs. We provide assistance with the activities of daily living (adls), which include everyday tasks such as eating, bathing, getting dressed, using the bathroom, shifting positions or moving from room to room. We also provide medication management as well as dementia programming. Daily experiences are tailored based upon what is learned about residents' lives - past jobs, hobbies and relationships - to promote positive emotions while minimizing stress. At the legacy at north augusta, those who require living assistance enjoy more fulfilling lifestyles - all with the freedom of a monthly rent. Here, there's no long-term contract, just a long-term commitment to support and encourage their vitality.

Operating model

Revenue model
Earned-program. 94% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 65
  • Accountability: 83
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 81.9%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 14th 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: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -42.3%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 2.41; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 1.21; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 7.6% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: 8% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 32nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 81.9% of spending went to programs
  • Governance: 4 of 5 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $8.2M in reported program spending
  • Leadership: top reported pay $498K · 6 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 6 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 3/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.