Tower of Refuge Inc
Nonprofit profile at a glance
- EIN
- 203797656
- IRS 990-EZ coverage
- 2013–2013
- Forms available
- Form 990 2012, Form 990-EZ 2013, Form 990-N 2008
- Location
- Springfield, IL, USA
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Rehabilitation Services for Offenders
Reported finances
- Revenue
- $171,514
- Expenses
- $165,880
- Assets
- $15,790
- Liabilities
- $6,162
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Lorenzo Louden (President)
People named in this filing
- Lorenzo Louden (President)
- Bevey Louden (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide reentry and transitional services for ex-offenders
What it reported doing in 2013
Community Support Advisory Council (CSAC)Addresses how to overcome existing reentry barriers in sangamon county' including assiting ex-offenders with employment , life skills, IDs, housing, computer skills, family reunification, cognitive adjustments to society, tutoring for GED and other services.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.7%; rating input score 97
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.3%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 37.6%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -29.3% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: 59.2% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 96.7% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $166K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- 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.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.