Triad Ministry Inc

Nonprofit profile at a glance

EIN
463520183
IRS 990 coverage
2017–2019
Forms available
Form 990 2019, Form 990-N 2016
Location
Wilmington, DE, USA
Phone
3026551153
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alcohol, Drug and Substance Abuse, Dependency Prevention and Treatment

Official website

Reported finances

Revenue
$616,403
Expenses
$331,890
Assets
$462,756
Liabilities
$983

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • GILLIAN TIMON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • GILLIAN TIMON (EXECUTIVE DIRECTOR): $58,987 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Triad provides counseling, referral and education services to individuals and families who are affected by addiction. We believe that addiction is a treatable disease and we advocate a compassionate, confidential recovery process that restores people to freedom and health

What it reported doing in 2019

Education: host quarterly education seminars and 8 whole hearted living seminars with recovering female addicts.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 36.4%; rating input score 36
  • Program expense ratio: 67.5%; rating input score 68
  • Fundraising efficiency: $11.34 raised per $1 spent on fundraising; rating input score 44; 44th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • 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: Fail

Sustainability

  • Operating margin: 46.2%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 1.39; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
  • Officer compensation ratio: 17.8%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 49.4% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 30.9% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 22.4% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 36.4% of revenue deployed · 67.5% of spending went to programs
  • Governance: 17 of 17 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $224K in reported program spending
  • Leadership: top reported pay $59K · 17 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2017 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 36/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.