Vibrance Senior Care Inc

Nonprofit profile at a glance

EIN
831278644
IRS 990-EZ coverage
2019–2023
Forms available
Form 990 2022, Form 990-EZ 2023, Form 990-N 2018
Location
Colorado Springs, CO, USA
Phone
7855642880
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Temporary Housing

Official website

Reported finances

Revenue
$14,587
Expenses
$34,394
Assets
$259,272
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Melissa Marts (President)

People named in this filing

  • Melissa Marts (President)
  • ELIZABETH GALBRAITH (VP, SUBJECT MATTERS EXPERT)
  • GLORIA HORNE (SECRETARY, COMMUNITY ADVOCATE)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule o, statement 3

What it reported doing in 2023

Temporary emergency housing for victims of elder abuse or at-risk adults.(Vibrance Senior) 4 Clients served. 1 referral from Dept of Corrections, 2 referrals from El Paso County Adult Protective Services. 1 referral Lake County Adult Protective Services. These individuals were rescued from immediate homelessness, while safe, long term solutions were sought. Outcomes: 1 client to independent apartment, 1 client reunited with and housed by family in Chicago area, 1 client to assisted living, 1 client transitioned to Vibrant Senior Cares permanent housing programs.

Operating model

Revenue model
Earned-program. 98% 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

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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 81.2%; rating input score 81

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -135.8%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 7.54; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -12.3% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -37.8% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 24.3% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 81.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $28K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2019 to 2023
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 7/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.