Virginia United Methodist Homes

Nonprofit profile at a glance

EIN
270185201
IRS 990 coverage
2009–2012
Forms available
Form 990 2012
Location
Richmond, VA, USA
Phone
8044748700
Rating confidence
Limited
Sector
Residential Care & Adult Day Programs
Affiliation
Christianity

Reported finances

Revenue
$3,044
Expenses
$180
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

6 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of vumhso is to support and assist Virginia united methodist homes, inc. And its affiliated entity, Virginia united methodist homes of williamsburg, inc., in the achievement of their respective missions of providing facilities, services and programs to enhance the quality of life for older persons.

What it reported doing in 2012

Vumhso is a 509(a)(3) supporting organization established in 2009 to accept, receive, manage and distribute real and personal property to assist in the accomplishment of the purposes of (i) Virginia united methodist homes, inc., a Virginia non-stock corporation, public charity and non-private foundation under sections 501(c)(3) and 509(a) of the internal revenue code, and (ii) its affiliated entity, Virginia united methodist homes of williamsburg, inc., which is also a public charity and non-private foundation under sections 501(c)(3) and 509(a) of the internal revenue code.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
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.

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: 88
  • Accountability: 68
  • Sustainability: 47
  • Growth: 0

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; 60th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 25th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • 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: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 94.1%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -35.2% per year; rating input score 0; 24th percentile among comparable filings
  • Asset growth: -20% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 4 of 5 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $180 in reported program spending
  • Leadership: top reported pay $325K · 6 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 7 of 7 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 4 filing years from 2009 to 2012
  • Related organizations: 3 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.

  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.