Wadsworth Chapel Heritage Partners

Nonprofit profile at a glance

EIN
845181165
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-EZ 2020
Location
Los Angeles, CA, USA
Phone
2135422600
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$216,308
Expenses
$0
Assets
$1,250,619
Liabilities
$78,128

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

Leadership & pay

11 people listed

Executive titles in this filing

  • STEPHEN PECK (PRESIDENT & CEO)

People named in this filing

  • STEPHEN PECK (PRESIDENT & CEO)
  • DANIEL T WARZENSKI (CFO/TREASURER)
  • LEAH WANG (SECRETARY (THRU 12/24))

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Wadsworth chapel heritage partners's mission is to rehabilitate, renovate, restore and operate the wadsworth chapel on the campus of the west los angeles veterans administration campus to provide services that principally benefit veterans (continued on schedule o)and their families. These services include the promotion of health and wellness (including spiritual wellness), educational programming, vocational training, skills building, other trainings related to employment for veterans and their families, peer activities, socialization, community building, volunteerism, and family support services. The wadsworth chapel will also serve as the home of a first-of-its-kind center of moral injury, focused on healing the moral, ethical, and spiritual wounds of war, fostering new research and developing more holistic care of veterans going beyond clinical diagnosis. These services will prioritize positive impacts to the most vulnerable (disabled) veterans.

What it reported doing in 2024

Wadsworth chapel heritage partners's mission is to rehabilitate, renovate, restore and operate the wadsworth chapel on the campus of the west los angeles veterans administration campus to provide services that principally benefit veterans and their families. These services include the promotion of health and wellness (including spiritual wellness), educational programming, vocational training, skills building, other trainings related to employment for veterans and their families, peer activities, socialization, community building, volunteerism, and family support services. The wadsworth chapel will also serve as the home of a first-of-its-kind center of moral injury, focused on healing the moral, ethical, and spiritual wounds of war, fostering new research and developing more (continued on schedule o)holistic care of veterans going beyond clinical diagnosis. These services will prioritize positive impacts to the most vulnerable (disabled) veterans. Proposed services with be carefully coordinated with the u.s. Department of veterans affairs. Wadsworth chapel's original function and beauty and rehabiliate the interior as well as the exterior.

Operating model

Revenue model
Grant-funded. 92% of the money available for current operations came from government grants.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - 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 liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 4
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0.06; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: 12.1% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 45.5% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: 8 of 8 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 14 of 14 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2021 to 2024
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.