Weingart Center Association
Nonprofit profile at a glance
- EIN
- 956054617
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Los Angeles, CA, USA
- Phone
- 2136279000
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Homeless Shelters
Reported finances
- Revenue
- $89,670,812
- Expenses
- $54,983,569
- Assets
- $235,132,171
- Liabilities
- $161,675,121
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- KEVIN MURRAY (PRESIDENT CEO)
Highest reported compensation
- KEVIN MURRAY (PRESIDENT CEO): $505,189 total reported compensation
- TONJA BOYKIN (CHIEF OPERATING OFFICER): $337,481 total reported compensation
- BEN ROSEN (VP OF REAL ESTATE): $226,787 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The weingart center association empowers and transforms lives by delivering innovative solutions to combat poverty and break the cycle of homelessness.
What it reported doing in 2024
Residential services: wca, a private non-profit, 501(c)(3) California corporation, has over thirty years of experience providing quality short term and transitional residential programs linked to a broad spectrum of support services to help homeless men and women break the cycle of homelessness. The weingart center association maintains 16 principal residential service programs, which provide over 700 beds annually to meet the individualized needs of homeless men and women. Program designs incorporate residential services, recreational activities, specialized referrals and other support services calculated to assist the clients stabilize their lives, secure income and reintegrate into the community. (cont. On sch. O)non-residential support services: wca provides services to participants who do not reside in the agency-operated facility. These programs include supportive and case management services at the access center, project fatherhood, americorps' hope for the homeless and substance abuse recovery. Meals: the weingart center cafe serves 241,015 nutritious, balanced meals to residents of the center, outpatient clients of on-site health and medical programs, residents of the skid row area and others. The cafe operates 365 days per year from 6:45am to 7:00pm.
Operating model
- Revenue model
- Grant-funded. 87% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 83% 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 total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 81
- Accountability: 100
- Sustainability: 77
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.2%; rating input score 55
- Program expense ratio: 86.4%; rating input score 86
- Fundraising efficiency: $252.5 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 31st percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 38.7%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 4.28; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.69; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 2.2%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 14.5% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 16.4% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 21.5% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 55.2% of revenue deployed · 86.4% of spending went to programs
- Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $47.5M in reported program spending
- Leadership: top reported pay $505K · 19 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $45.3M reported
- Consistency: 35 of 36 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 16 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 52/100.