Westminster Gardens Inc
Nonprofit profile at a glance
- EIN
- 721084423
- IRS 990 coverage
- 2010–2010
- Forms available
- Form 990 2010
- Location
- Hammond, LA, USA
- Phone
- 6144512151
- Rating confidence
- Limited
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $281,153
- Expenses
- $260,756
- Assets
- $1,016,612
- Liabilities
- $960,482
Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
13 people listed
Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
It is the mission of westminster gardens, inc. To provide elderly persons and/or handicapped persons with housing facilities and services specially designed to meet their physcial, mental, social, and psychological needs, and to promote their health, security, happiness and usefulness all on a non-profit basis.
What it reported doing in 2010
See schedule othe sole purpose is to provide subsidized low-income apartment rental housing for elderly persons through the us department of hud sections 202 and 8 programs
Operating model
- Revenue model
- Grant-funded. 63% of the money available for current operations came from government grants.
- 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: 100
- Accountability: 70
- Sustainability: 61
- Growth: NotEnoughData
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; 59th 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; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.3%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 3.9; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.94; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 13 of 13 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $234K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Related organizations: 12 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Liabilities to assets ratio scored 9/100.