360 Communities
Nonprofit profile at a glance
- EIN
- 410987708
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Burnsville, MN, USA
- Phone
- 9529855300
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Coalitions
Reported finances
- Revenue
- $13,222,399
- Expenses
- $11,598,731
- Assets
- $5,313,798
- Liabilities
- $1,005,655
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- Jeff Mortensen (President/CEO)
Highest reported compensation
- Jeff Mortensen (President/CEO): $199,085 total reported compensation
- Steve Quist (Director of Finance): $140,609 total reported compensation
- Lisa Lusk (Director of Programs): $123,209 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
360 Communities delivers safety and stability that improves lives.
What it reported doing in 2024
Three student success programs ensure children arrive at school ready to learn. The Child Care Aware program works with childcare providers, parents, and other community organizations to promote the availability, affordability, and quality of childcare services in Dakota County. Child Care Aware equipped 250 childcare providers with skills that improved childhood development for about 10,378 children. The Partners for Success program employs family support workers in 20 schools and five school districts to partner with educators and families. Family support workers implement effective home-based strategies to increase parental involvement, improve academic performance, and connect families to community resources. Partners for Success supported 1,114 K-12 students toward on-time graduation, helping 25 students graduate from high school. The Housing for Success program helps families identified by school districts as experiencing housing instability to identify and overcome their barriers to safe housing. Housing for Success stably housed 45 families, including 60 adults and 103 children.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 54% for direct work, and 46% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.2%; rating input score 78
- Program expense ratio: 89.1%; rating input score 89
- Fundraising efficiency: $19.3 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd 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; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.3%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.46; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 60; 60th percentile among comparable filings
- Officer compensation ratio: 4%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 10.2% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 8.2% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 78.2% of revenue deployed · 89.1% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $10.3M in reported program spending
- Leadership: top reported pay $199K · 18 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.2M reported
- Consistency: 37 of 37 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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: Fundraising efficiency scored 56/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.