Baraga County Community Foundation

Nonprofit profile at a glance

EIN
383198122
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Baraga, MI, USA
Phone
9063537898
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Foundations

Reported finances

Revenue
$90,676
Expenses
$79,629
Assets
$1,101,383
Liabilities
$0

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Gordette Leutz (Executive Director)
  • Diane Richard (Vice President)
  • Mary Paquette (President)

Highest reported compensation

  • Gordette Leutz (Executive Director): $38,998 total reported compensation

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

Overview

Mission

To enhance the quality of life in the area of Baraga County, improving educational, cultural, recreational, athletic, environmental, and social welfare resources and opportunities through the administration of endowment funds and the disbursement of grants and scholarships, and by developing youth for community leadership.

What it reported doing in 2024

Grant award to Arvon Township School Outreach Program for students to honor Veterans with handwritten cards and to provide a social event for them including refreshments, games, puzzles and gift bags, and to provide students with a visit to the local nursing home to provide songs and entertainment for residents on Halloween and Valentine's Day cards, as well as Valentine's Day cards to members of the community who have requested correspondence needs.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 83
  • Accountability: 79
  • Sustainability: 61
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.3%; rating input score 66
  • Program expense ratio: 28.3%; rating input score 28
  • Fundraising efficiency: $12.04 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 12.2%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 13.83; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 49%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: -13.3% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -6.4% per year; rating input score 0; 39th percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 66.3% of revenue deployed · 28.3% of spending went to programs
  • Governance: 8 of 8 board members independent · 4 of 8 filing controls reported
  • Programs: 9 filed program accomplishments · $23K in reported program spending
  • Leadership: top reported pay $39K · 8 people listed
  • Consistency: 41 of 41 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Program expense ratio scored 28/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.