Courage Kenny Foundation

Nonprofit profile at a glance

EIN
411952989
IRS 990 coverage
2010–2022
Forms available
Form 990 2022
Location
Minneapolis, MN, USA
Phone
6122620660
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$1,346,994
Expenses
$1,637,107
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • LINDA ORTNER (DIRECTOR/PRESIDENT)
  • STEPHEN BARITEAU (FORMER DIRECTOR/PRESIDENT)

Highest reported compensation

  • RICHARD MAGNUSON (CFO): $1,474,410 total reported compensation
  • MODENA HENDERSON (DIRECTOR): $543,904 total reported compensation
  • LINDA ORTNER (DIRECTOR/PRESIDENT): $251,785 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To raise funds and engage the community to support health and independence for those with functional limitations through courage kenny rehab's comprehensive continuum of transformative services, research and innovation, and public advocacy. With the foundation's support, the continuum enriches lives and provides a level of care above and beyond the core medical services provided by allina health.

What it reported doing in 2022

$1,100,000 to support the physical, occupational and speech therapy services, inpatient rehabilitative services, community based services, independent living skills (ils) program and sports and recreation programs of courage kenny rehabilitation institute, an unincorporated division of allina health system. Courage kenny rehabilitation institute (ckri) ckri rehabilitative programs were created to assist people achieve their highest level of independence, health and wellness through their services, innovative programs, ground-breaking research, and barrier-shattering advocacy. They offer physical, occupational and speech rehabilitation therapy to achieve outcomes to function as independently as possible for people to be able to live, work and play to their full potential. $11,565 purchased equipment and software to provide hands-one job simulation in a supportive environment for youth who have not worked before.$10,917 provided an intro to video storytelling class: along with filmnorth, filmmaking classes for patients with newly acquired disabilities in the transitional rehab program to record recovery process and learn adaptive artistic skills.$3,502 purchased adaptive environmental controls to allow patients to control their surrounding environment - lighting, temp, body position and other environmental elements from bed or chair with adaptations for most people with disabilities to be achieve these changes.

Operating model

Revenue model
Donor-supported. 66% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 71
  • Accountability: 94
  • Sustainability: 8
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95%; rating input score 95
  • Program expense ratio: 78.8%; rating input score 79
  • Fundraising efficiency: $8.19 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.8%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.5%; rating input score 90; 23rd 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: -21.5%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 12.1%; rating input score 29; 29th percentile among comparable filings

Growth

  • Program expense growth: -16.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: 5.1% per year; rating input score 100; 49th percentile among comparable filings
  • Asset growth: 0.6% per year; rating input score 100; 21st percentile among comparable filings

Details

  • Where the money goes: 95% of revenue deployed · 78.8% of spending went to programs
  • Governance: 19 of 21 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $1.3M in reported program spending
  • Leadership: top reported pay $1.5M · 23 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2010 to 2022
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 36 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 29/100.