Developmental Resources Inc

Nonprofit profile at a glance

EIN
421384598
IRS 990 coverage
2010–2011
Forms available
Form 990 2011
Location
Forest City, IA, USA
Phone
6415855450
Rating confidence
Limited
Sector
Developmentally Disabled Centers

Official website

Reported finances

Revenue
$8,237,286
Expenses
$10,393,733
Assets
$1,014,198
Liabilities
$1,019,318

Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

12 people listed

Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Developmental resources, inc. Provides residential, vocational, and home and community based support services for people with intellectual and developmental disabilities.

What it reported doing in 2011

Developmental resources' carf accredited services are based in the communities of belmond, clarion, eagle grove, forest city, Nevada and webster city, Iowa, in which its vocational and/or residential facilities are located. Developmental resources, inc. Offers icf/id services for up to 92 people and supports more than 80 additional individuals through services such as supported employment, job coaching, school transition services, pre vocational services, day habilitation, supported community living (hourly and daily), and respite. The organization works to support individuals with intellectual and developmental disabilities in enabling those incremental transformations that lead to greater independence and control of their lives. Dri staff are directed by the needs, desires, and dreams of the people they support. Every day, people are supported in varying aspects of life such as personal hygiene, dressing, eating, ambulation, meal preparation, using public transportation, maintaining focus while at work, obtaining a job in the community, menu planning and grocery shopping, balancing their checkbooks, and paying their bills. Dri empowers every person supported to work to achieve their goals every day, in every way.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
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: 100
  • Sustainability: 13
  • Growth: 0

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; 65th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: -26.2%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 1.01; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0.8%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -46.4% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -141.3% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $9.7M in reported program spending
  • Leadership: top reported pay $82K · 12 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 2 filing years from 2010 to 2011
  • Related organizations: 2 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.