Extollo International

Nonprofit profile at a glance

EIN
461019372
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Pleasanton, CA, USA
Phone
9252251500
Rating
78
Verdict
SUPPORTED
Rating confidence
Standard
Sector
International Relief

Official website

Reported finances

Revenue
$779,253
Expenses
$805,085
Assets
$1,238,929
Liabilities
$25,992

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

Leadership & pay

7 people listed

Executive titles in this filing

  • KEITH COBELL (PRESIDENT)
  • SHERMAN BALCH (FOUNDER AND CEO)

Highest reported compensation

  • KEITH COBELL (PRESIDENT): $184,925 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 educate in all areas of the construction industry, including construction management and business start-up. To provide work to rebuild communities, stimulate the economy, improve quality of life, instill hope, and encourage maturity in faith and character.

What it reported doing in 2024

Training and development: the training program enables haitian workers to obtain employment in the construction industry to provide food, shelter, school and medical care to their families and to raise the construction quality level in haiti building projects. Our training combines classroom instruction with on the job training and supervision. Due to civil unrest and travel restrictions to haiti during 2024, supervision, training, and logistical support were provided remotely by the u.s.-based leadership team to the leadership team in haiti.extollo provided construction training for haitian workers in the following areas:(1) level 1 - we completed 3 courses collectively training 25 haitian students in welding, masonry and metal fabrication in 2023. Graduated: 8 (17 students were unable to complete their training due to the unrest)(2) practicum - 16 alumni worked in 13 trades: project management, concrete, carpentry, painting, electrical, rebar reinforcement, welding, roofing, plaster & drywall, equipment maintenance & repairs, vehicle maintenance & repairs, site maintenance & groundskeeping, accounting for a total of 12,584 hours of training.(3) alumni - no alumni programs were held due to the unrest.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 72% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 73
  • Accountability: 85
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.5%; rating input score 85
  • Program expense ratio: 81.8%; rating input score 82
  • Fundraising efficiency: $23.17 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 83.3%; rating input score 83; 19th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.3%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 1.54; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 23%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 3% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 18.6% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 84.5% of revenue deployed · 81.8% of spending went to programs
  • Governance: 5 of 6 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $658K in reported program spending
  • Leadership: top reported pay $185K · 7 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, executive pay, and related organizations
  • Filing history: 11 filing years from 2013 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 — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • High — Sustainability: Operating margin scored 27/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.