Fox Institute for Creation
Nonprofit profile at a glance
- EIN
- 813207443
- IRS 990 coverage
- 2017–2017
- Forms available
- Form 990 2017, Form 990-EZ 2016
- Location
- Boulder, CO, USA
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Higher Education Institutions
- Affiliation
- Interfaith
Reported finances
- Revenue
- $415,520
- Expenses
- $385,566
- Assets
- $119,446
- Liabilities
- $26,616
Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- STUART C LORD (PRESIDENT)
Highest reported compensation
- SUSAN COPPAGE EVANS (BOARD MEMBER): $4,435 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide leadership development that fosters personal and social transformation to positively impact our world. This is achieved by creating new knowledge, integrating spiritual formation with experiential academic learning for spiritual, corporate, and educational leaders. Cultivating inclusive excellence, interfaith, ecological, and social justice proficiency. Encouraging leadership conversations across age, industry, spirituality, and levels of responsibility.
What it reported doing in 2017
The fox institute for creation spirituality (fics) was approved on september 1st, 2016, by the Colorado department of higher education to operate as a religious school. The institute offers certificates, master's and doctoral degrees and uses a holistic pedagogy first articulated by internationally renowned theologian, rev. Matthew fox, ph.d. Fics is incorporated in Colorado as a non-profit organization, employing trained, credentialed professors and staff. The fox institute for creation spirituality is a graduate school that embraces a pedagogy that calls forth a society infused with an engaged, compassionate spirituality, a place where students become more makers of rather than consumers of contemporary culture. The fox institute provides experiences that enable each student to claim his/her power as a creator of culture and an agent of change. It is our intention that, through this educational paradigm, students discern the calling forth of their unique gifts and life-giving vocations and do groundbreaking work in the world.
Operating model
- Revenue model
- Donor-supported. 74% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The required major-donor schedule is missing or incomplete and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 75
- Accountability: 88
- Sustainability: 40
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78%; rating input score 78
- Program expense ratio: 84.1%; rating input score 84
- Fundraising efficiency: $20.26 raised per $1 spent on fundraising; rating input score 61; 61st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: No; rating input score 0
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 7.2%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.31; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 1.2%; rating input score 42; 42nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 101.2% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 54.5% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 78% of revenue deployed · 84.1% of spending went to programs
- Governance: 6 of 6 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $324K in reported program spending
- Leadership: top reported pay $4K · 6 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules · includes major donors
- 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: Major donor itemization scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- Review — Sustainability: Operating margin scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- Moderate — Sustainability: Officer compensation ratio scored 42/100.