Fraser

Nonprofit profile at a glance

EIN
410781858
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Minneapolis, MN, US
Phone
612-798-8309
Rating
80
Verdict
STRONG
Rating confidence
Standard
Sector
Group Homes

Official website

Reported finances

Revenue
$44,574,175
Expenses
$43,996,846
Assets
$49,949,054
Liabilities
$12,732,810

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

Leadership & pay

26 people listed

Executive titles in this filing

  • DIANE CROSS (CEO/SECRETARY/VICE CHAIR)

Highest reported compensation

  • DIANE CROSS (CEO/SECRETARY/VICE CHAIR): $565,768 total reported compensation
  • JAMES OLSON (EVP/CFO): $300,709 total reported compensation
  • ELIF MCCAIN (CHIEF ADMINISTRATIVE OFFICER): $210,968 total reported compensation

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

Overview

Mission

Fraser believes that when everyone belongs, our community is stronger. Our expert services for autism, mental/behavioral health, and disabilities help break down barriers to inclusion.

What it reported doing in 2024

Fraser school provides early childhood education and therapy for children ages six weeks to six years with special needs and typical needs in an inclusive setting. Our unique setting allows children of all abilities to learn, play, and grow side by side, and provides a challenging, enlightening, and motivating environment for all. This program also focuses on career planning and employment. Individuals of all abilities deserve access to education and the chance to pursue meaningful careers. Fraser career planning and employment offers a variety of services for teens and adults who have autism spectrum disorder (asd) or other special needs. Our services are available for those who are college-bound or are looking to explore different employment options. Career planning and employement also focuses on assessing individuals' strengths and challenges. Through our intake assessment, we look at each individual's unique strengths, interests, learning styles, and challenges. We then create an individual profile and map out a support plan to help the person achieve success.

Operating model

Revenue model
Earned-program. 80% of the money available for current operations came from fees and other program revenue.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 95
  • Accountability: 92
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.7%; rating input score 70
  • Program expense ratio: 69.5%; rating input score 69
  • Fundraising efficiency: $4.22 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.1%; rating input score 94; 27th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.3%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 1.14; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 51; 51st percentile among comparable filings
  • Officer compensation ratio: 1.2%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: 7.4% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 8.7% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 8.2% per year; rating input score 100; 56th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 69.7% of revenue deployed · 69.5% of spending went to programs
  • Governance: 16 of 17 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $30.6M in reported program spending
  • Leadership: top reported pay $566K · 26 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.5M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 12 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 6 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Fundraising efficiency scored 17/100.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Review — Sustainability: Liabilities to assets ratio scored 51/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.