Galt Foundation
Nonprofit profile at a glance
- EIN
- 931268744
- IRS 990 coverage
- 2014–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Tigard, OR, USA
- Phone
- 5033611277
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Vocational Rehabilitation
Reported finances
- Revenue
- $1,517,662
- Expenses
- $1,725,702
- Assets
- $9,572,052
- Liabilities
- $153,452
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- JOHN WILLIAMS (BOARD PRESIDENT)
- LISA DOYLE (PRESIDENT & CEO)
Highest reported compensation
- LISA DOYLE (PRESIDENT & CEO): $201,170 total reported compensation
- MICHAEL MCCLAIN (DIRECTOR STATE SERVICES): $192,067 total reported compensation
- ELIZABETH SHRADER (CFO): $172,483 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Creating access to meaningful employment through a commitment to philanthropy and social impact. We invest in programs, partnerships, and direct support that remove barriers to employment for people with disabilities.
What it reported doing in 2025
Galt foundation is a non-profit staffing service that provides employment opportunities for individuals with disabilities and other vocational disadvantages. Galt foundation is certified as a qualified rehabilitation program in Oregon, a community rehabilitation program in Oklahoma . These certifications qualify galt foundation to contract with local and state government entities to provide them with temporary staff.galt foundation provided employment for 1,215 individuals, with 61% of their recruited employees having a disability and a majority of the remainder having one or more vocational disadvantages.
Operating model
- Revenue model
- Earned-program. 96% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 93
- Accountability: 54
- Sustainability: 37
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.5%; rating input score 89
- Program expense ratio: 80.6%; rating input score 81
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 28.6%; rating input score 29; 13th 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -13.7%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 5.55; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 47.7%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -7.2% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -7.3% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -2.6% per year; rating input score 0; 9th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site
- Where the money goes: 89.5% of revenue deployed · 80.6% of spending went to programs
- Governance: 2 of 7 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.4M in reported program spending
- Leadership: top reported pay $201K · 11 people listed · 6 of 6 pay-setting controls reported
- Consistency: 27 of 27 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 12 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- Related organizations: 2 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 — Accountability: Independent voting board scored 29/100.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.