Grains for Health Foundation

Nonprofit profile at a glance

EIN
263667157
IRS 990-EZ coverage
2014–2014
Forms available
Form 990 2010, Form 990-EZ 2014
Location
St Louis Park, MN, USA
Phone
9525009012
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$108,886
Expenses
$111,422
Assets
$18,643
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Len Marquart (President)
  • Katherine Schwachtgen (Interim Executive Director)

People named in this filing

  • Len Marquart (President)
  • Pete Levangie (Board Chair)
  • Edward Welsch (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Grains for Health builds relationships between the leaders in the healthcare and food industries using evidence-based, practical strategies to ensure healthy, grain-based foods reach the public, thus lowering both diet-related chronic disease and health care costs.

What it reported doing in 2014

Public-Private Partnerships: Met with key leaders in the government and hosted successful workshop in December in Washington D.C. as a culmination of these discussions. Approximately 30 key leaders met to prioritize research objectives for the Public-Private Partnership initiative. Developed an Advisory Committee to focus efforts toward an implementable project through public-private partnerships to improve the health attributes of grain-based foods and to unify the grains community. These partnerships represent the unification of government, industry, academia and other grain-based non-profit organizations.

Operating model

Revenue model
Donor-supported. 100% 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

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 100
  • Sustainability: 30
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81%; rating input score 81
  • Program expense ratio: 79.2%; rating input score 79

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -2.3%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 9.7%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -16.8% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 23.5% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 81% of revenue deployed · 79.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $88K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • 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.

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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.