Greeley Board of Realtors Inc

Nonprofit profile at a glance

EIN
840575443
IRS 990 coverage
2011–2019
Forms available
Form 990 2019
Location
Greeley, CO, USA
Phone
9703538884
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$470,979
Expenses
$318,833
Assets
$2,063,668
Liabilities
$4,198

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

10 people listed

People named in this filing

  • SHELLEY BALL-PADDOCK (IMMEDIATE PA)
  • SONJA BELFIORE (DIRECTOR)
  • LIBBY GEROLD (CHAIR)

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

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote professionalism, competency, and integrity through education, cooperation and service to our diverse members and to the community, and through collective action, to promote the extension and preservation of the right to own, use and transfer real property.

What it reported doing in 2019

Education, executive and legislative committees, seminar speakers, and information on legislative bills

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Affiliate network. The nonprofit sent 81% of its reported program spending through affiliated organizations.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 81
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 47%; rating input score 47
  • Program expense ratio: 64%; rating input score 64
  • Fundraising efficiency: Limited

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 32.3%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 6.47; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 52.6% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 47% of revenue deployed · 64% of spending went to programs
  • Governance: 10 of 10 board members independent · 3 of 7 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2011 to 2019
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.