Hergert Foundation Ltd

Nonprofit profile at a glance

EIN
205826105
IRS 990 coverage
2011–2011
Forms available
Form 990 2011, Form 990-EZ 2010
Location
Pewaukee, WI, USA
Phone
2626950220
Rating confidence
Limited
Sector
Public Foundations

Reported finances

Revenue
$123,715
Expenses
$406,239
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

4 people listed

Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Hegert Foundation's primary exempt purpose is to provide assistance to agencies involved in child welfare and social services.

What it reported doing in 2011

This was the fifth and final year of existence for the organization. During the year, donated land and buildings were sold to help provide funding for grants. $393,540 was donated to organizations that support our mission.St. Aemilian-Lakeside will use the grant of 5,000 to provide supportive permanent housing and youth transitioning to adulthood scholars. The organization addresses the gap in services for youth aging out of foster care. John Marshall High School will use the grant of 20,000 to enhance the lives of children with disabilities. It will be used for Camp Side by Side which is a three-night, four-day camp trip for students in special education from six high schools in the Milwaukee Public School system. Lad Lake which serves at risk children will use the grant of 5,000 for the second year of funding the Skills Tutor program.Children's Service Society will use the grant of 15,000 to benefit children in the Bureau's care through gift cards for food and supplies, bus tickets, strollers, school uniforms, etc.The Women's Center will use the grant of 32,000 to provide safety, shelter, and support to women and their families, and to facilitate their development.The Greater Milwaukee Foundation will use the grant of 316,540 to meet the emergency needs of fosterr children in the public child welfare system in southeastern Wisconsin who are under the supervision of governmental agencies.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 93
  • Accountability: 0
  • Sustainability: 6
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 7th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 97.5%; rating input score 97; 53rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 0 of 9 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -228.4%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 1.1%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 128.3% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: -86.9% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 0 of 4 board members independent · 0 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $394K in reported program spending
  • Leadership: top reported pay $3K · 4 people listed
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Money network: 9 filed money-flow records
  • 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 0/100.
  • High — Accountability: Governance controls: 9 of 9 not reported.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.