Human Capital Developmnt Foundation

Nonprofit profile at a glance

EIN
462904526
IRS 990-EZ coverage
2016–2018
Forms available
Form 990-EZ 2018
Location
Northfield, MN, USA
Phone
5076637124
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Reported finances

Revenue
$60,906
Expenses
$108,689
Assets
$243,884
Liabilities
$243,538

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • ALLAN C COX (PRESIDENT)

People named in this filing

  • REV RACHEL MCIVER MOREY (BOARD MEMBER)
  • DON PRICE (TREASURER)
  • ALLAN C COX (PRESIDENT)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of human capital development foundation is to create an awareness of and the actions required to accomplish life and satisfaction goals at the personal and household level.

What it reported doing in 2018

Create an awareness of and the actions requried to accomplish life and satisfaction goals at the personal and household level.

Operating model

Revenue model
Earned-program. 100% 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 total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83%; rating input score 83
  • Program expense ratio: 46.5%; rating input score 47

Transparency & Controls

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

Sustainability

  • Operating margin: -78.5%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 2.24; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 1; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 35.1% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: -11.6% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: -3.9% per year; rating input score 0; 30th percentile among comparable filings

Details

  • Where the money goes: 83% of revenue deployed · 46.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $51K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2016 to 2018
  • 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.

  • Moderate — Financial Efficiency: Program expense ratio scored 47/100.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.