Ieg Inc

Nonprofit profile at a glance

EIN
815025937
IRS 990 coverage
2020–2020
Forms available
Form 990 2020
Location
Denver, CO, USA
Phone
7208197150
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$224,197
Expenses
$182,948
Assets
$59,470
Liabilities
$155,215

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • HAROUN COWANS (CHAIRMAN OF)
  • CRAIG MCGUINESS (ADVISORY BOA)
  • STEVE ZIEGLER (ADVISORY BOA)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission is to strengthen and build community by equipping and empowering our beneficiaries with the skills and tools they need to succeed through 3 programming areas: (1) gang and youth violence prevention and intervention,(2) workforce development, and (3)community development.

What it reported doing in 2020

Gang prevention & intervention (denver city and county)(psn). Ieg, inc. Receives funding from the city and county of denver through the grid (gang reduction initiative of denver) program and from the department of juvenile justice through psn (project safe neighborhood) to provide gang prevention & intervention services in ne denver. Through this funding, ieg, inc. Performed gang prevention & intervention, violence interruption, secondary prevention, and intensive case management services to clients who are currently active or at risk of engagement in gang activity. Ieg, inc. Programs and interventions are designed to mitigate the multiple risk factors and barriers that our clients face, simultaneously preventing and intervening in the activities that negatively impact our community. As a strategy to promote gang disengagement, ieg, inc. Identifies and builds upon each client's individual strengths and assets by engaging them in the process of exploring their motivations, planning their own career path, developing self-identity, and engaging in prosocial behaviors.

Operating model

Revenue model
Grant-funded. 67% of the money available for current operations came from government grants.
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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 43
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78%; rating input score 78
  • Program expense ratio: 95.6%; rating input score 96
  • 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: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • 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: 18.4%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 0.33; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 2.61; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 78% of revenue deployed · 95.6% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $175K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 3 filed schedules
  • 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.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.