Inclusa Foundation Inc

Nonprofit profile at a glance

EIN
813565570
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-N 2016
Location
Stevens Point, WI, USA
Phone
7153434111
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Health Systems

Official website

Reported finances

Revenue
$15,946,615
Expenses
$6,468,183
Assets
$224,037,348
Liabilities
$2,610,883

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • CANDISE MILLER (FOUNDATION EXECUTIVE DIRECTOR)
  • STEVE MCCARTHY (PRESIDENT)
  • KEN DAY (VICE PRESIDENT)

Highest reported compensation

  • CANDISE MILLER (FOUNDATION EXECUTIVE DIRECTOR): $176,557 total reported compensation
  • STEVE MCCARTHY (PRESIDENT): $1,100 total reported compensation
  • RON CARNEY (SECRETARY): $1,100 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Inclusa foundation's mission is to enhance the health of wisconsinites by building diverse and inclusive communities where all people live more connected lives through innovation, programs, and partnerships that impact overall health and well being.

What it reported doing in 2024

Inclusa foundation held two grant cycles in 2024 supporting 501(c)(3) organizations or other tax exempt organizations through grantmaking efforts. In the first grant cycle, inclusa foundation awarded a total of $1,453,407 to 13 organizations and in the second grant cycle, inclusa foundation awarded a total of $1,387,490 to 9 organizations to support impactful initiatives throughout Wisconsin. Some of the grants awarded during this time period were multi-year grants to be paid out over 2-3 years.

Operating model

Revenue model
Investment-supported. 77% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Some filing-based governance responses are negative or unanswered and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 59
  • Accountability: 77
  • Sustainability: 93
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 78.5%; rating input score 79
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 85.7%; rating input score 86; 1st percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 46.1%; rating input score 46; 11th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 59.4%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 34.64; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 92; 92nd percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -11.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -9.7% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 14.9% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 78.5% of spending went to programs
  • Governance: 8 of 8 board members independent · 4 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $5.1M in reported program spending
  • Leadership: top reported pay $177K · 11 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $591K reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes grants and executive pay
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 31 filed money-flow records
  • Related organizations: 21 filed related-organization links
  • 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 — Accountability: Governance controls: 5 of 9 not reported.
  • Moderate — Transparency & Controls: Grant itemization coverage scored 46/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.