Independence Center Inc

Nonprofit profile at a glance

EIN
411276666
IRS 990 coverage
2010–2018
Forms available
Form 990 2018
Location
Waite Park, MN, USA
Phone
3202524146
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Employment Procurement Assistance

Official website

Reported finances

Revenue
$728,469
Expenses
$1,437,100
Assets
$429,780
Liabilities
$45,537

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

Leadership & pay

8 people listed

Executive titles in this filing

  • CURT GAINSFORTH (PRESIDENT)
  • ANTHONY WEIGEL (VICE PRESIDENT)
  • STEVEN BRESNAHAN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • AMY T CHRISTENSEN (ADMINISTRATOR (UNTIL MAY 2018)): $40,403 total reported compensation
  • STEVEN BRESNAHAN (EXECUTIVE DIRECTOR): $39,810 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is creating opportunities for people with special needs. Independence center works with adults with cognitive and intellectual disabilities. The purpose of the agency is to provide supervision, support, recreation, and employment opportunities that promote independence in an environment that is person-centered. Goals and objectives are identified that consider what is imprtant to the person and what is important for the person to live a meaningful life.

What it reported doing in 2018

Day training and habilitation (dt&h) services are licensed by the state of mn, department of human services and are offered to individuals with developmental disabilities and related conditions. Services focus on enabling an individual to attain or maintain his/her maximum functional level and are coordinated with other care providers involved in the support needed specific to each individual. Dt&h services reinforce skills or lessons taught in school, therapy, or other settings and introduce new skill sets that are of interest and/or necessary for the person to fully participate in community life. Individual abilities are assessed upon admission and at least annually thereafter but more often if necessary. Training and supervision are provided in the main facility as well as in community settings. Services may include instruction with self-care, learning to manage their own behavior, learning to dine independently, building relationships, recreation and leisure opportunities, community survival skills, street safety, learning to use adaptive equipment and assistive technology, and money management. In 2018, independence center, inc. Provided services to 45 individuals. The vast majority of participants expressed interest in activities and events in the community. In 2018, ici facilitated 745 outings into the community that included visits to local businesses, area parks, recreational sites, and community events. Ici also facilitated participation with volunteering with the knights of columbus tootsie roll drive.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 53% for direct work, and 47% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 93
  • Accountability: 91
  • Sustainability: 17
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 88%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 74th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -97.3%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 5.6%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 10.1% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 0% per year; rating input score 100; 23rd percentile among comparable filings
  • Asset growth: -2.3% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 88% of spending went to programs
  • Governance: 6 of 6 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $1.3M in reported program spending
  • Leadership: top reported pay $40K · 8 people listed
  • Consistency: 31 of 31 current checks pass
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 9 filing years from 2010 to 2018
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.