Ingold Family Foundation Inc

Nonprofit profile at a glance

EIN
874266982
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-N 2023
Location
Middleton, WI, USA
Phone
6083606510
Rating
50
Verdict
MIXED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$228,338
Expenses
$68,117
Assets
$169,185
Liabilities
$4,233

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

Leadership & pay

5 people listed

Executive titles in this filing

  • ALEC INGOLD (PRESIDENT)
  • ALEXA INGOLD (VICE PRESIDENT)

People named in this filing

  • ALEC INGOLD (PRESIDENT)
  • ALEXA INGOLD (VICE PRESIDENT)
  • CHRIS INGOLD (SECRETARY)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We empower youth through accessible and impactful learning experiences focused on financial, mental, and physical health. Our programs are rooted in the life lessons gained through sports and designed to help young people- especially those who are underserved, adopted, or in foster care- build the skills, mindset, and confidence to thrive. Founded by alec ingold, the foundation is deeply rooted in his personal journey. Being adopted as an infant into a loving and supportive family shaped alec's values and perspective- fueling his passion to give back and support all youth, especially those navigating challenges of identity, opportunity, and belonging. Alec grew up in green bay, Wisconsin, played college football for the Wisconsin badgers, and now plays in the nfl for the miami dolphins. Each city that helped shape alec- green bay, madison, and miami- is now home to programs that shape the next generation.

What it reported doing in 2024

With a particular focus on the adoption and foster care systems, the ingold family foundation helps young people achieve their dreams by providing education, inspiration, support, and access to opportunity. We partner closely with local high schools, middle schools, adoption and foster care programs, and other youth-serving organizations in green bay, madison and miami to meet young people where they areproviding real-world tools, mentorship, and inspiration at critical stages of growth.july 2024: 351 children were able to take part in the green bay, wi youth football camp to help instill determination, coordination, and an active life style.august 2024: the ingold family foundation sponsored a back to school haircut event in madison, wi. Over 900 students were able to take part and begin the school year with a fresh, confident hair style. December 2024: the ingold family foundation supported the Florida holiday give back with sos childrens villages by providing children with gifts during the 2024 holiday season.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 68% for direct work, and 32% for grants.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 12
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 77
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.1%; rating input score 7
  • Program expense ratio: 23.8%; rating input score 24
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 70.2%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 2.48; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

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

Details

  • Where the money goes: 7.1% of revenue deployed · 23.8% of spending went to programs
  • Governance: 4 of 4 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Mission deployment rate scored 7/100.
  • High — Financial Efficiency: Program expense ratio scored 24/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.