Joy Meadows Inc

Nonprofit profile at a glance

EIN
822706195
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Basehor, KS, USA
Phone
9133472476
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Foster Care

Official website

Reported finances

Revenue
$1,928,043
Expenses
$1,001,428
Assets
$5,675,378
Liabilities
$336,213

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

Leadership & pay

10 people listed

Executive titles in this filing

  • JUSTIN OBERNDORFER (CEO)

Highest reported compensation

  • JUSTIN OBERNDORFER (CEO): $115,025 total reported compensation
  • AMANDA NEEDHAM (DIRECTOR OF FINANCE): $106,822 total reported compensation
  • SARAH OBERNDORFER (COO): $106,776 total reported compensation

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

Overview

Mission

It is the mission of joy meadows to provide families with community support, housing, and resources so that children impacted by foster care can find stability, healing and joy.

What it reported doing in 2024

To maintain existing homes that joy meadows designed to allow foster families to accept large sibling groups preventing further separation trauma for those children, as well as planning for future home build projects. In addition to the program service expenses, there were capital expenditures of $365,810 made for organization facilities that will house foster families.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 91% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 75
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 41.7%; rating input score 42
  • Program expense ratio: 76.4%; rating input score 76
  • Fundraising efficiency: $24.82 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings

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: 100%; rating input score 100; 76th percentile among comparable filings
  • 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: 9 of 9 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 48.1%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 5.67; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 32.8%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 38% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 20% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 28.2% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 41.7% of revenue deployed · 76.4% of spending went to programs
  • Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $765K in reported program spending
  • Leadership: top reported pay $115K · 10 people listed
  • Consistency: 39 of 39 current checks pass
  • Schedules: 8 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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: Mission deployment rate scored 42/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.