Neighbors Place Inc The

Nonprofit profile at a glance

EIN
391640241
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Wausau, WI, USA
Phone
7158451966
Rating
89
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$2,331,339
Expenses
$2,309,016
Assets
$2,493,535
Liabilities
$718,217

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

Leadership & pay

13 people listed

Executive titles in this filing

  • EILEEN ECKARDT (PRESIDENT)
  • DONNA AMBROSE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DONNA AMBROSE (EXECUTIVE DIRECTOR): $99,841 total reported compensation

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

Overview

Mission

The neighbors' place helps those in need in north central Wisconsin by providing food and basic necessities, educating and connecting clients with services, and treating people with dignity and respect.

What it reported doing in 2024

The babies' place, our community diaper bank, has a unique space inside the neighbors' place. The babies' place provides diapers, period products, and basic needs to caregivers of babies and toddlers. We also provide baby formula, baby food and beautiful hand made blankets and knitted hats to families visiting for the first time. The community support for this program continues to grow. Diapers and other basic needs are not eligible for any government assistance, in addition, in wi, these products are more costly than in other states due to the "luxury tax" otherwise known as the "pink tax". By providing these valuable resources to families in need, we are helping them to put food on the table and balance other necessities. At the end of 2024, we served a total of 1,357 households , with diapers and basic needs. We are also members of the national diaper bank network which provides us with cost saving opportunities for diapers as well as promotional materials to build awareness for our programs and advocacy tools to bring awareness to diaper need in our community. . In 2024 we also really started to look beyond diaper need and focus on period poverty, helping families that are unable to obtain the necessities that relate to menstruation. I feel proud that we continue to look for different and better ways to respond to these needs (ex: providing period products in the public health vending machine outside of our building). In 2024, 75,280 period supplies were distributed to more than 3,000 individuals.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 41% for direct work, and 59% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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: 94
  • Accountability: 100
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.6%; rating input score 84
  • Program expense ratio: 84%; rating input score 84
  • Fundraising efficiency: $156.38 raised per $1 spent on fundraising; rating input score 90; 90th 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; 72nd 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: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 1.08; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 4.3%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 7% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: 9.3% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 83.6% of revenue deployed · 84% of spending went to programs
  • Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.9M in reported program spending
  • Leadership: top reported pay $100K · 13 people listed
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 37/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 59/100.