Nexus-kindred Family Healing

Nonprofit profile at a glance

EIN: 364494707
IRS 990 coverage: 2011–2024
Forms available: Form 990 2024
Location: Plymouth, MN, USA
Phone: 7635518640
Rating: 68
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Children's, Youth Services

Reported finances

Revenue: $5,264,947
Expenses: $5,387,261
Assets: $1,288,273
Liabilities: $4,164,367

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

Leadership & pay

9 people listed

Executive titles in this filing

DR MICHELLE MURRAY (CEO & PRESIDENT)

Highest reported compensation

DR MICHELLE MURRAY (CEO & PRESIDENT): $641,367 total reported compensation
SCOTT MCGUIRE (CFO): $445,576 total reported compensation
JENNIFER MCINTOSH (CHIEF HR OFFICER): $393,493 total reported compensation

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

Overview

Mission

Changing the course of a child's life by stabilizing families and strengthening mental health.

What it reported doing in 2024

Nexus-kindred family healing (nkd), an affiliate of nexus family healing is one of the largest private foster care providers in mn. It supports youth and families safety, healing, and permanency for children. Enrollments in 2024: 193 foster care; 11 child placement services(adoption); 20 child specific recruitment(adoption); 139 short term foster care; 38 stay; and 72 for visitation.

Operating model

Revenue model: Grant-funded. 93% of the money available for current operations came from government grants.
Distribution model: Direct operator. The filing allocates 100% 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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.

Rating breakdown

Financial Efficiency: 80
Transparency & Controls: 71
Accountability: 66
Sustainability: 18
Growth: 20

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 79.4%; rating input score 79
Program expense ratio: 77.6%; rating input score 78
Fundraising efficiency: $145.19 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: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
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: 50%; rating input score 50; 8th percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Sustainability

Operating margin: -2.3%; rating input score 26; 26th percentile among comparable filings
Total-asset coverage ratio: 0.24; rating input score 7; 7th percentile among comparable filings
Liabilities to assets ratio: 3.23; rating input score 1; 1st percentile among comparable filings
Officer compensation ratio: 10.8%; rating input score 28; 28th percentile among comparable filings

Growth

Program expense growth: -2.7% per year; rating input score 0; 8th percentile among comparable filings
Revenue growth: -1% per year; rating input score 0; 9th percentile among comparable filings
Asset growth: 4.6% per year; rating input score 100; 32nd percentile among comparable filings

Details

Where the money goes: 79.4% of revenue deployed · 77.6% of spending went to programs
Governance: 1 of 2 board members independent · 8 of 9 filing controls reported
Programs: 1 filed program accomplishment · $4.2M in reported program spending
Leadership: top reported pay $641K · 9 people listed · 0 of 6 pay-setting controls reported
Highest-paid contractors: 1 contractor listed · $299K reported
Consistency: 30 of 31 current checks pass · 1 finding to review
Schedules: 7 filed schedules · includes major donors, grants, and executive pay
Filing history: 11 filing years from 2011 to 2024
Contacts: How to reach this organization
Money network: 4 filed money-flow records
Related organizations: 8 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.

High — Transparency & Controls: Pay-setting controls scored 0/100.
Review — Accountability: Independent voting board scored 50/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Operating margin scored 26/100.
High — Sustainability: Total-asset coverage ratio scored 7/100.
Review — Accountability: Governance controls: Form 990 shared with the board not reported.
High — Sustainability: Liabilities to assets ratio scored 1/100.
Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
High — Sustainability: Officer compensation ratio scored 28/100.