Options for Independent Livinginc

What it reported doing in 2024

Here are descriptions of the other programs provided by the organization: Wisconsin department of administration - division of housing - home program the organization receives grant funding to provide homeowner accessibility modifications for low-income individuals and families. The organization's staff provides assessment and eligibility assessments, coordinate modifications needed and supervise construction, and submit payments to contractors as specified in the contract. Funds are distributed as deferred mortgages at zero (0%) interest rate. The homeowner must repay the "loan" when they sell the home. The loans are shown on the statement of financial position as long-term notes receivable. If the notes are collected and not reinvested in homes for the same purpose, the funds are repaid to the Wisconsin department of administration - division of housing and are reflected as an expense in the statement of activities at that time. As part of the grant agreement the organization is allowed to request administrative funds as the grant progresses. Expenses associated with administrative revenues are reflected in the statement of activities. Benefits counseling - an individual with a disability is provided with a review of their current benefits and an explanation of how those benefits might be affected by employment, including available work incentive programs and alternate benefits for health and related services. Wisloan program - the organization provides outreach to the community about loans available to people with disabilities for assistive technology, home modifications or other related needs to allow individuals to be independent. Staff refers interested parties to independence first for loan application information. Personal care program - options for independent living, inc.'s personal care program empowers people with disabilities to manage their personal care services. Options for independent living, inc. Offers a consumer directed personal care program for people with disabilities who are (1) medicaid beneficiaries, (2) require personal care services and, (3) have identified an individual to provide personal care. Personal care may include assistance with bathing, dressing / undressing, prosthetics (braces, splints, and support hose), grooming, eating, mobility in the home, toileting, transfer incidental services (laundry, light housekeeping, and meal preparation), mostly oriented tasks and delegated tasks. Lend program (loaned equipment network distribution): through lend we accept used durable medical equipment in good condition, such as power and manual wheelchairs, tub transfer benches, commodes, walkers, portable ramps, and other equipment. After equipment is safety inspected and sanitized it is loaned to people with short-term needs for these devices.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 87.2%; rating input score 87
• Fundraising efficiency: $19.23 raised per $1 spent on fundraising; rating input score 57; 57th 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: 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: 5 of 7 controls in place; rating input score 71
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Pass
  • 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: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -17.6%; rating input score 11; 11th percentile among comparable filings
• Total-asset coverage ratio: 2.03; rating input score 65; 65th percentile among comparable filings
• Liabilities to assets ratio: 0.03; rating input score 60; 60th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 1.6% per year; rating input score 100; 24th percentile among comparable filings
• Revenue growth: 2.4% per year; rating input score 100; 27th percentile among comparable filings
• Asset growth: 0.9% per year; rating input score 100; 21st percentile among comparable filings