Overland Expo Foundation Incorporated

Nonprofit profile at a glance

EIN
844220859
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2020
Location
Indianapolis, IN, USA
Phone
3177162678
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Natural Resources Conservation and Protection

Reported finances

Revenue
$202,559
Expenses
$126,175
Assets
$382,534
Liabilities
$2,861

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

Leadership & pay

7 people listed

Executive titles in this filing

  • JESSICA KIRCHNER (PRESIDENT)
  • RACHAEL ELSEMAN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • RACHAEL ELSEMAN (EXECUTIVE DIRECTOR): $32,000 total reported compensation

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

Overview

Mission

Overland expo foundation awards grants to individuals and non-profits that advance the overland community through protection, education, and responsible exploration.

What it reported doing in 2024

Tread lightly! Is a non-profit organization that leads a national initiative to promote the responsible use of motorized vehicles when recreating outdoors. Their goal is to balance the off-road and off-highway vehicle (ohv) users' need for adventure with the need to conserve the places where they ride and explore.project 1: Colorado trail clean upswith additional support from the rising sun 4 wheel drive club of Colorado volunteers removed 65lbs of trash from argentine pass and 160lbs of trash from kingston pass. The group also scouted a few sections of trail for future erosion control.project 2: edge of the world, aztread lightly!, az plasma, bfgoodrich tires outstanding trails, and the usfs all came together to install an informational kiosk at the trailhead to edge of the world. The trailhead leads to over 26 miles of trail through a breathtaking canyon and fantastic views of sedona and oak creeks. Due to it's heavy use by overlanders, off-roaders, and dispersed campers, the signs were very much needed to inform recreationalists about legal trails, area rules, and responsible recreation education.project 3: kids' rc driving coursethroughout the year, tread lightly! And the overland expo foundation teamed up at overland expo events to provide kids education through an rc driving course. The course included stops along the way that corresponded with the tread pledge. The tread pledge is a modification of the tread principles aimed at teaching kids the importance of responsible off-road travel. Over 350 kids and 225 parents/guardians went through the course.

Operating model

Revenue model
Donor-supported. 76% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.
  • 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 a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 72
  • Accountability: 84
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.8%; rating input score 36
  • Program expense ratio: 57.5%; rating input score 57
  • Fundraising efficiency: $6.1 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 86.7%; rating input score 87; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 43.7%; rating input score 44; 41st 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: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 37.7%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 3.03; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 25.4%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 15.6% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 10.7% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 34.2% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 35.8% of revenue deployed · 57.5% of spending went to programs
  • Governance: 5 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $73K in reported program spending
  • Leadership: top reported pay $32K · 7 people listed
  • Consistency: 22 of 24 current checks pass · 2 findings to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 2 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
  • Review — Financial Efficiency: Program expense ratio scored 57/100.
  • Moderate — Transparency & Controls: Grant itemization coverage scored 44/100.
  • High — Financial Efficiency: Fundraising efficiency scored 26/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.