Pivot Inc

Nonprofit profile at a glance

EIN
730940217
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Oklahoma City, OK, USA
Phone
4052357537
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Children's, Youth Services

Reported finances

Revenue
$10,460,349
Expenses
$8,280,158
Assets
$14,928,461
Liabilities
$2,792,006

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

Leadership & pay

19 people listed

Executive titles in this filing

  • JENNIFER GOODRICH (PRESIDENT & CEO)

Highest reported compensation

  • JENNIFER GOODRICH (PRESIDENT & CEO): $141,048 total reported compensation

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

Overview

Mission

Pivot, inc. Provides programs and services that focus on counseling; homeless youth services; educational and vocational services; prevention, intervention and diversion services; and address a young persons overall well-being. Pivot has a youth-driven, strengths-based approach to providing comprehensive services that meet the needs of young people in order for them to transition into self-sufficiency.

What it reported doing in 2024

Family junction emergency youth shelter meets housing and basic needs. There are many young people in the communty who need a safe, secure place to stay as well as access to basic necessities like food, personal hygiene and clothing. Pivot offers support and resources through its food pantry and clothing closets as well as short and long-term housing solutions. Whether in the child welfare system, living on their own without parental support, formerly juvenile justice involved, or runaways, pivot can provide safe, stable housing for youth. The shelter also provides education and job assistance. Pivot believes regardless of where children are from or the barriers they face, they are worthy of having success in education, finding a job and planning for a career in the field they choose. At pivot, part of each young persons experience includes the opportunity to graduate from high school, further his or her education, gain vital life skills and achieve job readiness.

Operating model

Revenue model
Grant-funded. 61% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 90% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.2%; rating input score 68
  • Program expense ratio: 85.7%; rating input score 86
  • Fundraising efficiency: $19.91 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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; 66th 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: 20.8%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.8; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 60; 60th percentile among comparable filings
  • Officer compensation ratio: 1.7%; rating input score 79; 79th percentile among comparable filings

Growth

  • Program expense growth: 13.3% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 15.8% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 17.5% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 68.2% of revenue deployed · 85.7% of spending went to programs
  • Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
  • Programs: 7 filed program accomplishments · $7.1M in reported program spending
  • Leadership: top reported pay $141K · 19 people listed
  • Highest-paid contractors: 2 contractors listed · $532K reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2015 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.