Plus Foundation

Nonprofit profile at a glance

EIN
411903374
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Minneapolis, MN, USA
Phone
9527462590
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Research Institutes and/or Public Policy Analysis

Official website

Reported finances

Revenue
$337,991
Expenses
$242,193
Assets
$1,512,054
Liabilities
$2,795

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • STEVEN HANKE (PRESIDENT)
  • MICHELLE KLEIN (VICE PRESIDENT)
  • ROBBIE THOMPSON (CEO, PLUS)

Highest reported compensation

  • ROBBIE THOMPSON (CEO, PLUS): $371,150 total reported compensation
  • NIKKI BAKER (EXEC.DIR, PLUS FOUNDATION): $99,695 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The plus foundation supports tomorrow's diverse professional liability workforce through outreach, education, mentoring and giving back.

What it reported doing in 2025

Chapter ally grants: five plus chapters were awarded a total of $25,000 in ally grants to support local charities that address the needs of those who face obstacles to securing a job or advancing in their career throughout their local communities. Conference cause: the plus foundation board of directors approved a $23,000 base grant, and $8,000 in donations were collected from 70+ individuals, for a total conference cause gift of $31,000 to the friends of fisher house orlando to benefit the fisher house orlando. Women's leadership network: creates opportunities for women to network, improve their professional skills, and learn from the experience of other accomplished female leaders. In 2025, 200+ women and men attended 4 regional events; 350+ people attended the wln/foundation luncheon at the plus conference in orlando. Additionally, two women received a $5,000 scholarship to pursue leadership education in 2026.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 74% for direct work, and 26% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 67
  • Accountability: 100
  • Sustainability: 69
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.3%; rating input score 73
  • Program expense ratio: 88.2%; rating input score 88
  • Fundraising efficiency: $338.85 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 55.4%; rating input score 55; 46th 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; 64th percentile among comparable filings
  • Governance controls: 9 of 9 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 28.3%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 6.24; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 20.3%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: -2.8% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -3.4% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: 1% per year; rating input score 100; 26th percentile among comparable filings

Details

  • Where the money goes: 73.3% of revenue deployed · 88.2% of spending went to programs
  • Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $214K in reported program spending
  • Leadership: top reported pay $371K · 17 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Transparency & Controls: Grant itemization coverage scored 55/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.