Polaris House
Nonprofit profile at a glance
- EIN
- 300090258
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-EZ 2009
- Location
- Juneau, AK, USA
- Phone
- 9077806775
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Mental Health Treatment F31 Psychiatric, Mental Health Hospital
Reported finances
- Revenue
- $543,844
- Expenses
- $529,528
- Assets
- $728,102
- Liabilities
- $390,384
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Hazel LeCount (Executive Director)
- Dave Ringle (Vice President)
Highest reported compensation
- Hazel LeCount (Executive Director): $94,240 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Polaris House Clubhouse, like all clubhouse model programs, is dedicated to the recovery of men and women with mental illness by providing opportunities for members to work and learn, while contributing their talents through a community of mutual support.
What it reported doing in 2024
Provided a clubhouse environment that is dedicated to the recovery of men and women with mental illness by providing opportunities for members to work and learn while contributing their talents through a community of mutual support.
Operating model
- Revenue model
- Grant-funded. 85% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 99% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 100
- Accountability: 95
- Sustainability: 40
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75%; rating input score 75
- Program expense ratio: 76.7%; rating input score 77
- Fundraising efficiency: $48.04 raised per $1 spent on fundraising; rating input score 77; 77th 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: 100%; rating input score 100; 76th 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: 7 of 8 controls in place; rating input score 88
- 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: Fail
Sustainability
- Operating margin: 2.6%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 1.38; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.54; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 17.8%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: -1.4% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: -0.9% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 13.3% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 75% of revenue deployed · 76.7% of spending went to programs
- Governance: 8 of 8 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $406K in reported program spending
- Leadership: top reported pay $94K · 9 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 18/100.