Policy Research Inc
Nonprofit profile at a glance
- EIN
- 141783468
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Troy, NY, USA
- Phone
- 5184397415
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Science and Technology N.E.C.
Reported finances
- Revenue
- $2,921,311
- Expenses
- $2,990,822
- Assets
- $1,368,667
- Liabilities
- $1,021,610
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- MAUREEN MCLEOD (PRESIDENT)
- HENRY STEADMAN (VICE PRESIDENT)
- PAMELA CLARK ROBBINS (EXECUTIVE DIRECTOR)
Highest reported compensation
- JENANNE ELDER (SENIOR PROJECT ASSOCIATE I): $160,762 total reported compensation
- REGINA HUERTER (SENIOR PROJECT ASSOCIATE I): $155,293 total reported compensation
- LISA MAYE (SENIOR PROJECT ASSOCIATE): $145,288 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See page 1 item 1 and continuation on schedule o.
What it reported doing in 2024
Homeless & housing resource center: delivers training and technical assistance to the community and persons working with individuals who are at risk for, or are experiencing homelessness.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 60
- Accountability: 95
- Sustainability: 19
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.7%; rating input score 96
- Program expense ratio: 94%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 10th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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: 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: Fail
- 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: -2.4%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0.46; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.75; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 24.8%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 5.4% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 2.2% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: -0.2% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 95.7% of revenue deployed · 94% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $2.8M in reported program spending
- Leadership: top reported pay $161K · 13 people listed · 0 of 6 pay-setting controls reported
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.