Racine County Opportunity Center
Nonprofit profile at a glance
- EIN
- 391079237
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Racine, WI, USA
- Phone
- 2625546515
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Developmentally Disabled Centers
Reported finances
- Revenue
- $4,011,775
- Expenses
- $3,832,625
- Assets
- $1,377,356
- Liabilities
- $139,780
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- THERESA BERNHARD (PRESIDENT)
- SHERYL HAMILTON (EXECUTIVE DIRECTOR)
Highest reported compensation
- SHERYL HAMILTON (EXECUTIVE DIRECTOR): $155,277 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our focus is on making shortterm investments which will significantly improve the longterm wellbeing of our clients. We will measure our performance against these standards by continuously communicating with our clients, and will take immediate corrective action if we fall short.
What it reported doing in 2024
Community placement program assists individuals with disabilities in finding competitive and independent employment. Individuals with developmental disabilities, mental illness, and displaced workers are given the opportunity and the means to find and retain employment with the assistance of professional staff specifically trained in the assistance of employment development. This is accomplished by carefully assessing the needs of each individual. The assessment may include each individual's capabilities, interests, educational background, talents, vocational training, and employment history. All of the qualities are taken into account by the job developer when assessing their needs to fulfill an employment opportunity that may be available.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 65
- Accountability: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.1%; rating input score 88
- Program expense ratio: 92.1%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 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: 4.5%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 4.1%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 88.1% of revenue deployed · 92.1% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $3.5M in reported program spending
- Leadership: top reported pay $155K · 9 people listed · 0 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 6 filing years from 2019 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.