Roosevelt High School Foundation

What it reported doing in 2024

The roosevelt for generations capital campaign is a $3 million capital project to improve the facilities and student experience at roosevelt high school, in order to better serve an increasingly diverse student population and ensure excellence in 21st-century education. The campaign is focused on two projects - track and field, and library reimagined.track and field: this project included a renovated track and field. The current track and field was removed and replaced in the same location with state-of-the-art track surfacing and a synthetic turf field. The project updated fencing, added safer sidewalks, new signage, and landscaping beautification. This project is important to roosevelt formany reasons and the space will be a multipurpose community asset: it serves one of Iowa's largest marching bands, and is the practice field for a re-emerging football program, a storied track and field program, and a growing soccer program. During the school day, the track can be utilized by physical education classes for nearly 2,000 students. The field opened in spring of 2023 after construction finalized.library reimagined: this project will renovate the roosevelt library into a learning and innovation center: a "library reimagined" to support current and evolving needs in technology, communications, and development of 21st century skills. It will be a site for class work, small group projects, and independent research. The space has not had updates in 40 years, and needs amenities for multimodal learning and modern research needs. The learning and innovation center will be in the same location as the current library and will include reconfigured spaces including: flexible, collaborative learning spaces, docking stations for computers and research resources, and presentation spaces with updated technology. Traditional resources including books, periodicals, and school archives will also be preserved.

Financial Efficiency

• Mission deployment rate: 13.6%; rating input score 14
• Program expense ratio: 59.9%; rating input score 60
• Fundraising efficiency: $11,571.03 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings

Transparency & Controls

• Consistency checks: 86.7%; rating input score 87; 3rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 92%; rating input score 92; 39th 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: 3 of 8 controls in place; rating input score 38
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • 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: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 81.9%; rating input score 98; 98th percentile among comparable filings
• Total-asset coverage ratio: 10.26; rating input score 92; 92nd percentile among comparable filings
• Liabilities to assets ratio: 0.18; rating input score 33; 33rd percentile among comparable filings
• Officer compensation ratio: 25.4%; rating input score 10; 10th percentile among comparable filings

Growth

• Program expense growth: 14.4% per year; rating input score 100; 74th percentile among comparable filings
• Revenue growth: 16.9% per year; rating input score 100; 82nd percentile among comparable filings
• Asset growth: 10.7% per year; rating input score 100; 61st percentile among comparable filings