Rp6 Inc

Nonprofit profile at a glance

EIN
453484547
IRS 990 coverage
2012–2016
Forms available
Form 990 2016, Form 990-EZ 2016
Location
Lakewood, WA, USA
Phone
2537770556
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Official website

Reported finances

Revenue
$1,943,824
Expenses
$3,931,277
Assets
$78,140
Liabilities
$23,083

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • ANNE SPRUTE (FOUNDER/CEO)

Highest reported compensation

  • ANNE SPRUTE (FOUNDER/CEO): $155,104 total reported compensation
  • KYLEE DURANT (COO): $139,003 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To be a convening location in the community where service members, veterans, and their family members are connected with community service providers that will assist them on their path forward to the next objective.

What it reported doing in 2016

In 2016, rp/6 realized an incredible year of growth. Due to increasing demand amongst the military community, we anticipated having the highest increase in services required in 2016, serving at least 3,000 unique service members, veterans and family members. We surpassed that number by over 2,000 in 2016, serving 5,625 clients in 2016, a 119% increase from 2015. Funds raised in 2016 supported this increase in individuals served via a first-class, military-community facility and a proprietary customized technology platform that provide a safe, reliable and welcoming experience to the troops and families. The following are outcome/impact numbers from 2016 operations at rp/6(Washington): those we serve - end of year totals january 1, 2016 - december 31, 2016 - served 2,250 active duty/transitioning service members (43.5% of our clients) - served 2,362 veterans - served 450 retirees - served 250 reservists - served 170 family members - served 112 national guard members - the following is the breakdown of needs met: o served 2,141 clients with employment needs o served 1,006 clients with education needs o served 623 clients with va benefits needs o served 406 clients with housing needs o served 272 clients with legal needs o served 441 clients with finance needs o served 289 clients with health & wellness needs o engaged 311 new community members interested in volunteerism o total number of partners - 480 o total volunteer hours contributed to rp/6 - 14,000+ in addition to this powerful impact created by our scout program, the rp/6 facility also hosted in demand career skills training opportunities sponsored by many of the rp/6 partner network. By providing a diverse menu of educational and career skills training opportunities focused on career readiness, apprenticeship, financial literacy, 21st century skills, certification programs/cohorts, and continuing education, the service member, veteran and their military family members are able to choose a career path that supports their professional aspirations, and the opportunity to "take charge of their personal transition", via a low- barrier to entry, consolidated point of access, action plan development and the support of a community who has their back on their path forward. By working with their personal scout and rp/6 team, the plan is put into action by utilizing the rp/6 resource room or classroom, and the use of the mobile application that guides them to their next milestone, creating a seamless approach to transition. The following report high-lights the wide variety of opportunities offered via the rp/6 network of partners and the ability to convene at the rp/6 facility to offer the classes, some being the first cohort of veterans and military family members. Due to the success, many are expanding this opportunity nationally to locations where rp/6 has established locations as a strategic partner of the uso. Classes/cohort opportunities include: educational opportunities classes in 2016: -microsoft it academy in partnership with the pierce county library system o mta networking fundamentals o mta database management o microsoft office certifications o email etiquette o word basics o excel basics -job readiness series o job readiness o resume excellence o linkedin elements - rp/6 legal clinic o hosted 1st and 3rd thursday of each month at rp/6 o launched in coordination with tacoma-pierce county bar association/ volunteer legal services (vls) and university of Washington school of law o direct reciprocal referral with jblm legal services office (jag) o day of service - family legal services with Washington state bar association - financial literacy - project management - college 101 - paying for college - sans cybersecurity vetsuccess academy cohort - salesforce certified administrator cohort - kpmg/financial beginnings financial foundations workshops - blue star families caregivers empowering caregivers workshop - ywca bankwork professional banking cohort - mozilla web liter

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 60% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 75
  • Accountability: 95
  • Sustainability: 10
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95.5%; rating input score 96
  • Fundraising efficiency: $59.67 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 74th 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: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -102.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 7.5%; rating input score 46; 46th percentile among comparable filings

Growth

  • Program expense growth: 110.1% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 38.5% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 23.7% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 95.5% of spending went to programs
  • Governance: 7 of 7 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $3.8M in reported program spending
  • Leadership: top reported pay $155K · 9 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 3 filing years from 2012 to 2016
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
  • Moderate — Sustainability: Officer compensation ratio scored 46/100.