Rural Employment Alternative

Nonprofit profile at a glance

EIN
421150011
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Conroy, IA, USA
Phone
3196624043
Rating
82
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$715,929
Expenses
$678,755
Assets
$509,764
Liabilities
$327,293

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Jeannine Scandridge (Executive Director (Partial Year))
  • Theresa Seboldt (Executive Director)
  • Marci Mohr (President)
  • Kendra Van Dyke (Vice President)

Highest reported compensation

  • Jeannine Scandridge (Executive Director (Partial Year)): $75,382 total reported compensation
  • Theresa Seboldt (Executive Director): $50,455 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of Rural Employment Alternatives, Inc. ("REA, Inc.") is to provide meaningful community access opportunities, classes and daily living skills programming to individuals who experience mental and physical disabilities and require supervision and assistance. The agency empowers each individual to identify possibilities, become self-advocates and achieve their dreams.

What it reported doing in 2024

Day Habilitation programming provided by Rural Employment Alternatives, Inc. (REA, Inc.) includes training in the areas of social skills, communication, basic academics, daily living skills, promotion of health and wellness, leisure or recreational activities, art appreciation and volunteerism. For the year ending June 30, 2025, the agency provided 7301 days of Day Habilitation services to 49 adults. Absenteeism rates average 8%. REA's Day Habilitation program focused on community integration. Community integration assists individuals in optimizing their personal and social competency to live and interact successfully in the community. Out of 7301 days of Day Habilitation services, 5705 days, or 78% of the programming was community-based. 570 Ninety - Five Percent of the Day Habilitation program participants spent 51% or more (a majority) of their days in community-based Day Habilitation programming.

Operating model

Revenue model
Other-operating. 91% of the money available for current operations came from other operating 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

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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 86
  • Accountability: 100
  • Sustainability: 37
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.5%; rating input score 77
  • Program expense ratio: 81.4%; rating input score 81
  • Fundraising efficiency: $32.43 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • 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: 5.2%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.64; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 18.5%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: -0.3% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 18th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 77.5% of revenue deployed · 81.4% of spending went to programs
  • Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $552K in reported program spending
  • Leadership: top reported pay $75K · 9 people listed
  • Consistency: 28 of 29 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 14 filing years from 2011 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.
  • Review — Sustainability: Operating margin scored 50/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.