Rypien Foundation

Nonprofit profile at a glance

EIN
201144723
IRS 990 coverage
2013–2018
Forms available
Form 990 2018
Location
Spokane, WA, USA
Phone
5097472424
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Official website

Reported finances

Revenue
$159,472
Expenses
$496,765
Assets
$1,173,211
Liabilities
$1,838

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • Steve Rector (President)

Highest reported compensation

  • Mark Rypien (Chairman): $60,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Rypien Foundation is to assist families who are battling childhood cancer through the support of community organziations that provide direct family support and services to children with cancer and their families.

What it reported doing in 2018

Contributions made to Sacred Heart Children's Hospital to fund the Family Support Coordinator position who provides support to patients and families, the Child Life Specialist position who works to provide patients and families with education and emotional support, sponsor movie nights, provide a grant to the Children's Hospital for an Emergency Travel Assistance Fund, and provide a grant for the Oral Care Fund.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and the required major-donor schedule is missing or incomplete.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 81
  • Accountability: 79
  • Sustainability: 30
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 70.3%; rating input score 70
  • Fundraising efficiency: $7.16 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.7%; rating input score 100; 57th percentile among comparable filings
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -211.5%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 2.36; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 12.1%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 10.1% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: -7.5% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -10.7% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 70.3% of spending went to programs
  • Governance: 14 of 14 board members independent · 4 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $349K in reported program spending
  • Leadership: top reported pay $60K · 14 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 6 filing years from 2013 to 2018
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 5 filed related-organization links
  • 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.

  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 31/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.