Sheridan Foster Parent Exchange

Nonprofit profile at a glance

EIN
464345066
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-N 2019
Location
Sheridan, WY, USA
Phone
3074619113
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Foster Care

Reported finances

Revenue
$538,303
Expenses
$215,234
Assets
$587,094
Liabilities
$42,356

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

Leadership & pay

6 people listed

Executive titles in this filing

  • CARLA CRAYTON (EXECUTIVE DIRECTOR)
  • SHELLIE EMAN (PRESIDENT)

People named in this filing

  • CARLA CRAYTON (EXECUTIVE DIRECTOR)
  • SHELLIE EMAN (PRESIDENT)
  • MELINDA ABBOTT (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The sheridan foster parent exchange serves foster, adoptive, and kinship parents and children during the journey of foster care.

What it reported doing in 2024

During the year 2024, approximately 658 hours of volunteer works went into sheridan foster parent exchange. We provided 31 beds, 40 full kits, a total of 1,552 services, with 1,439 of those coming from sheridan and johnson counties. We were blessed with an aarp participant through their seniro community services employment program and a vista through americorps. At the end of october 2024, we moved into our new building, making these services more efficient for faster turnaround time. 2025 we have begun a new resource database and have more porjects forthcoming.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 53% for direct work, and 47% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 73
  • Accountability: 70
  • Sustainability: 81
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 36.6%; rating input score 37
  • Program expense ratio: 91%; rating input score 91
  • Fundraising efficiency: $68.99 raised per $1 spent on fundraising; rating input score 82; 82nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 45.3%; rating input score 45; 28th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: 60%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 2.73; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 19.8% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 29.6% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 33.3% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 36.6% of revenue deployed · 91% of spending went to programs
  • Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $196K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Transparency & Controls: Grant itemization coverage scored 45/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.