Sioux City Police Officers Burial Fund

Nonprofit profile at a glance

EIN
421144400
IRS 990-EZ coverage
2015–2017
Forms available
Form 990-EZ 2017
Location
Sioux City, IA, USA
Phone
7122796104
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Law Enforcement

Reported finances

Revenue
$32,009
Expenses
$8,676
Assets
$366,604

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • STEVE POLAK (TRUSTEE)
  • MARTIN POTTEBAUM (TRUSTEE)
  • JOHN HORTON (TRUSTEE)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Police officers burial fund

What it reported doing in 2017

Provide 2,000 at the time of death to the officer for his first beneficiary or 4,000 to the beneficiary for the officer.

Operating model

Revenue model
Investment-supported. 89% of the money available for current operations came from recurring investment income.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 82
  • Sustainability: 76
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 27.7%; rating input score 28
  • Program expense ratio: 92.2%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 72.9%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 42.25; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 2.3%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: -40% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: 19.7% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 5.8% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 27.7% of revenue deployed · 92.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $8K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Filing history: 3 filing years from 2015 to 2017
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 28/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.