The Fraser Foundation

Nonprofit profile at a glance

EIN
364903514
IRS 990 coverage
2018–2018
Forms available
Form 990 2018
Location
Fargo, ND, USA
Phone
7012323301
Rating
33
Verdict
REVIEW
Rating confidence
Limited

Reported finances

Revenue
$659,047
Expenses
$0
Assets
$659,047
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • MICHAEL KIRK (VICE PRESIDENT)
  • SANDRA LEYLAND (PRESIDENT/CEO)

Highest reported compensation

  • SANDRA LEYLAND (PRESIDENT/CEO): $205,261 total reported compensation
  • PATRICIA KALIBABKY (DIRECTOR OF OPERATIONS): $107,170 total reported compensation
  • AMANDA BARTON (DIRECTOR OF ACCOUNTING & DIRECTOR OF OPERATIONS): $95,899 total reported compensation

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

Overview

Mission

To carry out the purposes of fraser, ltd. Namely to provide financial support to fraser, ltd., a 501(c)(3).

What it reported doing in 2018

This corporation is organized exclusively for achieving the charitable purpose of providing a home and completed maintenance for people with disabilities. To furnish them guidance in learning and activities of daily living; experience in social skills, assist in development of individual empowerment and self-advocacy skills. Training in accessing necessary adaptive equipment or services for people with disabilities, training in household duties, basic health care and nutrition. Development of leisure time activities; to encourage them to participate in community affairs, churches, libraries, social functions and all other functions, services and activities needed to properly assist them as nearly as practicable in adjusting to the working world, social life, and independent living.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 65
  • Accountability: 63
  • Sustainability: 11
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • 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: 1 of 9 controls in place; rating input score 11
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 94; 94th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: 7 of 7 board members independent · 1 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $205K · 9 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 10 of 10 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Accountability: Governance controls: 7 of 8 not reported.