The Unity Foundation

Nonprofit profile at a glance

EIN
203420789
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Alexandria, MN, USA
Phone
3204916417
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations
Affiliation
Christianity

Official website

Reported finances

Revenue
$190,402
Expenses
$171,774
Assets
$121,445
Liabilities
$0

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

Leadership & pay

17 people listed

Executive titles in this filing

  • PETER NELSON (PRESIDENT)
  • JOE SALO (VICE PRESIDENT)
  • KELSI TIMM (EXECUTIVE DIRECTOR)

Highest reported compensation

  • KELSI TIMM (EXECUTIVE DIRECTOR): $62,263 total reported compensation

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

Overview

Mission

Our mission is to encourage and facilitate unity in christ in the alexandria area through workplace ministry, prayer, worship, churches working together, and strategic giving.

What it reported doing in 2024

The unity foundation exists to encourage and facilitate unity in christ in the alexandria area through workplace ministry. Our focus is on equipping and supporting business leaders, employees, and organizations to boldly live out their faith in their workplaces. In 2024, our key programs and services include: faith@work gatherings monthly networking and teaching sessions that empower business leaders to integrate their faith into their work and leadership. Business outreach initiative regular visits to local businesses to offer encouragement, prayer, and resources on faith in the workplace. Chaplain networking & support a monthly gathering of workplace chaplains to provide community, encouragement, and shared best practices.financial peace university (fpu) course a 9-week financial stewardship program for individuals and families, helping them apply biblical financial principles. Monthly prayer gatherings a space for local leaders, business owners, and individuals to come together in corporate prayer for our community. We also hosted the nation day of prayer. Marriage event with dave & ann wilson hosted an event focused on strengthening marriages through biblical principles and real-life wisdom from renowned speakers. Executive director peer connections monthly meetings with local executive directors to provide encouragement, share leadership insights, and foster collaboration among faith-based and nonprofit organizations

Operating model

Revenue model
Donor-supported. 79% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 92
  • Accountability: 69
  • Sustainability: 48
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.4%; rating input score 75
  • Program expense ratio: 83.1%; rating input score 83
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 9.8%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 0.71; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 36.2%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -14.2% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -0.9% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: 7.6% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 75.4% of revenue deployed · 83.1% of spending went to programs
  • Governance: 16 of 16 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $143K in reported program spending
  • Leadership: top reported pay $62K · 17 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 6 filing years from 2015 to 2024
  • 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.

  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.