Trusight

Nonprofit profile at a glance

EIN
411298531
IRS 990 coverage
2011–2012
Forms available
Form 990 2012
Location
Plymouth, MN, USA
Phone
7632537640
Rating confidence
Limited
Sector
Job Training

Official website

Reported finances

Revenue
$5,200,038
Expenses
$6,386,419
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

10 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Trusight's mission is to help our members understand how human resources can play a strategic role and contribute directly to growth and the bottom line, to provide hr and management with tools and support to make that roi contribution, and to help hr professionals communicate these important messages to the executive suite.

What it reported doing in 2012

At trusight, we are committed to providing our members and customers with the information, clarity, and perspective they need to perform in the contemporary business environment. We serve as a trusted resource, sorting through all of the clutter to give our members best practices based upon years of in-the-trenches experience. We monitor the trends, keeping what works and bringing the best and most effective new ideas back to our members. Our three primary offerings are membership, consulting, and training. Membership provides valuable support, tools, and resources to hr professionals and management to assist in the day-to-day human resources functions. Trusight's consulting services provide assistance on a wide range of hr and management issues. Our training classes and workshops cover training for the hr staff member and training for our members' employees in a host of categories, from leadership, to conflict management, to presentation skills.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 10
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th 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: Scored; rating input score 0

Accountability

  • Independent voting board: 88.9%; rating input score 89; 20th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -22.8%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 2.9%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -27.5% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 8 of 9 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $95K · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 5 filed schedules · includes major donors and related organizations
  • Filing history: 2 filing years from 2011 to 2012
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.