United Way and Community Foundation of Greater Fort Dodge
Nonprofit profile at a glance
- EIN
- 421439853
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Fort Dodge, IA, USA
- Phone
- 5155733179
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $3,380,297
- Expenses
- $2,271,909
- Assets
- $16,841,141
- Liabilities
- $1,268,632
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- MATT COSGROVE (PRESIDENT)
- RANDY KUHLMAN (CEO)
Highest reported compensation
- RANDY KUHLMAN (CEO): $146,250 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide direct support of various charitable, educational or scientific organizations which are exempt from federal income tax for projects intended to encourage growth in all aspects of the community.
What it reported doing in 2024
Over the past year, the united way & community foundation of greater fort dodge supported many different non-profit organizations and community betterment projects. Grants were provided to support programs for low income youth, their families and senior citizens including: after school programs, programs to support mental health counseling, homeless prevention, domestic violence prevention, child abuse prevention, support for basic needs such as food, clothing, transporatation, access to healthcare services, eye glasses for youth, recreation programs, educational scholarships, fire safety, meals on wheels for seniors, etc. Grants were also made in support of community betterment projects for fire departments, community center renovation, a downtown renovation project, public library project, community special events and other projects.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73%; rating input score 73
- Program expense ratio: 88.3%; rating input score 88
- Fundraising efficiency: $35.6 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 54%; rating input score 54; 16th percentile among comparable filings
- 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: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 32.8%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 7.41; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 64; 64th percentile among comparable filings
- Officer compensation ratio: 6.4%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 4.4% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 13.2% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 73% of revenue deployed · 88.3% of spending went to programs
- Governance: 16 of 16 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2M in reported program spending
- Leadership: top reported pay $146K · 17 people listed
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 46 filed money-flow records
- Related organizations: 40 filed related-organization links
- 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.
- Review — Transparency & Controls: Grant itemization coverage scored 54/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.