Unlocking Potential Foundation
Nonprofit profile at a glance
- EIN
- 821811573
- IRS 990 coverage
- 2020–2020
- Forms available
- Form 990 2020
- Location
- Alexandria, VA, USA
- Phone
- 7032142119
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Management & Technical Assistance
Reported finances
- Revenue
- $570,031
- Expenses
- $618,743
- Assets
- $7,286
- Liabilities
- $8,074
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Casey Enders (CEO)
Highest reported compensation
- Casey Enders (CEO): $195,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Unlocking Potential Foundation's mission is to assist other recognized charitable organizations in using their existing resources more effectively to achieve higher performance and greater efficacy. To this end the foundation's primary activity is to design and implement educational programs for officers employees and volunteers of charitable organizations to impart problem-solving and leadership skills.
What it reported doing in 2020
Unlocking Potential Foundation staff consultants and leadership designed a leadership development virtual and digital program and began delivering it to non-profits and volunteers. This was in response to COVID-19 pandemic.
Operating model
- Revenue model
- Donor-supported. 71% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 65
- Accountability: 90
- Sustainability: 8
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82%; rating input score 82
- Program expense ratio: 75.5%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8.5%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: 1.11; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 31.5%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 82% of revenue deployed · 75.5% of spending went to programs
- Governance: 3 of 3 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $352K in reported program spending
- Leadership: top reported pay $195K · 4 people listed · 0 of 6 pay-setting controls reported
- Consistency: 39 of 41 current checks pass · 2 findings to review
- Schedules: 4 filed schedules · includes major donors and executive pay
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 14/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 7/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX InformationTechnology column sum did not reconcile in the filed values.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.