Upper Des Moines Opportunity Inc
Nonprofit profile at a glance
- EIN
- 420923424
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Graettinger, IA, USA
- Phone
- 7128593885
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $18,773,358
- Expenses
- $18,093,608
- Assets
- $7,236,734
- Liabilities
- $1,173,746
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- RICK RASMUSSEN (PRESIDENT)
- TIM FAIRCHILD (VICE PRESIDENT (THRU OCT 2024))
- JULIE EDWARDS (EXECUTIVE DIRECTOR)
Highest reported compensation
- JULIE EDWARDS (EXECUTIVE DIRECTOR): $125,751 total reported compensation
- TYLER HENDERSON (FISCAL DIRECTOR): $92,589 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Upper des moines opportunity, inc. Is dedicated to helping build stronger communities by addressing the effects of poverty on individuals and families.upper des moines opportunity, inc. Will strengthen communities through: the promotion of progressive leadership and a positive environment, achieve goals and break down barriers; the building of partnerships to maximize community resources; the bridging of communication between clients, partners, and staff; the creation of an environment in which diversity in all its forms is valued and encouraged; fiscal excellence and responsibility are valued and maintained; and diversified resources are developed to meet community needs. Through these actions, upper des moines opportunity, inc. Will continue to evolve and grow in order to serve communities.
What it reported doing in 2024
Child education - this category includes a variety of programs and services geared toward the care and education of young children. Parents may also be assisted through these initiatives.head start/early head start/child development centers - upper des moines opportunity (udmo) head start and early head start programs and child development centers are funded for 254 children in head start, early head start is funded for 183 children and child development centers are funded for 32 children. All programs maintained full enrollment throughout the program year. Head start serves many more children in partnerships with school districts in its eight-county service area. Upper des moines opportunity's head start programs are available in buena vista, clay, dickinson, emmet, o'brien, osceola, palo alto, and pocahontas. Early head start is available in the counties of buena vista, clay and emmet.during the year a cumulative total of 281 children were served by head start, 25% lived in families with incomes below 100% of poverty, 5.7% lived in families between 100% and 130% of poverty, 1.7% lived in families above 130% of poverty, 50% received public assistance, and 1% were in foster care and 16.4% were homeless. During the year a cumulative total of 205 children were served by early head start, 29% lived in families with incomes below 100% of poverty and 3% lived in families with incomes between 100% and 130% of poverty, 0% lived in families above 130% of poverty, 44% received public assistance, 1.4% were in foster care and 29% were homeless. Head start and early head start served a combined total of 12% of childrechild education - this category includes a variety of programs and services geared toward the care and education of young children. Parents may also be assisted through these initiatives.head start/early head start/child development centers - upper des moines opportunity (udmo) head start preschool and early head start programs and child development centers are funded for 254 children in head start preschool, early head start is funded for 183 children and shared visions are funded for 32 children. All programs maintained full enrollment throughout the program year. Head start preschool serves many more children in partnerships with school districts in its eight-county service area. Upper des moines opportunity's head start preschool programs are available in buena vista, clay, dickinson, emmet, o'brien, osceola, palo alto, and pocahontas. Early head start is available in the counties of buena vista, clay and emmet.during the year a cumulative total of 281 children were served by head start preschool, 25% lived in families with incomes below 100% of poverty, 5.7% lived in families between 100% and 130% of poverty, 1.7% lived in families above 130% of poverty, 50% received public assistance, and 1% were in foster care and 16.4% were homeless. During the year a cumulative total of 205 children were served by early head start, 29% lived in families with incomes below 100% of poverty and 3% lived in families with incomes between 100% and 130% of poverty, 0% lived in families above 130% of poverty, 44% received public assistance, 1.4% were in foster care and 29% were homeless. Head start preschool and early head start served a combined total of 12% of children with disabilities. N with disabilities.
Operating model
- Revenue model
- Grant-funded. 95% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 96
- Accountability: 100
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.4%; rating input score 95
- Program expense ratio: 93.5%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd 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; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.6%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 64; 64th percentile among comparable filings
- Officer compensation ratio: 1.2%; rating input score 84; 84th percentile among comparable filings
Growth
- Program expense growth: 3.9% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 15th percentile among comparable filings
- Asset growth: 5.2% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: 95.4% of revenue deployed · 93.5% of spending went to programs
- Governance: 16 of 16 board members independent · 9 of 9 filing controls reported
- Programs: 7 filed program accomplishments · $16.9M in reported program spending
- Leadership: top reported pay $126K · 21 people listed
- Highest-paid contractors: 5 contractors listed · $1.3M reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 56 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.