Waukee Foundation Inc

Nonprofit profile at a glance

EIN
204379180
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-N 2016
Location
Waukee, IA, USA
Phone
5157209183
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$41,582
Expenses
$11,256
Assets
$219,922
Liabilities
$0

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

Leadership & pay

15 people listed

Executive titles in this filing

  • RACHEL SCHEVE (Vice President)
  • NILE HICKS (President)

People named in this filing

  • JIM MILLER (BOARD MEMBER)
  • DON BLUM (BOARD MEMBER)
  • INGRID WILLIAMS (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The waukee betterment foundation was founded to preserve and grow a healthy waukee community. We do that by providing financial support to agencies and projects that make an impact on the waukee area and focus on the keys to good living. Our areas of focus include: community gathering places, healthy living, public art, parks & recreation, all-inclusive areas, trails, and social services. We are an entirely volunteer run organization, with low non-program service expense needs. Donations to the waukee betterment foundation have a substantial and lasting impact to the community.

What it reported doing in 2024

Previous projects:--all-inclusive areas project--the waukee betterment foundation raised funds to assist in the construction of a miracle league ball park, inclusive landscape structures epic playground, and ada compliant fishing pier in dallas county. Miracle league fields operate at capacity of roughly 250 children in leagues. Given the identified special needs local population of almost 1,200 children, the need for this facility is very real. A child with special needs does not outgrow the needs; they become adults with special needs. There are at least as many adults in the community with spcecial needs as there are children, and this complex will provide adult leagues access as well as other special uses for the field. An all-inclusive playground is located adjacent to the miracle league field as well. This playground offers ada compliant playground equipment as well as the soft surface needed to protect children and others enjoying the facility in the event of a fall. Anyone with mobility issues is able to enjoy the playground, even rolling a wheelchair onto some of the equipment. The goal of the playground is to have everyone be able to play together, regardless of their abilities.an ada compliant fishing pier is also included in this project, and is located near the playground and miracle league field. It is built on a 14-acre pond, stocked by the dnr, and is also a big draw and helps to promote inclusiveness as well. The fishing pier allows anyone in a wheelchair or scooter to pull right up and fish. There are also ada compliant restrooms and parking located with these three facilities.the waukee betterment foundation raised the funds for construction of the projects. Upon completion, the city of waukee took ownership and operations of the facilities within the waukee parks & recreation, who will be responsible for long-term ongoing upkeep and programs. This will ensure the project's long-term sustainability for the community. The all inclusive areas project was completed and opened to the public in july 2022 as "triumph park"--waukee railroad pergola "in the shadow of the rails"--the waukee betterment foundation raised $1.1 million for the creation and installation of the waukee railroad pergola in the shadow of the rails. Each summer, thousands of biking and trail users visit the public art installation at the raccoon river valley trailhead located in waukee. The community gathering place, which opened in 2018, was designed by david dahlquist and rdg planning & design and features red and white columns to visually echo former railway signage. The project celebrates the railroad history of waukee, and features led lights to make nighttime riding enjoyable.current/ongoing:--long-term endowment--the waukee betterment foundation provides grants and awards to organizations across waukee and dallas county.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 43
  • Transparency & Controls: 84
  • Accountability: 76
  • Sustainability: 82
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 22.4%; rating input score 22
  • Program expense ratio: 70.2%; rating input score 70
  • Fundraising efficiency: $20.38 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 13th 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; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: 72.9%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 19.54; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -15% per year; rating input score 0; 22nd percentile among comparable filings
  • Revenue growth: -58.6% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -47.5% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 22.4% of revenue deployed · 70.2% of spending went to programs
  • Governance: 13 of 13 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $8K in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 14 of 14 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Mission deployment rate scored 22/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.