Woodbury Community Foundation

Nonprofit profile at a glance

EIN
721592506
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Woodbury, MN, USA
Phone
6515057024
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Official website

Reported finances

Revenue
$417,434
Expenses
$377,657
Assets
$1,345,325
Liabilities
$49,817

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

Leadership & pay

19 people listed

People named in this filing

  • CHRISTIE DENSON (BOARD CHAIR)
  • JACQUES PEULEN (BOARD VICE CHAIR)
  • ROSS HILLUKKA (TREASURER)

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

Our mission is to strengthen our community by connecting people and organizations with causes that matter. Our vision is to ensure our community is a premier and caring place to live, work, and play. The inspired determination of our (see schedule o for continuation)board members, donors, volunteers, and partners working through innovative collaborations fuels our goal, the well-being of all residents of woodbury.

What it reported doing in 2024

We prioritize collaboration and work closely with our network of non-profits, fund holders, donors and volunteers to meet the unique needs of woodbury. Our ultimate goal is to promote a thriving community and improve the quality of life for all who call woodbury home. This includes working as a fiscal sponsor, custodian, and sponsor of donor advised funds for other organizations and individuals making an impact in the city of woodbury, such as angels of hope memorial fund, bash for brains, heritage society fund, live brave fund, mn wild sled hockey program, one woodbury fund, rounds for rebs, woodbury firefighters alumni association, woodbury lions, and woodbury news net fund.

Operating model

Revenue model
Donor-supported. 89% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 48% for direct work, and 52% for 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 88
  • Accountability: 88
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.3%; rating input score 74
  • Program expense ratio: 79.1%; rating input score 79
  • Fundraising efficiency: $23.76 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 91.6%; rating input score 92; 53rd 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: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: 9.5%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 3.56; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 21.3% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 12.9% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 19.1% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 74.3% of revenue deployed · 79.1% of spending went to programs
  • Governance: 18 of 18 board members independent · 5 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $299K in reported program spending
  • Leadership: top reported pay $0 · 19 people listed
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 12 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 6 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 — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Operating margin scored 59/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.