WPCU Sunshine Community Fund

Nonprofit profile at a glance

EIN
852669888
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2020
Location
Beavercreek, OH, USA
Phone
8007620047
Rating
67
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$907,830
Expenses
$506,612
Assets
$1,369,774
Liabilities
$14,227

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

Leadership & pay

8 people listed

Executive titles in this filing

  • AMY REILLY (PRESIDENT, BOARD OF TRUSTEES)
  • TRACY SZARZI-FORS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • TIMOTHY MISLANSKY (TRUSTEE): $1,163,491 total reported compensation
  • AMY REILLY (PRESIDENT, BOARD OF TRUSTEES): $547,899 total reported compensation
  • TRACY SZARZI-FORS (EXECUTIVE DIRECTOR): $368,081 total reported compensation

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

Overview

Mission

Develop and provide financial learning programs, products, and/or services to enable financial wellbeing for all age groups regardless of economic & social situations, but with an emphasis on areas suffering from financial disparities. Facilitate and support programs that provide financial stabilization, minority lending and entrepreneurialism within economically stressed communities. Support and deliver financial wellbeing programs for military members, veterans, and their families. Strengthen emergency or emerging financial wellness initiatives within the communities we serve. Respond to community crises and emerging issues influencing our communities' financial health and well being. Address opportunities for economic expansion of the region(s) wpcu serves especially in areas that will benefit those living in economically stressed communities.

What it reported doing in 2024

Wpcu sunshine community fund manages the following funds: 1. Moneymagnifier - enhance financial capability development among k college students, with intentional efforts given to engage students who are underserved, college-bound or currently in college and living within the communities wpcu serves moneymagnifier features a variety of financial learning activities, programs and classroom presentations to enable students' financial literacy today and foster financially secure adults in the future. 2. Managing your finances through cancer - financial learning program for patients who are diagnosed with cancer (especially stage 4 cancer) in the dayton region. Using a combination of one-on-one coaching, hands on tools and self serve technology, the hybrid financial learning program includes an initial financial evaluation/needs assessment to determine immediate next steps for newly diagnosed cancer patients and those who survive. 3. First-time homebuyer down payment assistance program - provide grants to first-time homebuyers who fall below a certain income level. 4. Douglas a. Fecher learning in excellence scholarship program - provides scholarships to students in need that attend wright state university or the university of cincinnati with an option to renew the scholarship for an additional year.

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 75% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 71
  • Accountability: 59
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 49.3%; rating input score 49
  • Program expense ratio: 88.1%; rating input score 88
  • Fundraising efficiency: $33 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 16th 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: 96.3%; rating input score 96; 43rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 57.1%; rating input score 57; 12th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: 44.2%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 2.7; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 39.4%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 11.6% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 26.6% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 31.4% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 49.3% of revenue deployed · 88.1% of spending went to programs
  • Governance: 4 of 7 board members independent · 5 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $446K in reported program spending
  • Leadership: top reported pay $1.2M · 8 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 26 filed money-flow records
  • Related organizations: 27 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Independent voting board scored 57/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 4/100.