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Spectrum Industries

EIN 42-1232860 · Decorah, IA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair52 out of 100GovernanceGood84 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Helping individuals with cognitive disabilities, mental illness, and other barriers to independent living enter the workforce and the community.

Income
$670,697
Spending
$715,999
Spent on programs
77%
Reserves
6.3 months of spending
Largest source of income
fees for its services, 79%
Employees
13
Volunteers
8
Highest pay
$59,550, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 52 out of 100. Higher than 22% of charities in its peer group (employment, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.3 months of spending.

  • Debt

    5 of 20

    It owes 55% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 7% of income.

  • Income trend

    0 of 15

    Income fell 46% on the year before.

  • Spending floor

    15 of 15

    77% of spending went to programs and raising each dollar of donations cost 5 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 84 out of 100. Higher than 66% of charities in its peer group (employment, $250k to $1m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $549,895 spent. Our Day Habilitation Services aim to promote personal growth and independence for individuals with disabilities through structured, skill-building activities. We provided service days to clients, offering life skills training, community engagement opportunities, and therapeutic sessions. This program fostered increased self-sufficiency and social integration, directly impacting many individuals served across our organization. Community engagement opportunities include outings, dining out access, and presentations from community members and businesses.(Statement continued on Schedule O)Prevocational Services empower individuals to prepare for and sustain meaningful employment. We supported clients with job coaching, resume development, interview preparation, and on-site job placements. Individuals that secured employment this year contribute to a broader impact of economic participation and self-reliance. These services represent a crucial step toward achieving long-term vocational goals for many of the individuals we served.Home-Based Habilitation and Supported Community Living Services focus on supporting individuals to live independently and thrive within their communities. This year, we provided many hours of direct support, assisting clients with daily living tasks such as meal preparation, medication management, and household maintenance. Additionally, our Supported Community Living services included on-site and community-based assistance designed to help individuals navigate their environments, access resources, and maintain social connections. These combined efforts enhanced the quality of life and independence for many of the individuals served across our programs.In FY25, The Spectrum Network served individuals across all programs, delivering essential support and services that align with our mission to empower individuals with disabilities. Through Day Habilitation, Prevocational, Home-Based Habilitation, and Supported Community Living Services, we provided measurable improvements in independence, community engagement, and self-reliance.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1984.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.