Squadron a Foundation
Overview
Mission
To preserve, publish and display history, traditions, and memorabilia at squadron a and to make grants to deserving organizations associated with the military
What it reported doing in 2020
To preserve, publish and display history, traditions and memorabilia at squadron a and to make grants to deserving organizations associated with the military. Grants were made to approximately 15 organizations.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 67% for direct work, and 33% for grants.
Nonprofit profile at a glance
- EIN
- 133896494
- IRS 990 coverage
- 2020–2020
- Forms available
- Form 990 2020, Form 990-EZ 2017, Form 990-N 2012
- Headquarters
- New York, NY, USA
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Limited
- Sector
- Military, Veterans' Organizations
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and the filing reports that some governance safeguards are missing.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 42
- Growth: 33
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.5%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -65.2%; rating input score 28; 28th percentile among comparable filings
- Operating reserve ratio: 11.89; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: -1.5% per year; rating input score 0; 62nd percentile among comparable filings
- Asset growth: 23.9% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.5% of spending went to programs
- Governance: 4 of 4 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $77K in reported program spending
- Leadership: top reported pay $700 · 51 people listed
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 5 filed schedules
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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.