Irvington Education Foundation
Overview
Mission
To provide programs & supplies to the local schools for the enrichment of their students.
What it reported doing in 2024
Monies raised are used to supplement the local schools budgets to allow them to provide programs and supplies for enrichment, which otherwise could not be offered.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
Nonprofit profile at a glance
- EIN
- 133899776
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Headquarters
- Irvington, NY, USA
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and the filing reports that some governance safeguards are missing.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 94
- Accountability: 18
- Sustainability: 25
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92.4%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- 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: 0%; rating input score 0; 9th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -133.7%; rating input score 16; 16th percentile among comparable filings
- Operating reserve ratio: 1.65; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.68; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 0.6% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: -0.7% per year; rating input score 0; 57th percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 92.4% of spending went to programs
- Governance: 0 of 6 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $157K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes grants
- Filing history: 15 annual filings from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.