The University of the Witwatersrand Fund Inc
Overview
Mission
To support the university of the witwatersrand in south africa.
What it reported doing in 2024
Grants to support the university of the witwatersrand in south africa.
Operating model
- Revenue model
- Donor-supported. 77% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 133902012
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-EZ 2016
- Headquarters
- New York, NY, USA
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Employment Procurement Assistance
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 81
- Accountability: 95
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.8%; rating input score 98
- Program expense ratio: 84.2%; rating input score 84
- Fundraising efficiency: $12.18 raised per $1 spent on fundraising; rating input score 44; 44th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- 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: 7 of 8 controls in place; rating input score 88
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -14.2%; rating input score 13; 13th percentile among comparable filings
- Operating reserve ratio: 5.57; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 14.3%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 3.2% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 12.2% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 34.6% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 97.8% of revenue deployed · 84.2% of spending went to programs
- Governance: 18 of 18 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $588K in reported program spending
- Leadership: top reported pay $100K · 20 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 6 filed schedules · includes major donors and foreign activity
- Filing history: 9 annual filings from 2013 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.