East Texas A&m University Foundation
Overview
Mission
Student scholarship awards and University support.
What it reported doing in 2023
East Texas A&M University Operational Support - Faculty and academic department program support, alumni support, athletic support, president's operating funds, project support, etc. (12 months of the year).
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions.
- Distribution model
- Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 237076930
- IRS 990 coverage
- 2010–2023
- Forms available
- Form 990 2023
- Headquarters
- Commerce, TX, USA
- Rating
- 98
- Verdict
- STRONG
- Rating confidence
- Moderate
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports that some governance safeguards are missing.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Accountability: 94
- Sustainability: 82
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.4%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd 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; 64th percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 13.7%; rating input score 70; 70th percentile among comparable filings
- Operating reserve ratio: 9.83; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 98; 98th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 92; 92nd percentile among comparable filings
Growth
- Program expense growth: 10.5% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 6.7% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.4% of spending went to programs
- Governance: 25 of 25 board members independent · 6 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $3.9M in reported program spending
- Leadership: top reported pay $0 · 25 people listed
- Consistency: 45 of 45 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 12 annual filings from 2010 to 2023
- Money network: 2 filed money-flow records
- Related organizations: 3 filed related-organization links