A-mark Foundation
Nonprofit profile at a glance
- EIN
- 954621496
- IRS 990-PF coverage
- 2012–2024
- Forms available
- Form 990-PF 2024, Form 990-T 2024
- Location
- Santa Monica, CA, USA
- Phone
- 3105871447
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Standard
Reported finances
- Revenue
- $627,519
- Expenses
- $919,444
Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.
Overview
Mission
A-mark Foundation is a nonprofit. Location: Santa Monica, CA. EIN 954621496. Tax year 2024 Form 990-PF reports $628K revenue and $919K expenses.
What it reported funding in 2024
The foundation reported 74 grants totaling $360,926. The stated grant purposes included "fertile terrain" projects, academic and financial support for underserved communities, and administrative fee and marketing budget, plus 63 other reported purposes.
Operating model
- Revenue model
- Investment-supported. 71% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- Hybrid. The foundation combined direct charitable work with grants to other organizations or people.
The verdict
SUPPORTED - A large share of available resources goes to charitable grants and the filing identifies who received its grants. A relatively small share of spending goes to grants and the filing reports one or more activities that warrant closer review.
Rating breakdown
- Grant Deployment: 69
- Cost Efficiency: 39
- Transparency: 100
- Compliance: 90
- Endowment Health: 94
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 68.9%; rating input score 69; 11th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 39.3%; rating input score 39; 11th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 15 of 19 controls in place; rating input score 79
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Fail
- Goods, services, or facilities involving a disqualified person: Fail
- Compensation paid to a disqualified person: Fail
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Fail
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 10; rating input score 100
Endowment Health
- Endowment-health comparison: 67.93; rating input score 94; 94th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: 68.9% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 94th percentile for endowment coverage
- Consistency: 10 of 10 current checks pass
- Filing history: 11 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 76 filed money-flow records
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Cost Efficiency: Grant expense ratio scored 39/100.
- Review — Compliance: Part VII-B activity disclosures: 4 of 19 not reported.