Acadia University Us Foundation Nova Scotia

Nonprofit profile at a glance

EIN
980537324
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025, Form 990-N 2014
Location
Wolfville, Nova Scotia, CA
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$46,873
Expenses
$46,873
Assets
$14,279
Liabilities
$13,828

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Nancy Handrigan (President)

People named in this filing

  • Robert Sutherland (Director)
  • Nancy Handrigan (President)
  • Judith Latta (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Foundation was established in 2008. Its purpose is to develop public knowledge and awareness by the American public of the work being conducted by Acadia University, and to encourage financial support for the University and its programs. The Foundation may determine the manner in which the funds available shall be used and distributed for the benefit of Acadia University, and in so determining, be governed by the provisions of any bequest or trust or any conditions to which a transfer is made pursuant to the University Foundations Act. The Foundation is a public charity and, under the provisions of section 501(c)(3) of the Internal Revenue Code Act, is exempt from paying income taxes.

What it reported doing in 2025

Research Awards at Acadia University

Operating model

Revenue model
Donor-supported. 95% 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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Sustainability: 34
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.5%; rating input score 95
  • Program expense ratio: 94.5%; rating input score 95

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 0%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.97; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -2% per year; rating input score 0; 42nd percentile among comparable filings
  • Revenue growth: -9% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -28.9% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 94.5% of revenue deployed · 94.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $44K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.