Adac Advocacy Foundation Inc
Nonprofit profile at a glance
- EIN
- 934771705
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Leominster, MA, USA
- Phone
- 7743640567
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $112,400
- Expenses
- $83,066
- Assets
- $32,094
- Liabilities
- $2,760
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- STEVE PERLA (PRESIDENT)
People named in this filing
- STEVE PERLA (PRESIDENT)
- TOM OLSON (TREASURER)
- PATRICK MALONE (SECRETARY OF THE THE BOARD)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To empower private schools and networks across the nation to attain for their students lawful and equitable participation in federal educational grant programs. As well as cultivating among public and private school stakeholders a shared commitment to serving all students.
What it reported doing in 2024
Adac advocacy provided advocacy services on behalf of non public schools and other non public education entities to help them allocate federal funding that they are entitled to per federal law. Due to this advocacy, funding, specifically for special education, was allocated to students who are in need of and entitled to those services. The specific federal funding being advocated for is idea and essa funding for students identified as having learning differences or who are socioeconomically impacted.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 100
- Sustainability: 57
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.8%; rating input score 74
- Program expense ratio: 99.9%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 26.1%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 73.8% of revenue deployed · 99.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $83K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.