Aeka Global Foundation
Nonprofit profile at a glance
- EIN
- 461602644
- IRS 990-PF coverage
- 2012–2023
- Forms available
- Form 990-PF 2023
- Location
- Los Altos, CA, USA
- Phone
- 6505216303
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $52,154
- Expenses
- $47,282
Source: IRS Form 990-PF. Selected filing: tax year 2023. Amounts in USD.
Overview
Mission
Human Service Organizations
What it reported funding in 2023
The foundation reported 4 grants totaling $5,450. The stated grant purposes included to provide the best educational experience possible for the students attending los altos high school., to invest in an innovative learning environment that provides the opportunity for all students to grow and thrive., and to foster educational experiences that build connections and inspire a deeper appreciation and respect for nature, food, and one another., plus 1 other reported purpose.
Operating model
- Revenue model
- Donor-supported. 100% of the foundation's positive operating resources came from contributions.
- Distribution model
- Direct operator. The foundation carried out 88% of its reported charitable disbursements directly.
The verdict
STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. A relatively small share of spending goes to grants.
Rating breakdown
- Grant Deployment: 100
- Cost Efficiency: 12
- Transparency: 100
- Compliance: 100
- Endowment Health: 92
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 100%; rating input score 100; 88th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 11.5%; rating input score 12; 15th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Pass
- 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: Pass
- 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: 37.73; rating input score 92; 92nd 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: At least 100% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 92th percentile for endowment coverage
- Consistency: 10 of 10 current checks pass
- Schedules: 1 filed schedules
- Filing history: 11 filing years from 2012 to 2023
- Contacts: How to reach this organization
- Money network: 4 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.
- High — Cost Efficiency: Grant expense ratio scored 12/100.