Agua Fria Foundation
Nonprofit profile at a glance
- EIN
- 942783672
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2015, Form 990-EZ 2024, Form 990-N 2011
- Location
- Goodyear, AZ, USA
- Phone
- 6236943507
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $76,386
- Expenses
- $30,088
- Assets
- $273,986
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Angelo Rosseti (President)
- Jerry Cipriano (Vice President)
People named in this filing
- Jon Warkomski (Director)
- Angelo Rosseti (President)
- Heather Rayner (Treasurer)
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 fund and support educational projects in the Agua Fria Union High School District in Arizona which lack sufficient District funding and, without Foundation monies, could not be implemented.
What it reported doing in 2024
Provided funding for educational projects in the Agua Fria Union High School District in Arizona which lacked sufficient District funding and, without Foundation monies, could not be implemented.
Operating model
- Revenue model
- Donor-supported. 97% 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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 52
- Transparency & Controls: 100
- Sustainability: 86
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 34.2%; rating input score 34
- Program expense ratio: 82.3%; rating input score 82
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: 60.6%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 9.11; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 4.7% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 13% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 34.2% of revenue deployed · 82.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $25K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.