Akron-westfield Educational Excellence Foundation

Nonprofit profile at a glance

EIN
421416658
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-N 2023
Location
Akron, IA, USA
Phone
7122516358
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$278,667
Expenses
$21,568
Assets
$1,187,263
Liabilities
$0

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

Leadership & pay

14 people listed

Executive titles in this filing

  • LISA HARRIS (PRESIDENT)
  • DAN ROLFES (VICE-PRESIDENT)

People named in this filing

  • CONNIE BLAKE (TREASURER)
  • LISA HARRIS (PRESIDENT)
  • DAN ROLFES (VICE-PRESIDENT)

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

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

Overview

Mission

Our mission is to invest in the security of the akron-westfield community's future. It is our goal to serve as a catalyst to enable the patrons of the akron-westfield school district to provide opportunities which are necessary to ensure educational excellence for future graduates.

What it reported doing in 2025

The goal of the foundation is to increase the amount provided to akron-westfield graduates as well as provide other opportunities for staff and students. We work within the guidelines establisehd by donors regarding the dollar amount of the scholarships. As the foundations grow it will enable us to provide additional scholarships and increase the dollar amounts of each scholarship. We were able to award $15,450 in scholarships to the 2025 graduates.

Operating model

Revenue model
Donor-supported. 90% 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 most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 30
  • Transparency & Controls: 94
  • Accountability: 70
  • Sustainability: 93
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 10.5%; rating input score 10
  • Program expense ratio: 71.6%; rating input score 72
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 92.3%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 55.05; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 9.1% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 122.8% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 33.6% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 10.5% of revenue deployed · 71.6% of spending went to programs
  • Governance: 14 of 14 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2024 to 2025
  • 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.

Key Signals

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

  • High — Financial Efficiency: Mission deployment rate scored 10/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.