Alex Lowe Charitable Foundation Inc

Nonprofit profile at a glance

EIN
810530042
IRS 990-EZ coverage
2010–2012
Forms available
Form 990-EZ 2012
Location
Bozeman, MT, USA
Phone
4065808656
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$72,562
Expenses
$141,824
Assets
$35,776

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

10 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Khumbu Climbing Center teaching safe climbing skills in the Khumbu region of Nepal. Magic Yeti Libraries in Nepal. Current building project - Climbing Center building in Nepal to house the Khumbu Climbing Center.

What it reported doing in 2012

Construction of building to provide school for teaching safe climbing techniques for the Sherpa people who provide guide services to various climbers in Nepal. The Sherpa rely on the income derived from the guide services, but lack sophisticated training to ensure the highest safety practices are employed. By constructing a building to house the Khumbu Climbing School and providing the trained professionals to teach best practices, Alex Lowe Charitable Foundation is saving the lives of the Sherpa and supporting sustainable work for the Sherpa people.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% 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. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 9
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.5%; rating input score 99

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: -95.5%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 21.2% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: -26.6% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: -51.8% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $140K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2010 to 2012
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.