Alpha Iota Educational Foundation
Nonprofit profile at a glance
- EIN
- 431622121
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Saint Charles, MO, USA
- Phone
- 3148723556
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $72,234
- Expenses
- $79,372
- Assets
- $434,314
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Philip Weber (President)
- Lawrence Cook (Vice President)
People named in this filing
- Philip Weber (President)
- Michael King (Treasurer)
- Timothy Kamp (Secretary)
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
See Schedule O
What it reported doing in 2024
Provide scholarships and educational facilities for students.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 16
- Transparency & Controls: 100
- Sustainability: 46
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.5%; rating input score 16
- Program expense ratio: 15%; rating input score 15
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: -9.9%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 5.47; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -50.4% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -26.6% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: 6.1% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 16.5% of revenue deployed · 15% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 16/100.
- High — Financial Efficiency: Program expense ratio scored 15/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 31/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.