Arizona Veterans Education Foundation

Nonprofit profile at a glance

EIN
272215223
IRS 990 coverage
2011–2011
Forms available
Form 990 2011
Location
Scottsdale, AZ, USA
Rating confidence
Limited
Sector
Private Grantmaking Foundations

Reported finances

Revenue
$24,680
Expenses
$28,480
Assets
$239
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

10 people listed

Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Assisting veterans to complete higher education maintain healthy relationships and achieve successful reintegration establish and implement training and peer-mentoring support programs for veterans and their families in the area of higher education

What it reported doing in 2011

During 2011 the foundation implemented phase 1 of its Arizona veterans supportive campus initiative specifically the foundation successfully completed the initiatives foundational objectives 1gathered and analyzed relevant data on arizonas s tudent veterans 2reported recommendations based on best practices to key academic corporate and government leaders and stakeholders 3facilitated an early adopter pilot program for online education at anthem college online 4created a sha red vision by authoring and supporting a bill hb1373 in 2011 - now signed into law and met with stakeholders and elected officials to provide education and background on a bill later introduced and expected to pass 2012 Arizona legislature hb260 2 strengthening state certification of veteran supportive campuses and requiring the reporting of graduation rates for veterans by state certified veteran supportive campuses 5developed a training curriculum for college faculty and staff kn own as veterans dialogue a sensitivity and awareness training workshop that was later provided to 65 faculty and staff from all ten of the colleges within the maricopa county community college district on february 3 2012 6created the student veteran fund to provide scholarships to student veterans with special needs in partnership with the maricopa community college foundation 7provided consultation and small group trainings related to enhanced college service for student veterans a t two universities several community colleges and several career colleges

Operating model

Revenue model
Grant-funded. 81% of the money available for current operations came from government grants.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Accountability: 84
  • Sustainability: 30
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: -15.4%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 80.3%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 9 of 9 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $25K in reported program spending
  • Leadership: top reported pay $23K · 10 people listed
  • Consistency: 11 of 11 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

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

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.