Association of Employees of the Educational Foundation
Nonprofit profile at a glance
- EIN
- 042779682
- IRS 990 coverage
- 2009–2013
- Forms available
- Form 990 2013
- Location
- Cambridge, MA, USA
- Phone
- 6173002706
- Rating confidence
- Limited
- Sector
- Labor Unions
Reported finances
- Revenue
- $92,345
- Expenses
- $165,048
- Assets
- $131,506
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- JOHN MACGIBBON (PRESIDENT - PAST)
- CHARLES PAQUETTE (PRESIDENT - CURRENT)
- ELIAS MALLETE (VICE PRESIDENT - CURRENT)
Highest reported compensation
- JANET STANKUS (SECRETARY- CURRRENT): $950 total reported compensation
- ELIAS MALLETE (VICE PRESIDENT - CURRENT): $950 total reported compensation
- ERIC GULLIVER (TREASURER - CURRENT): $950 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See part i line 1
What it reported doing in 2013
Representing employees of the educational foundation to the management of the educational foundation
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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: 90
- Accountability: 82
- Sustainability: 27
- Growth: 0
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; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -78.7%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.8; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 2.3%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -13.1% per year; rating input score 0; 37th percentile among comparable filings
- Asset growth: -27.6% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 4 of 4 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $950 · 5 people listed
- Consistency: 11 of 11 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2009 to 2013
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- 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 — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 19/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Sustainability: Officer compensation ratio scored 23/100.