Caldwell Foundation for Educational Opportunity

Nonprofit profile at a glance

EIN
820457658
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Caldwell, ID, USA
Phone
2089895934
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$554,983
Expenses
$171,317
Assets
$3,095,173
Liabilities
$25

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • William F Gigray (President)
  • Josh Engler (Vice President)

Highest reported compensation

  • Erin Sullivan Smith (Secretary): $4,011 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Foundation was created for the purpose of the promotion, assistance, improvement and extension of public education for the students, graduating students, teachers, administrators and pre-school children residents of Caldwell School District No. 132.

What it reported doing in 2024

Provided funds for educational enrichment activities to Caldwell High School and Wilson Elementary. Activities included assistance with sending Trio Upward Bound students to a Duke University visit, grant for Wagons Ho program for elementary students, state student council grant and grant for speech and debate students. Approximately 137 students benefitted from these programs.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 85% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. 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: 61
  • Transparency & Controls: 94
  • Accountability: 62
  • Sustainability: 90
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.4%; rating input score 46
  • Program expense ratio: 80.9%; rating input score 81
  • Fundraising efficiency: $60.09 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.6%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 78.6%; rating input score 79; 17th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 69.1%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 18.07; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 83; 83rd percentile among comparable filings
  • Officer compensation ratio: 2.3%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 10.4% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 9.6% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 46.4% of revenue deployed · 80.9% of spending went to programs
  • Governance: 11 of 14 board members independent · 3 of 8 filing controls reported
  • Programs: 6 filed program accomplishments · $139K in reported program spending
  • Leadership: top reported pay $4K · 16 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Review — Sustainability: Officer compensation ratio scored 58/100.