Decatur Education Foundation Inc
Nonprofit profile at a glance
- EIN
- 582601384
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Decatur, GA, USA
- Phone
- 4043770641
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $1,019,317
- Expenses
- $653,358
- Assets
- $2,718,985
- Liabilities
- $301,972
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Highest reported compensation
- MEAGAN BERARDI (Executive Dir.): $71,814 total reported compensation
- RICHARD HYDE (Executive Dir.): $13,077 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We solve the problems that help our kids find success by connecting people, resources, and ideas. Central to this work is a commitment to eradicating barriers caused by systemic racism, income inequality, and lack of behavioral health supports.
What it reported doing in 2024
The mission of the Decatur Education Foundation is to solve the problems that HELP Decatur's kids find success by connecting people, resources, and ideas. Central to this work is a commitment to eradicating barriers caused by systemic racism, income inequality, and the lack of behavioral health supports.THE ORGANIZATION SERVES THE YOUTH OF DECATUR BY:- removing obstacles that impede learning for our kids (poverty, learning differences, abilities, mental health, life challenges) so that all our kids can find success in school and life- providing opportunities that accelerate and deepen learning and empower Decaturs kids to make a positive contribution on our world (arts, leadership, service)- supporting teachers and educational programs to ensure that our kids have engaging, meaningful classroom experiences - strengthening community programs to extend our capacity to provide great experiences for Decaturs kidsbecause with the support of their community, every child can reach their full potential
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 67% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 84
- Accountability: 95
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.4%; rating input score 62
- Program expense ratio: 88.9%; rating input score 89
- Fundraising efficiency: $16.15 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 73%; rating input score 73; 33rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 35.9%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 4.16; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 13%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 3.9% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 62.4% of revenue deployed · 88.9% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $581K in reported program spending
- Leadership: top reported pay $72K · 22 people listed
- Consistency: 28 of 29 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 9 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 6 filed related-organization links
- 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.
- Review — Financial Efficiency: Fundraising efficiency scored 53/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.