Dover Foundation Inc

Nonprofit profile at a glance

EIN
042374187
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Dover, MA, USA
Phone
5087828855
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$18,969
Expenses
$23,328
Assets
$313,063

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

Leadership & pay

10 people listed

Executive titles in this filing

  • CAROLYN C TELLIER (PRESIDENT &)

People named in this filing

  • CAROLYN C TELLIER (PRESIDENT &)
  • JENNIFER PAXTON (VICE PRESIDE)
  • EDWARD FLEISCHER (TREASURER)

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

Granting of scholarships

What it reported doing in 2024

The foundation raises monies from a theatrical production and the annual appeal. The foundation provides grants and scholarships based on a variety of criteria.

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 99% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.7%; rating input score 90
  • Program expense ratio: 63%; rating input score 63

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -23%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 13.42; rating input score 94; 94th 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: -10.3% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: 6.2% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 18.8% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 89.7% of revenue deployed · 63% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 21/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.