Earth Air & Space Educational Foundation

Nonprofit profile at a glance

EIN
273148851
IRS 990 coverage
2014–2014
Forms available
Form 990 2014, Form 990-N 2012
Location
Moffett Field, CA, USA
Phone
6503181663
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$994
Expenses
$247,091
Assets
$9,441
Liabilities
$1,767

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • LARRY ELLIS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • LARRY ELLIS (EXECUTIVE DIRECTOR): $73,333 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation's mission is no less than to lead the transformation of a revitalized national historic site into a world-class center for learning and collaboration, while serving the charitable purpose of preserving a vital historical site.

What it reported doing in 2014

Collections & stewardship developmentwe know as the operator of a facility that may borrow artifacts or exhibits from other institutions and/or a facility that will contain our own artifacts we are required to insure, and protect those exhibits or artifacts by following industry best practices.we scoped and documented clearly the requirements of the smithsonian for centers to exhibit their materials, the certification and survey process of the american alliances of museums (aam), which is required for loans from other institutions, the collections management process of the national park service (nps) published in their museum handbook, and the current digital standards for cultural institutions published oclc and getty. As a result our work, we have a developed framework and set of standards that serve as the basis that will allow us to quickly become certified by the aam. These standards include; building lighting, security, temperature, and humidity requirements, a collections management policy, accession, registration, outgoing loan, and deaccession processes, and a conservation plan that includes preventative conservation, risk management, and collections care sections.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 90
  • Accountability: 90
  • Sustainability: 5
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 31.5%; rating input score 31
  • Fundraising efficiency: $0.02 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings

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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • 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: -24,758.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 29.7%; rating input score 11; 11th percentile among comparable filings

Growth

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

Details

  • Where the money goes: 100% of revenue deployed · 31.5% of spending went to programs
  • Governance: 8 of 8 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $78K in reported program spending
  • Leadership: top reported pay $73K · 8 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Program expense ratio scored 31/100.
  • High — Financial Efficiency: Fundraising efficiency scored 7/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 11/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.