Edison Fairs Inc
Nonprofit profile at a glance
- EIN
- 874001187
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Estero, FL, USA
- Phone
- 2392435645
- Rating
- 35
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $34,182
- Expenses
- $48,805
- Assets
- $24,044
- Liabilities
- $61
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- KELLY PERCIVALL (PRESIDENT/EXEC DIRECTOR)
- TODD THOMAS (VICE PRESIDENT/DIRECTOR)
People named in this filing
- BARBARA HARTMAN (DIRECTOR)
- KELLY PERCIVALL (PRESIDENT/EXEC DIRECTOR)
- TIMOTHY JONES (DIRECTOR)
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
The corporation shall strive to empower youth through science and invention and shall promote educational, mentorship and competitive programs for kindergarten through 12th grade (k-12) students to foster heightened creative and problem solving skills in the areas of science, technology, engineering and mathematics (stem), invention and entrepreneurship.
What it reported doing in 2024
The expenses incurred are for sponsorship reimbursements for educational stem events such as research projects for students in the southwest Florida area. Over 30,000 students participate in these research projects at the school level.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -42.8%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.49; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -26.3% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: 20.7% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 14/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.