Elements of Education Partners
Nonprofit profile at a glance
- EIN
- 912168988
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Tacoma, WA, USA
- Phone
- 2533363818
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $566,113
- Expenses
- $568,424
- Assets
- $368,603
- Liabilities
- $104,306
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MICHAEL MCGAVOCK (PRESIDENT)
People named in this filing
- MICHAEL MCGAVOCK (PRESIDENT)
- ANDERS IBSEN (BOARD MEMBER)
- QUINCY HENRY (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Elements of education partners transforms the culture of education through innovative partner schools and programs built on the core values of community, balance, thinking and empathy.
What it reported doing in 2024
Adjunct artists: professionals in the community teach classes at sota, sami, and idea through our adjunct instructor program. This program began at sota in 2002, and since then, elements of education partners has spent over one million dollars hiring local artists, scientists, and engineers to teach high school classes.adjunct classes add depth and breadth to the schedules, allowing students to explore more topics in their major. Through the program, students to take classes like graphic design, creative writing, jazz combo, ballet, hip hop, guitar, app design, bio tech, and more.adjunct classes are intentionally small; with only 15-20 students in the class they are able to form meaningful relationships with the instructor. This helps them to build professional connections and to learn about a field they're interested in pursuing further.serves 600+ high school students each year
Operating model
- Revenue model
- Earned-program. 76% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 93
- Accountability: 88
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.8%; rating input score 67
- Program expense ratio: 66.5%; rating input score 67
- Fundraising efficiency: $73.72 raised per $1 spent on fundraising; rating input score 83; 83rd 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: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: -0.4%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 7.3% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 7.1% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 8.1% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 66.8% of revenue deployed · 66.5% of spending went to programs
- Governance: 6 of 6 board members independent · 5 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $378K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes grants
- Filing history: 14 filing years from 2011 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.
- Moderate — Sustainability: Operating margin scored 34/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.