Encinitas Educational Foundation

Nonprofit profile at a glance

EIN
330178719
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Encinitas, CA, USA
Phone
7607152164
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$1,192,375
Expenses
$1,063,151
Assets
$1,105,138
Liabilities
$90,576

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

Leadership & pay

13 people listed

Executive titles in this filing

  • Jeff Ladman (President)

People named in this filing

  • Emily Andrade (Director)
  • Allison Banks (Director)
  • Jennifer Moss (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To partner with our community and raise funds to support and provide resources to the Encinitas Union School District (EUSD) Enrichment Teachers and Programs at all of our Chapters

What it reported doing in 2024

Donations to the Nine (9) elementary schools within EUSD (SITE CHAPTERS) plus the additional FOCUS CHAPTERS of Special Education (SPED), MATH 24, and Farm Lab (DREAMS CAMPUS) continue to provide and further educational programs such as Technology, Art, Science, Garden Science and Nutrition, Music, PE, Reading & Math Intervention, Spanish, and other areas deemed needed by the chapters. In addition, these donations provide the resources needed to support programs such as Playground Partners, Fit Kids, SOAR/Buddy Benches, Curriculum Enhancement Materials, Science Lab Equipment and Supplies, Art Studio Supplies and Curriculum, Garden Science Nutrition Kitchen Supplies and Equipment, and many other Teacher/Classroom needs as requested. Each school site/chapter creates fundraising events to support the needs of its site/chapter. The Fall Pledge Drive/Annual Give Campaign, Spring Galas/Auction/Parent Night Outs, Carnivals/Festivals, Pancake Breakfasts, Bowl/Cheer/Jog/Jump/Read a Thons, etc are examples of events at each CHAPTER used to raise donations to support the programs at the CHAPTERS

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 89
  • Accountability: 88
  • Sustainability: 57
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.4%; rating input score 64
  • Program expense ratio: 72.3%; rating input score 72
  • Fundraising efficiency: $4.82 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 16th 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: 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: 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: 10.8%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 1.04; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: -8.9% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: 2.9% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: -11.1% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 64.4% of revenue deployed · 72.3% of spending went to programs
  • Governance: 13 of 13 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $768K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 19 of 20 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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: Fundraising efficiency scored 17/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.