ETL Education Foundation
Legal name: Eta Theta Lambda Education Foundation Incorporated
Nonprofit profile at a glance
- EIN
- 593827603
- IRS 990-EZ coverage
- 2021–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2024
- Location
- West Hempstead, NY, USA
- Phone
- 6319206195
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $148,730
- Expenses
- $123,992
- Assets
- $63,884
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Steven Skinner (President)
- Rodney McRae (Vice President)
People named in this filing
- Steven Skinner (President)
- Rodney McRae (Vice President)
- Anthony Thompson (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
The mission of ETL Education Foundation is to maximize academic success potential by providing students opportunities to explore educational options, bolster academic skills, earn scholarship support, enhance cultural awareness, and establish mentoring relationships.
What it reported doing in 2024
The Leadership Development Institute (LDI) serves thousands of young men by providing interactive leadership workshops, cultural and recreational activities, real leadership opportunities, education enhancements, and college awareness. Young men who possess and have demonstrated leadership skills are identified by chapters of Alpha Phi Alpha Fraternity, Inc. and other civic/community organizations. The organizations then sponsor these young men's participation in LDI. For four days, under the tutelage of recognized community leaders, these young men participate in important leadership development activities. During the Institute the student participants (known as Ambassadors) begin the training and grooming to assume the roles of leaders and productive citizens throughout their communities. Most importantly they join a network of support that is available to assist them in reaching their goals and aspirations.
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 100
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.4%; rating input score 83
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 16.6%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 30.8% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 35.9% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 55.9% per year; rating input score 100; 95th percentile among comparable filings
Details
- What they do: 10 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 83.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $124K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 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: Total-asset coverage ratio scored 38/100.