Federally Impacted Schools Educational Foundation

Nonprofit profile at a glance

EIN
522306508
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Washington, DC, USA
Phone
2026245455
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$67,510
Expenses
$54,491
Assets
$147,440
Liabilities
$377

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

Leadership & pay

12 people listed

Executive titles in this filing

  • QUINCY NATAY (PRESIDENT)
  • CRAIG HUTCHESON (VICE PRESIDENT)

People named in this filing

  • QUINCY NATAY (PRESIDENT)
  • CRAIG HUTCHESON (VICE PRESIDENT)
  • TRISTA OLNEY (SECRETARY)

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

To educate federally impacted school systems about federal assistance that is available to them.

What it reported doing in 2024

Good idea grants - fisef good idea grants support federally impacted pre k-12 teachers and schools in their efforts to address students' academic needs and social/emotional wellness. Grants of up to $5,000 are awarded to nafis-member school district applicants that strive to increase outcomes in these areas. These grants typically go to teachers with great ideas whose projects would otherwise be unfunded due to budgetary restraints in the district. Eligible projects: 1) provide students the opportunity to grow and become creative, innovative and critical thinkers, 2) are sustainable - they can be replicated in other classrooms, schools and school districts, 3) allow students to apply classroom knowledge to real-life applications. Fisef good idea grants have funded a wide range of projects, including preschool preparedness, robotics, after school reading programs, outdoor classrooms, a digital history of a native american tribe, efforts to strengthen community relations between military members and citizens and more.

Operating model

Revenue model
Earned-program. 92% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 66
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.7%; rating input score 81
  • 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: Limited

Sustainability

  • Operating margin: 19.3%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 2.71; rating input score 72; 72nd 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: 6.6% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 2.9% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 1.8% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 80.7% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $54K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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: Liabilities to assets ratio scored 33/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.