Fireborn Institute Inc

Nonprofit profile at a glance

EIN: 472597213
IRS 990-EZ coverage: 2016–2019
Forms available: Form 990-EZ 2019
Location: Barrington, RI, USA
Phone: 2039129787
Rating: 52
Verdict: MIXED
Rating confidence: Moderate
Sector: Educational Services and Schools - Other

Official website

Reported finances

Revenue: $51,456
Expenses: $73,359
Assets: $0
Liabilities: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

KATHERINE FIRESTONE (PRESIDENT, DIRECTOR & SECRETARY)

People named in this filing

KATHERINE FIRESTONE (PRESIDENT, DIRECTOR & SECRETARY)
DAN SCOTT (DIRECTOR)
ANDREA ALVAREZ (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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Educational services

What it reported doing in 2019

Cultivating a social media platform to provide parents with an opportunityto learn and ask questions. Fireborn started an instagram account and increasedtwitter, pinterest, and facebook followings to over 2,000.

Operating model

Revenue model: Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

MIXED - 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: 20
Transparency & Controls: 100
Sustainability: 7
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 23%; rating input score 23
Program expense ratio: 16.1%; rating input score 16

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Yes; rating input score 100

Sustainability

Operating margin: -42.6%; rating input score 14; 14th percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 63%; rating input score 1; 1st percentile among comparable filings

Growth

Program expense growth: -6.9% per year; rating input score 0; 35th percentile among comparable filings
Revenue growth: 3.1% per year; rating input score 100; 69th percentile among comparable filings
Asset growth: -40.4% per year; rating input score 0; 4th percentile among comparable filings

Details

Where the money goes: 23% of revenue deployed · 16.1% of spending went to programs
Governance: Filed governance answers
Accomplishments: 4 filed program accomplishments · $12K in reported program spending
Leadership: top reported pay $0 · 5 people listed
Consistency: 8 of 8 current checks pass
Schedules: 4 filed schedules
Filing history: 4 filing years from 2016 to 2019
Contacts: How to reach this organization
Money network: 1 filed money-flow record
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 23/100.
High — Financial Efficiency: Program expense ratio scored 16/100.
High — Sustainability: Operating margin scored 14/100.
High — Growth: Program expense growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Officer compensation ratio scored 1/100.