Floral Park Bellerose Education Fund Inc
Nonprofit profile at a glance
- EIN
- 333366053
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Floral Park, NY, USA
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $14,482
- Expenses
- $10,623
- Assets
- $3,859
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Linda Grein (President)
- Juanita Sorrano (Vice President)
People named in this filing
- Linda Grein (President)
- Laura Pape (Director of Finance)
- Juanita Sorrano (Vice President)
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 Floral Park Bellerose Education Fund EdFund is an independent not-for-profit 501c3 community-based organization. The purpose of the EdFund is to support initiatives that are beyond basic educational needs and to enhance and expand educational opportunities for all students in the Floral Park Bellerose public school district.
What it reported doing in 2024
Field Trip for Chorus Orchestra and Band Students in 5th and 6th grades to go to the New York Philharmonic at Lincoln Center. The grant paid for buses to transport the students. This benefitted approximately 70 Students.
Operating model
- Revenue model
- Donor-supported. 76% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - 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 and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 82
- Sustainability: 51
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.9%; rating input score 68
- Program expense ratio: 92.6%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 26.6%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 67.9% of revenue deployed · 92.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $10K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- 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 — Sustainability: Total-asset coverage ratio scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.