Foundation for Pool & Spa Industry Education Incorporated

Nonprofit profile at a glance

EIN
203270370
IRS 990-EZ coverage
2010–2019
Forms available
Form 990 2018, Form 990-EZ 2019
Location
Citris Heights, CA, USA
Phone
9165417756
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Private Grantmaking Foundations

Official website

Reported finances

Revenue
$169,857
Expenses
$204,272
Assets
$56,659
Liabilities
$324,180

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

Leadership & pay

9 people listed

People named in this filing

  • PHILLIP GELHAUS (CHAIRPERSON)
  • KARL SENSE (TREASURER)
  • DAVID HAWES (BOARD MEMBER)

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

The mission of the foundation for pool & spa industry education (fpsie) is to raise the level of knowledge and professionalism of members of the swimming pool and spa industries and to create an educational site for career development of the workforce and its future leaders.

What it reported doing in 2019

Vocational education classes to train people with respect to pool and spa installation and maintenance.

Operating model

Revenue model
Donor-supported. 74% 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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 100
  • Sustainability: 18
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.5%; rating input score 69
  • Program expense ratio: 57%; rating input score 57

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: -20.3%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.28; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 5.72; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 34.9% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 0.5% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: -12.9% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 68.5% of revenue deployed · 57% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $116K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2010 to 2019
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Financial Efficiency: Program expense ratio scored 57/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.