Friends of Carden Co Carden Academy of Almaden

Nonprofit profile at a glance

EIN: 202509961
IRS 990-EZ coverage: 2011–2023
Forms available: Form 990 2019, Form 990-EZ 2023
Location: San Jose, CA, USA
Phone: 4082653392
Rating: 86
Verdict: STRONG
Rating confidence: Moderate
Sector: Parent/Teacher Group

Reported finances

Revenue: $1,484
Expenses: $142,432
Assets: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

Nancy Allard (President/Sec)

People named in this filing

Nancy Allard (President/Sec)
Vidhu Joshi (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provided students at Carden Academy with means for educational and technological assistance, to further their enrichment opportunities.

What it reported doing in 2023

Provided supply grants, iPad computers and enrichment programs to benefit students at Carden Academy.

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

Financial Efficiency: 100
Transparency & Controls: 82
Sustainability: 8
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

Operating margin: -9,497.8%; rating input score 1; 1st 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: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: 3.1% per year; rating input score 100; 58th percentile among comparable filings
Revenue growth: -3.8% per year; rating input score 0; 39th percentile among comparable filings
Asset growth: 11.6% per year; rating input score 100; 75th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $142K in reported program spending
Leadership: top reported pay $0 · 2 people listed
Consistency: 5 of 5 current checks pass
Schedules: 3 filed schedules
Filing history: 5 filing years from 2011 to 2023
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.

High — Sustainability: Operating margin scored 1/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.