Friends of Educationamigos De La Educacion Inc
Nonprofit profile at a glance
- EIN
- 133893393
- IRS 990-EZ coverage
- 2010–2010
- Forms available
- Form 990-EZ 2010
- Location
- New York, NY, USA
- Phone
- 6462053574
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $40,169
- Expenses
- $63,652
- Assets
- $19,243
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
8 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide school enrichment activities
What it reported doing in 2010
In june of 2008, the new principal of mott hall- where foe had sponsored the successful program for almost 20 years - chose to cease implementation of the model. Therefore, foe undertook the codification of the model, codification of the curricula and a survey of the graduates. The purpose of this work was to test if the model could be replicated in other sites. Three volumes describing the model were published and a school on the west side volunteered to be a test site. Foe worked to familiarize staff with the model and train them to use it. In addition, a plan was developed to reach out nationally to the education media, education policymakers and selected school districts to bring attention to this proven math and science model targeted to inner-city children. That distribution was launched in november of 2010.
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
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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 100
- Sustainability: 11
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 86.7%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -58.5%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.3; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 86.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $55K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- 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 10/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.