Friends of Graded Foundation

Nonprofit profile at a glance

EIN
237032466
IRS 990-EZ coverage
2015–2024
Forms available
Form 990 2022, Form 990-EZ 2024, Form 990-N 2013
Location
New York, NY, USA
Phone
2126611630
Rating
48
Verdict
MIXED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$69,752
Expenses
$19,490
Assets
$165,159
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • HERMINA MERKEL (PRESIDENT)

People named in this filing

  • HERMINA MERKEL (PRESIDENT)
  • STEPHEN GRAHAM (TREASURER)
  • THOMAS G GRAHAM (SECRETARY)

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

Friends of Graded Foundation was created in 1969 with the mission to improve the quality of teaching and learning at K-12 schools in Sao Paulo, Brazil.The Foundation supports professional development that improves the quality of teaching and encourages teachers to remain in their assignments for extended periods of time.The Foundation also supports programs that improve the quality of educational experiences in eligible schools.In addition, it supports programs that best prepare students living in Brazil to study at top schools and universities in the United States and abroad. By directing funds to improving teaching and learning experiences at eligible schools, the Foundation can reach this goal.

What it reported doing in 2024

The Foundation provided grants to schools and organizations that support its mission.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 6
  • Transparency & Controls: 100
  • Sustainability: 81
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 3.1%; rating input score 3
  • Program expense ratio: 11.2%; rating input score 11

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 72.1%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 8.47; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 20.5%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -21.5% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -0.8% per year; rating input score 0; 48th percentile among comparable filings
  • Asset growth: 1.3% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 3.1% of revenue deployed · 11.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2015 to 2024
  • 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 3/100.
  • High — Financial Efficiency: Program expense ratio scored 11/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.