Friends of Malcom Inc
Nonprofit profile at a glance
- EIN
- 833833860
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Laguna Niguel, CA, USA
- Phone
- 6572431079
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $76,659
- Expenses
- $5,689
- Assets
- $137,054
- 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
- Gina Bowman (President)
People named in this filing
- Gina Bowman (President)
- Jessica Costello (Secretary)
- Amanda Wolman (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our primary purpose is to support the students of John Malcom Elementary with instructional aides, campus safety improvements, S.T.E.A.M. Innovation Lab upgrades, and other programs not funded by federal, state, or district budgets.
What it reported doing in 2024
Paid for instructional aides, campus safety improvements, campus upgrades, and supplies for the S.T.E.A.M. Innovation Lab.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- 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
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 34
- Transparency & Controls: 100
- Sustainability: 89
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.9%; rating input score 6
- Program expense ratio: 79.9%; rating input score 80
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: 92.6%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 24.09; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -156.7% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: 30.3% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 69.9% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 5.9% of revenue deployed · 79.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K 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: 2 filing years from 2023 to 2024
- 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.
- High — Financial Efficiency: Mission deployment rate scored 6/100.
- 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.
- Review — Sustainability: Officer compensation ratio scored 56/100.