Friends of the Marblehead Public Schools Inc
Nonprofit profile at a glance
- EIN
- 043143399
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990 2010, Form 990-EZ 2024, Form 990-T 2024
- Location
- Marblehead, MA, USA
- Phone
- 3129614671
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $122,877
- Expenses
- $113,717
- Assets
- $345,670
- Liabilities
- $33,847
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- JESSICA CHAMBERLIN (President)
- NORA CONNERTY (Vice President)
People named in this filing
- JESSICA CHAMBERLIN (President)
- NORA CONNERTY (Vice President)
- KACIE ROWLAND (Director)
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 marblehead public schools, inc. An educational foundation will raise funds for the educational enrichment of the marblehead public schools. Funds raised will be used for the enhancement of academics, athletics, arts, staff development, and curriculum development.
What it reported doing in 2024
Grants used to support Public Education in Marblehead, MA.
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
- Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 100
- Sustainability: 62
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.3%; rating input score 84
- Program expense ratio: 91.1%; rating input score 91
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: 7.5%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 3.04; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 22.4% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: -4.9% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -0.1% per year; rating input score 0; 27th percentile among comparable filings
Details
- Where the money goes: 84.3% of revenue deployed · 91.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $104K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 53/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.