Galin Scholars Inc
Nonprofit profile at a glance
- EIN
- 880846544
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Madison, WI, USA
- Phone
- 6085012486
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $108,031
- Expenses
- $100,463
- Assets
- $39,411
- Liabilities
- $38,621
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Chris Gomez-Schmidt (Executive Director)
- Zach Galin (Board President)
People named in this filing
- Chris Gomez-Schmidt (Executive Director)
- Zach Galin (Board President)
- Susan Alban (Board 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
Galin Scholars provides college preparation to Dane County high school students with strong academic potential who are from low-to-middle income families and from a broad range of demographic groups underrepresented in college.
What it reported doing in 2024
In 2024, we continued to work with our first cohort of five scholars to guide them through the college admissions process. We also selected our second cohort of four scholars from Dane County, WI high schools who were from low-to-middle income families and from a broad range of demographic groups underrepresented in college. Most of our scholars will be the first in their family to attend college or the first to pursue a traditional college path. Each scholar participates in our comprehensive college preparation program for their 11th and 12th grade years. Each scholar is matched with an individual ACT tutor to create a plan for improving their ACT score from a starting baseline score. Weekly instruction is then individualized to the needs of that scholar. Each scholar was also matched with an individual college counselor to research college options and work on applications. The counselors also helped the scholars to connect with opportunities to explore their academic interests through local, state, and national programs and internships. In March 2024, Galin Scholars partnered with local public libraries and Galin Education to provide an opportunity for over 200 Dane County 10th graders to take a free practice ACT at their local library on a day off from school. From April-June 2024, Galin Scholars provided the opportunity for 11 students from a local high school to take a 7-week ACT preparation course to prepare for the June 2024 ACT test. In July 2024, Galin Scholars conducted a two hour summer professional development training for twenty one K-12 program staff of a local community-based organization who work with students on college access. This training helped staff to better understand the college admissions process.
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
SUPPORTED - The filed numbers largely add up and revenue has grown recently. 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: 48
- Transparency & Controls: 100
- Sustainability: 35
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46.2%; rating input score 46
- Program expense ratio: 49.7%; rating input score 50
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%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.98; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 39.8%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: -3.4% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: 18% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 29.3% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 46.2% of revenue deployed · 49.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $50K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 52/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 7/100.