Gamma Zeta Boule Foundation
Nonprofit profile at a glance
- EIN
- 954708726
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2010
- Location
- Pasadena, CA, USA
- Phone
- 6268338612
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $180,071
- Expenses
- $131,821
- Assets
- $373,012
- Liabilities
- $76,750
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- Ramsey Jay Jr (President)
People named in this filing
- Ramsey Jay Jr (President)
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
The L.A.M.P. Mentor Program is the social action component of Gamma Zeta Boule and the principle activity of the Gamma Zeta Boule Foundation, a 501(c)(3) corporation. L.A.M.P. (Leadership Achievement Management and Professionalism) enrolls African American high school students in a program that runs from August to May. Through the L.A.M.P. Mentor Program, the L.A.M.P. Mentees have an opportunity to interact with successful African American men from a variety of professions. The L.A.M.P. Mentees also receive exposure to the culture, success skills, and challenges they will encounter in their quest for excellence and success. The L.A.M.P. Mentor Program meets once a month usually the third Saturday at locations from the greater Pasadena area to the Inland Empire to Los Angeles. Venues have included public and private high schools and colleges, museums, sports arenas, theaters, and other places suitable for presentations of our programs.
What it reported doing in 2024
The L.A.M.P. Mentor Program is the social action component of Gamma Zeta Boule and the principle activity of the Gamma Zeta Boule Foundation, a 501(c)(3) corporation. L.A.M.P. (Leadership Achievement Management and Professionalism) enrolls African American high school students in a program that runs from August to May. Through the L.A.M.P. Mentor Program, the L.A.M.P. Mentees have an opportunity to interact with successful African American men from a variety of professions. The L.A.M.P. Mentees also receive exposure to the culture, success skills, and challenges they will encounter in their quest for excellence and success. The L.A.M.P. Mentor Program meets once a month usually the third Saturday at locations from the greater Pasadena area to the Inland Empire to Los Angeles. Venues have included public and private high schools and colleges, museums, sports arenas, theaters, and other places suitable for presentations of our programs. The Program includes fun and challenging activities that support the growth of the L.A.M.P. Mentees in the four pillars of L.A.M.P. Leadership, Achievement, Management, and Professionalism. We introduce participants to as many institutions as possible, expanding their knowledge base and opening up their minds to career opportunities. In addition, we host sessions that provide the students and parents with an opportunity to learn more about the college admissions process and financial aid as well as writing, networking, financial literacy and interviewing skills. The L.A.M.P. Mentor Program sessions begin, promptly, at 8:30 am, with a continental breakfast, and end at noon, with lunch. The program is free to students and parents. At the end of the ten-month program, there is a luncheon, honoring graduating seniors and rewarding them with scholarship support for college.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 93
- Sustainability: 74
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.2%; rating input score 73
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 26.8%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 2.83; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 16.8% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 12.1% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 20.7% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 73.2% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $132K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 18/100.