Grant D Morse PTA

Nonprofit profile at a glance

EIN
237334903
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Saugerties, NY, USA
Phone
8454305581
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Parent/Teacher Group

Reported finances

Revenue
$27,898
Expenses
$37,770
Assets
$22,943
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Katrina Lombardo (Co-President)
  • Matthew Schlosser (Co-President)
  • Sarah Cardarelli (Vice President)

People named in this filing

  • Katrina Lombardo (Co-President)
  • Matthew Schlosser (Co-President)
  • Sarah Cardarelli (Vice 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 Grant D. Morse PTA helps build a sense of community among parents, teachers, and the 300+ students, many of whom live beneath the poverty line. We organize community events, family-oriented activities, and collaborative projects that bring people together. This sense of community fosters a supportive network, promotes school spirit, and strengthens the overall school culture.

What it reported doing in 2024

Scholastic Book Fairs- Every year the Grant D. Morse PTA hosts 2 book fairs; expenses are related to what is brought in by the book fair and later pay the invoice to Scholastic. During the book fairs, all students receive at least one book, regardless of their financial ability to purchase a book. The PTA will use credits from Scholastic earned by previous book fairs to purchase books for students in need, and for teachers as a donation.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 65% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 82
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.6%; rating input score 70
  • Program expense ratio: 51.4%; rating input score 51

Transparency & Controls

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

Sustainability

  • Operating margin: -35.4%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.61; rating input score 34; 34th 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: 22.1% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 21.5% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 10.8% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 69.6% of revenue deployed · 51.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $19K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2021 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.

  • Review — Financial Efficiency: Program expense ratio scored 51/100.
  • High — Sustainability: Operating margin scored 16/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.