Haitian Students Education Fund

Nonprofit profile at a glance

EIN
471192553
IRS 990-EZ coverage
2014–2023
Forms available
Form 990-EZ 2023
Location
Highlandville, MO, USA
Phone
4178942552
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$5
Expenses
$1,953
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • MARCIA J HLAVACEK (PRESIDENT)

People named in this filing

  • MARCIA J HLAVACEK (PRESIDENT)
  • WAYNE E HLAVACEK (SECRETARY)
  • ANTHONY M HLAVACEK MD (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To identify and assist students from haiti in advancing their education in the united states so they can return to haiti and be an asset to their country. While in the united states, our goal is to make sure the students receive food, clothing, insurance, medical care and related learining experiences while they attend an accredited educational institution with the ultimate goal of receiving a college degree that will be beneficial to them in attaining work in haiti when they return.

What it reported doing in 2023

We paid out our last tuition bill for a haitian student during 2023 and currently have no remaining haitian students in the united states attending school. We have no potential students coming to the us in 2024 and afterward, due to the political unrest in haiti. All previous students have graduated from programs in the us, obtained employment from an NGO in the united states or have returned to haiti to fulfill their careers. We have discontinued our efforts to raise funds from individual donors to provide clothing & sundries, health insurance, medical and dental care, school meals, and tuition, books and fees for future students, and transferred our remaining cash balance to another charitable institution that assists an orphanage in haiti.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.9%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -38,960%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -12.1% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -29.8% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -11.4% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2014 to 2023
  • 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 — Sustainability: Operating margin scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.