Inglewood Educational Foundation
Nonprofit profile at a glance
- EIN
- 954722534
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020, Form 990-N 2016
- Location
- Inglewood, CA, USA
- Phone
- 3104192751
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $305,868
- Expenses
- $267,647
- Assets
- $836,400
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- CARLISS RICHARDSON MCGHEE (President)
- KEN BILLUPS (Vice President)
People named in this filing
- CARLISS RICHARDSON MCGHEE (President)
- KEN BILLUPS (Vice President)
- ANITA CASTILLE (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support the educational mission, programs, objectives, and strategic plan of the inglewood unified school district.
What it reported doing in 2024
Provide inglewood unified school district the following support: graduating student scholarships, college & career counseling materials, teacher grants, classroom & after school academic enhancement, school library improvement, summer seminars in science and medicine, and cultural and fine arts programs.
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 95% 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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 40
- Transparency & Controls: 90
- Accountability: 0
- Sustainability: 68
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 42.5%; rating input score 42
- Program expense ratio: 48.4%; rating input score 48
- Fundraising efficiency: $2.21 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 0 of 7 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 12.5%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 3.13; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 19% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 23.7% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 29% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 42.5% of revenue deployed · 48.4% of spending went to programs
- Governance: 0 of 6 board members independent · 0 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $130K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 17 of 18 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2014 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 6 not reported.
- Moderate — Financial Efficiency: Program expense ratio scored 48/100.
- High — Financial Efficiency: Fundraising efficiency scored 10/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.