Ixtatan Foundation Inc
Nonprofit profile at a glance
- EIN
- 542020657
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2017
- Location
- Charlottesville, VA, USA
- Phone
- 4349535249
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $227,287
- Expenses
- $190,181
- Assets
- $81,886
- Liabilities
- $1,224
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Gordon K Eplee (President and CEO)
People named in this filing
- Douglas Ford (Director)
- Beth Neville Evans (Director)
- Emily Douglas (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 power and capacity of Guatemalan youth to foster participatory pathways to community well-being.
What it reported doing in 2024
Guatemala Education Grants This program provides financial assistance for programs that seek to elevate the quality of education in rural Guatemala. The grant is open to public secondary schools, especially those seeking help in implementing project-based learning curriculum in the classroom. The grant can be open to individual teachers, entire schools, or entities such as nonprofits and public libraries. Parts of the grants can be used for individual scholarships for outstanding students who seek to continue higher education opportunities.
Operating model
- Revenue model
- Donor-supported. 74% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.
The verdict
MIXED - 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 voting board members are independent.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 75
- Accountability: 30
- Sustainability: 52
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 45.7%; rating input score 46
- Program expense ratio: 54.6%; rating input score 55
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Fail
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 16.3%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -1.8% per year; rating input score 0; 24th percentile among comparable filings
- Revenue growth: 0.6% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 45.7% of revenue deployed · 54.6% of spending went to programs
- Governance: 0 of 6 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $104K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors and foreign activity
- Filing history: 5 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- High — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.