Kearney School Dist Education Foundation
Nonprofit profile at a glance
- EIN
- 473103830
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2015
- Location
- Kearney, MO, USA
- Phone
- 8166284116
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $61,581
- Expenses
- $69,164
- Assets
- $243,870
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
People named in this filing
- SEASON KERNS (CHAIR PERSON)
- ADAM LYNGAR (VICE CHAIR)
- NIC VASQUEZ (MEMBER)
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 mission of the kearney school district education foundation is to bring together area business and community leaders who value education to give resources outside the school district budget for opportunities to enrich the educational experience for students and staff of the kearney school district.
What it reported doing in 2024
Fund numerous programs that would not be possible within the school budget including teacher innovation grants, scholarships, clubs and educational programs
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 97% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 82
- Sustainability: 43
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.1%; rating input score 82
- Program expense ratio: 66.1%; rating input score 66
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -12.3%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 3.53; rating input score 78; 78th 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: 1.5% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: -0.5% per year; rating input score 0; 49th percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 82.1% of revenue deployed · 66.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $46K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2016 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.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.