Long Island Emba Alumni Organization Edward Fred
Nonprofit profile at a glance
- EIN
- 272204644
- IRS 990-EZ coverage
- 2011–2015
- Forms available
- Form 990-EZ 2015
- Location
- Smithtown, NY, USA
- Phone
- 5168197576
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alumni Associations
Reported finances
- Revenue
- $63,860
- Expenses
- $43,800
- Assets
- $33,965
- Liabilities
- $2,112
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- RICHARD HEIN (President)
- EDWARD J FRED (Vice President)
People named in this filing
- RICHARD HEIN (President)
- EDWARD J FRED (Vice President)
- JOHN PETER GALARIS (Secretary)
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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporation's activities in furtherance of its charitable purpose, are to solicit, collect, and otherwise raise money or other property for the benefit of, and distribute the same to, any corporation, foundation, agency, institution or other entity which is organized and operated for, and devoted to the realization of, charitable purposes within the meaning of, and which is exempt from taxation under, section 501(c)(3) of the internal revenue code of 1986, as amended (the "code") and provide other assistance to any such corporation, foundation, agency, institution or other entity, in each case as the corporation's board of directors may, in its sole discretion, from time to time determine.
What it reported doing in 2015
Since 2010 the organization has been fundraising and donating to breast cancer.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 100
- Sustainability: 62
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.6%; rating input score 69
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 31.4%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 168.4% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: -22.8% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 68.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $44K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2011 to 2015
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.