Los Alamos Public Schools Foundation

Nonprofit profile at a glance

EIN
020773298
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-EZ 2014
Location
Los Alamos, NM, USA
Phone
5055006501
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$1,627,180
Expenses
$308,548
Assets
$2,108,679
Liabilities
$2,826

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • KURT STEINHAUS BEGAN 1224 (President)
  • JUDY MCKENZIE RESIGNED 1224 (President)
  • SUZANNE LYNNE BEGAN 1224 (Vice President)

Highest reported compensation

  • JENNIFER MCCUMBER (Executive Dir.): $55,872 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Los Alamos Public Schools Foundation is committed to innovative and responsive support for the Los Alamos Public Schools. We connect our community and district, evaluate needs, and invest resources to enhance public education.

What it reported doing in 2024

Support for Los Alamos Public Schools programs, activities, and updates to learning environments. This includes purchasing materials and equipment, classroom makeovers, student training, and other student opportunities. Number of persons benefitted: 3000

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 93
  • Accountability: 72
  • Sustainability: 83
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 15.5%; rating input score 16
  • Program expense ratio: 77.5%; rating input score 78
  • Fundraising efficiency: $140.93 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 78.9%; rating input score 79; 17th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 81%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 6.83; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 18.1%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 6.7% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 15.9% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 11.5% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 15.5% of revenue deployed · 77.5% of spending went to programs
  • Governance: 15 of 19 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $239K in reported program spending
  • Leadership: top reported pay $56K · 25 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 11 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Mission deployment rate scored 16/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 17/100.