MAASE Foundation

Nonprofit profile at a glance

EIN
932145120
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Lansing, MI, USA
Phone
8103587090
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$6,765
Expenses
$3,003
Assets
$9,117
Liabilities
$1,000

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

Leadership & pay

12 people listed

Executive titles in this filing

  • Lauren Eardley (President)
  • Kirsten Myers (Vice President)
  • Tina Lawson (Vice President-Elect)
  • Concetta Lewis (Past-President)
  • Abby Cypher (Executive Director)

People named in this filing

  • Britt Pionk (Director)
  • Sue Toth (Director)
  • Tammy Nyen (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the MAASE Foundation is to promote charitable and educational objectives to assist in providing continuing special education development. This will include various methods of fundraising for scholarships, which will be disseminated to schools and local ISDs, the public, and any individuals interested in special education development.The foundation may also provide grants to individuals or organizations, including school special education programs, for education, research, and other charitable and educational programs in order to increase awareness of the need to support our state's special education community with voluntary financial support.Within the context of the mission of the Foundation, it will support, facilitate, and enhance the mission and purposes of the Michigan Association of Administrators of Special Education.

What it reported doing in 2024

MAASE/MITTIN provided grants to support the cost of establishing a foundation. These funds helped cover initial expenses to facilitate the foundation's mission and operations. This funding also enabled the foundation to apply for federal grants to further its objectives.

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 74
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 55.6%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 3.04; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -200% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: -1.6% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: 70.7% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.