Mahwah Schools Foundation Inc
Nonprofit profile at a glance
- EIN
- 223763857
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Mahwah, NJ, USA
- Phone
- 9173180057
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $64,822
- Expenses
- $141,634
- Assets
- $133,731
- Liabilities
- $54,340
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MICHELE KAPLAN (CO-VICE PRESIDENT)
- KAITLYN O'DONOHUE (CO-VICE PRESIDENT)
People named in this filing
- MICHELE KAPLAN (CO-VICE PRESIDENT)
- KAITLYN O'DONOHUE (CO-VICE PRESIDENT)
- MICHAEL PETRIE (TREASURER)
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
Mahwah schools foundation, inc. (the "foundation") was incorporated in 2001 to inform the public of additional needs of the mahwah school district and raise funds to meet those needs. The foundation is a not-for-profit organization exempt from income tax under section 501(c)(3) of the internal revenue code. The foundation is also a publicly supported organization described in section 509(a)(1) and 170(b)(1)(a)(vi).
What it reported doing in 2024
Mini grants to the board of education and payments to third parties for software, books, class outings, and special presentations.
Operating model
- Revenue model
- Other-operating. 76% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 71
- Sustainability: 24
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 90%; rating input score 90
Transparency & Controls
- Consistency checks: 86.7%; rating input score 87; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -118.5%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 0.94; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.41; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 101.7% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: -4.3% per year; rating input score 0; 36th percentile among comparable filings
- Asset growth: 4.1% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 90% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $128K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 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 — Sustainability: Operating margin scored 7/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.