Marissa Paige Ramos Memorial Foundation Inc
Nonprofit profile at a glance
- EIN
- 471817646
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Stoughton, MA, USA
- Phone
- 7812495343
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $19,020
- Expenses
- $9,324
- Assets
- $90,548
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- CAMERON RAMOS (PRESIDENT & DIRECTOR)
People named in this filing
- MARIO A RAMOS (DIRECTOR)
- CAMERON RAMOS (PRESIDENT & DIRECTOR)
- JOANNE M GATELY (TREASURER & 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
To provide financial assistance to college bound students through need and merit based scholarships and others in need of demonstrated financial assistance.
What it reported doing in 2024
The organization held its annual movie-night fundraiser to raise funds for current and future student scholarships and grants to other charitable organizations. The organization was able to issue scholarships to 11 students totalling $6,000.00 during the current fiscal year.
Operating model
- Revenue model
- Earned-program. 73% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 82
- Sustainability: 84
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.5%; rating input score 39
- Program expense ratio: 78.6%; rating input score 79
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 51%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 9.71; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11.4% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: -0.3% per year; rating input score 0; 50th percentile among comparable filings
- Asset growth: 13.7% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 38.5% of revenue deployed · 78.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $7K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.