Michael Nyuis Foundation
Nonprofit profile at a glance
- EIN
- 873490307
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Monarch Beach, CA, USA
- Phone
- 8189978622
- Rating confidence
- Limited
- Sector
- Equestrian
Reported finances
- Revenue
- $-51,326
- Expenses
- $8,535
- Assets
- $16,890
- Liabilities
- $35,773
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- DALE HARVEY (President)
People named in this filing
- ANDRIENNE KARAZISSIS (Director)
- CHRISTI EDELBROCK (Director)
- BROOKE GODDARD (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The program aims to provide grants to riders at multiple levels from entry level to high performance.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 41% for direct work, and 59% for grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 90
- Accountability: 0
- Sustainability: 26
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
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: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
- Governance controls: 0 of 7 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -116.6%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 1.98; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 2.12; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of spending went to programs
- Governance: 0 of 5 board members independent · 0 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $9K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 4 filed schedules
- 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 — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 6 not reported.
- High — Sustainability: Operating margin scored 18/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.