Milpitas Community Educational Endowment
Nonprofit profile at a glance
- EIN
- 271030958
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Milpitas, CA, USA
- Phone
- 4088907499
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $138,871
- Expenses
- $121,668
- Assets
- $368,664
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Amin Fazal (Co-President)
- Swati Shah (Co-President)
- Yolie Garcia (Vice President)
People named in this filing
- Robert Jung (Founder)
- Amin Fazal (Co-President)
- Swati Shah (Co-President)
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 Milpitas Community Education Foundation (MCEF) is a nonprofit organization dedicated to supporting students and schools in the Milpitas Unified School District. Our mission is to enhance educational opportunities by funding scholarships, classroom grants, STEAM education, and programs that enrich student learning and success.
What it reported doing in 2024
STEAM Showcase: Organized the annual STEAM Showcase where students presented science, technology, engineering, arts, and math projects.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 83% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 63
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.2%; rating input score 86
- Program expense ratio: 98.4%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 12.4%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 3.03; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -25.9% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 2.4% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 86.2% of revenue deployed · 98.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $120K in reported program spending
- Leadership: top reported pay $0 · 9 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
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Growth: Revenue growth scored 0/100.