Minerva Foundation
Nonprofit profile at a glance
- EIN
- 271626318
- IRS 990-EZ coverage
- 2016–2016
- Forms available
- Form 990 2015, Form 990-EZ 2016, Form 990-N 2013
- Location
- Mission, KS, USA
- Phone
- 9138251200
- Rating confidence
- Limited
- Sector
- Public Foundations
Reported finances
- Revenue
- $0
- Expenses
- $7,061
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- DON PRINCE (PRESIDENT, CHAIR)
People named in this filing
- DON PRINCE (PRESIDENT, CHAIR)
- ERIC LAU (VICE CHAIR, SECRETARY)
- PAUL CONIGLIO JR (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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide scholarships for post-secondary education and gifts, grant or contributions to schools, colleges and other educational organizations.
What it reported doing in 2016
Minerva foundation was terminated in 2016 and all remaining cash was distributed to the mark e curry family foundation.
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
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as 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: 25
- Transparency & Controls: 82
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 66.8%; rating input score 67
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -143.8% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -38.7% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 66.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 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 — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.