Molding Kids for Success

Nonprofit profile at a glance

EIN
863134223
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Greensboro, NC, USA
Phone
3367082673
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$61,666
Expenses
$45,707
Assets
$100,845
Liabilities
$10,893

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • GEOFF FOSTER (President)
  • TONYA FOSTER (Vice President)

People named in this filing

  • GEOFF FOSTER (President)
  • TONYA FOSTER (Vice President)
  • ARNOLD MAZYCK (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To expose students to careers in stem to help bridge the theory and academic world to real-world processes and applications focussing on socio-economically challenged students. Planting the seeds early to help change the trajectory of their lives.

What it reported doing in 2024

School system used program to touch hundreds of students and affecting over 1,000 lives if you include the positive resources and information exposure throughout the community. We were able to provide stem education and exposure to plastics, advanced manufacturing, robotics and 3d for students fifth through eight grade using classroom experimental and real world applications. The goal is to expose students at an early age to stem careers with an emphasis to serve those from challenged socio-economic backgrounds so these students can positively change the tranjectory of their lives by exploring opportunities that can meet the demands of the future. The current goal for subsequent years is to reach 10 times as many direct participants with additional funding.

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 100% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 82
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61%; rating input score 61
  • Program expense ratio: 82.3%; rating input score 82

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 25.9%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 2.21; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 40% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 16.2% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 56.6% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 61% of revenue deployed · 82.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $38K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 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: Liabilities to assets ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.