Nambale Scholars Foundation Inc
Nonprofit profile at a glance
- EIN
- 813987999
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990-EZ 2025
- Location
- Norwalk, CT, USA
- Phone
- 9177339255
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $79,163
- Expenses
- $28,008
- Assets
- $198,733
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- BRANDI DRAKE (PRESIDENT)
People named in this filing
- KAREN CALBY (TREASURER)
- EVAN DRAKE (DIRECTOR)
- BRANDI DRAKE (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support the nambale magnet school scholarship learners who will require financial assistance in order to further their education, including vocational school, high school and university training. Support may also be granted to students in need from the nambale region that did not attend nambale magnet school, but exhibit high scholarship and financial need.
What it reported doing in 2025
To support the nambale magnet school scholarship learners who will require financial assistance in order to further their education, including vocational school, high school and university training.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 100
- Sustainability: 77
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.8%; rating input score 34
- Program expense ratio: 95.4%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 64.6%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 7.1; rating input score 88; 88th 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: 8.4% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 12.1% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 33.8% of revenue deployed · 95.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $27K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2019 to 2025
- 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 34/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.