Nashua Education Foundation
Nonprofit profile at a glance
- EIN
- 273100958
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- Nashua, NH, USA
- Phone
- 6038607818
- Rating
- 49
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $85,681
- Expenses
- $21,562
- Assets
- $473,634
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ELIZABETH KREICK (PRESIDENT)
People named in this filing
- ELIZABETH KREICK (PRESIDENT)
- STEVEN ZIOGAS (TREASURER)
- PATRICIA POWERS (BOARD MEMBER)
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
Foundation's mission is to enhance educational opportunities for nashua public school students.we accomplish this by providing resources to support and inspire innovative educational initiatives. Developing partnerships to leverage community resources to support students and teachers. Funding initiatives that are outside the scope of the school district's operating budget.working collaboratively with the nashua school district to understand educational priorities that will inform, but not dictate, funding decisions.being an efficient and responsible steward of all donations and funds.
What it reported doing in 2024
The nashua education foundation is committed to raising resources to enhance education excellence in the nashua school district. The program provides additional resources needed to bring books and materials along with an expansive educational experience to the students of the nashua school district.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 88
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 74.8%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 21.97; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 8.3% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 17.8% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 8 filing years from 2017 to 2024
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 56/100.