Netcong Educational Foundation Inc
Nonprofit profile at a glance
- EIN
- 270899574
- IRS 990-EZ coverage
- 2018–2019
- Forms available
- Form 990-EZ 2019, Form 990-N 2017
- Location
- Netcong, NJ, USA
- Phone
- 9732776982
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $69,534
- Expenses
- $73,683
- Assets
- $31,764
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- Thomas Patamia (Trustee)
- Robert Hathaway (Trustee)
- Andrea Almendinger (Trustee)
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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To enhance the educational experience of all netcong school children by providing financial support and other resources to supplement programs and activities.
What it reported doing in 2019
To provide after school day-care services for the benefit of community school children.
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 99% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 82
- Sustainability: 30
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.3%; rating input score 97
- Program expense ratio: 91.8%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -6%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 25; 25th 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: -56.5% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -68.2% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -12.3% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 97.3% of revenue deployed · 91.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $68K 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: 2 filing years from 2018 to 2019
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.