New Song Education Foundation

Nonprofit profile at a glance

EIN
882256201
IRS 990 coverage
2024–2025
Forms available
Form 990 2025
Location
Mountlake Terrace, WA, USA
Phone
4259745731
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Protestant

Reported finances

Revenue
$1,503,199
Expenses
$1,542,599
Assets
$283,445
Liabilities
$7,260

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • DANBEE LEE (CEO)

Highest reported compensation

  • DANBEE LEE (CEO): $20,535 total reported compensation
  • EUNSUK SHIN (Treasurer): $11,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

NSEFs mission is to empower the next generation of global leadership in excellence with exciting education arts & athletic programs internships scholarships and more. At NSEF we strive to give tangible opportunities for success. We are a 501c3 non-profit organization that aims to love God through serving people by meeting practical and spiritual needs including Christian worship services Christian education various Christian education scholarships for higher education and seminary providing Christian learning centers and programs planting Christian churches sponsoring Christian camps and retreats supporting Christian mission work and education through grants supporting Christian media and providing Christian affordable community development and assisted living facilities.

What it reported doing in 2025

NSEF gives families in need scholarships to help with tuition for early learning and or afterschool programs for children in K-6 in which families do not qualify for WA state subsidy. NSEF also awards next generation leadership scholarships for high school seniors each year to qualified students giving priority to students on financial need basis.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
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. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 100
  • Accountability: 86
  • Sustainability: 27
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.4%; rating input score 90
  • Program expense ratio: 88.1%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -2.6%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 51; 51st percentile among comparable filings
  • Officer compensation ratio: 2.1%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 1.2% per year; rating input score 100; 19th percentile among comparable filings
  • Revenue growth: -17.6% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -23.1% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 90.4% of revenue deployed · 88.1% of spending went to programs
  • Governance: 4 of 4 board members independent · 6 of 9 filing controls reported
  • Programs: 6 filed program accomplishments · $1.4M in reported program spending
  • Leadership: top reported pay $21K · 5 people listed
  • Consistency: 40 of 40 current checks pass
  • Schedules: 3 filed schedules · includes grants
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 24/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Liabilities to assets ratio scored 51/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.