Nordso Foundation

Nonprofit profile at a glance

EIN
453134439
IRS 990-EZ coverage
2012–2014
Forms available
Form 990-EZ 2014, Form 990-N 2011
Location
Seattle, WA, USA
Phone
2066642500
Rating confidence
Limited
Sector
Water Resource, Wetlands Conservation and Management

Reported finances

Revenue
$0
Expenses
$85,287
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • MIRIAM PIERCE (PRESIDENT/CHAIR)

People named in this filing

  • MIRIAM PIERCE (PRESIDENT/CHAIR)
  • ALAN BOYD (DIRECTOR)
  • KARLI PICKETT (DIRECTOR)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation's primary exempy purpose is the intention of cleaning up plastic waste from the waters and beaches of the salish sea and using the waste collected for art to educate the public about the dangers and hazards of plastic waste to marine life and the environment.

What it reported doing in 2014

Cleaning up plastic waste from the waters and beaches of the Salish Sea and using the waste collected for art to educate the public about the dangers and hazards of plastic waste to marine life and the environment.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0.9%; rating input score 1

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -105.4% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -152.5% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -81.1% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 0.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $726 in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2012 to 2014
  • 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 — Financial Efficiency: Program expense ratio scored 1/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.