North Star School District Foundation
Nonprofit profile at a glance
- EIN
- 450455194
- IRS 990-EZ coverage
- 2012–2012
- Forms available
- Form 990 2011, Form 990-EZ 2012
- Location
- Cando, ND, USA
- Phone
- 7019684416
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $16,368
- Expenses
- $18,795
- Assets
- $274,123
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
8 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
North star school district foundation was created primarily for the purpose of establishing scholarships for the benefit of deserving graduates of public schools within the north star school district #10. It was also created for the purpose of providing funds to the north star school district #10 for the purpose of supporting educational activities of the school district, purchasing educational materials and AIDS, and for providing adequate educational facilities and faculty.
What it reported doing in 2012
Scholarship applications are made available to all high school senior students of the north star public school district # 10, cando, North Dakota (class size ranges from about 15 - 30 students per year), and also to graduates of the school who are enrolled in their third or fourth year of a post-secondary major degree program in the field of education (the number of students meeting this criteria cannot be readily determined, and can fluctuate greatly from year-to-year). A committee evaluates each application, based upon the criteria established on the applications, and awards a number of scholarships in varying amounts, based upon the number of applicants and the amount of funds available to be provided for scholarships.
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
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 75
- Sustainability: 40
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.1%; rating input score 98
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -14.8%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 14.58; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: -3.8% per year; rating input score 0; 46th percentile among comparable filings
- Asset growth: -1.2% per year; rating input score 0; 44th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Related organizations: 2 filed related-organization links
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Growth: Asset growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.