Old Colony Educational Foundation Inc
Nonprofit profile at a glance
- EIN
- 820883633
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025
- Location
- Rochester, MA, USA
- Phone
- 5087638011
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $22,134
- Expenses
- $8,636
- Assets
- $65,238
- Liabilities
- $3,948
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Jerry Santos (President)
- Christopher Plonka (Vice President)
People named in this filing
- Jerry Santos (President)
- Christopher Plonka (Vice President)
- Kara B Lees (Treasurer)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide scholarships and support for Old Colony students
What it reported doing in 2025
Providing student supports for graduates and various Old Colony students
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 53
- Transparency & Controls: 82
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 34.5%; rating input score 35
- Program expense ratio: 81.9%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 61%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 7.55; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 29.1% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 24.9% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 38.4% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 34.5% of revenue deployed · 81.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $7K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.