Parents Advisory Council on Education
Nonprofit profile at a glance
- EIN
- 043038843
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Hopedale, MA, USA
- Phone
- 5086342214
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Parent/Teacher Group
Reported finances
- Revenue
- $89,846
- Expenses
- $103,018
- Assets
- $87,130
- Liabilities
- $32,350
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Justine Taylor (President)
- Veronica Paulson (Vice President)
People named in this filing
- Justine Taylor (President)
- Veronica Paulson (Vice President)
- Amy Morrison (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary mission of P.A.C.E. is to raise funds for projects, programs, speakers or equipment that will enrich students' educational experience, promote excellence or provide informational resources to their parents. We strive to provide parents and community members with opportunities to utilize their time and talents as Memorial School volunteers. We aim to foster a positive working relationship among students, parents, and school personnel. We strive to conduct research, surveys or evaluation on issues of concern.
What it reported doing in 2024
Our objective is to fund and support the following programs through donations and fundraising: 1. Field Trips - we fund 100% of the field trips for each class during the year 2. Enrichment Programs - we are funding 2 enrichment programs seen by the entire school. 3. Events/Family Nights - Kindergarten Social, Family Dance, Talent Show, Book Fairs, BINGO Nights, and Science Fair 4. Supplemental Educational Enrichment Donation (S.E.E.D.) - mini-grants available to teachers for enrichment of individual classroom curriculums.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 100
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.4%; rating input score 77
- Program expense ratio: 67.5%; rating input score 67
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -14.7%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.85; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.37; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 46.7% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 20.3% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 24.7% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 77.4% of revenue deployed · 67.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $70K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Sustainability: Operating margin scored 27/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.