Peoria Education Foundation

Nonprofit profile at a glance

EIN
860607829
IRS 990 coverage
2013–2023
Forms available
Form 990 2023
Location
Peoria, AZ, USA
Phone
6234866040
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Education

Official website

Reported finances

Revenue
$228,077
Expenses
$158,186
Assets
$1,635,232
Liabilities
$56,444

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • MICHAEL GONZALEZ (Vice President)
  • JULIA SMOCK (President)
  • PATRICK O'GRADY (Vice President)

People named in this filing

  • MICHAEL GONZALEZ (Vice President)
  • TRACEY VASQUEZ (Director)
  • JULIA SMOCK (President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Funding for Education.

What it reported doing in 2023

Nine different scholarship types are awarded to high school seniors who plan to continue post secondary education:1. The students have overcome significant adversity to complete their high school coursework.2. The students have accumulated significant hours of volunteerism in the community as they learn life skills and make a difference for others in the process.3. The students have demonstrated exceptional leadership qualities.4. The students have shown an aptitude, interest and intention to pursue education in the area of history.5. The students support special needs students and plan to complete their field of study, specifically working with individuals with disabilities.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 99% 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. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 94
  • Accountability: 60
  • Sustainability: 78
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.4%; rating input score 68
  • Program expense ratio: 92.7%; rating input score 93
  • Fundraising efficiency: $91.06 raised per $1 spent on fundraising; rating input score 84; 84th percentile among comparable filings

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; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92.3%; rating input score 92; 25th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 30.6%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 10.34; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 11.5% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 9.9% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 3.1% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 68.4% of revenue deployed · 92.7% of spending went to programs
  • Governance: 12 of 13 board members independent · 1 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $147K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 10 filing years from 2013 to 2023
  • 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 — Accountability: Governance controls: 5 of 6 not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.