Polaris Educational Foundation

Nonprofit profile at a glance

EIN
455265005
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Manchester, NH, USA
Phone
6034981132
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$176,484
Expenses
$46,619
Assets
$169,505

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • ALVAREZ CHRISTINA (PRESIDENT)

People named in this filing

  • ALVAREZ CHRISTINA (PRESIDENT)
  • SOMERS ELISHA (VICE PRESIDE)
  • MULVANEY SAMANTHA (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

Helps support the students & staff at polars charter school in three main ways. Cultivating community by creating cohesive and supportive envoirment for students. Enriching education by organizing and funding extracurricular activities and events such as field trips, social events, parent nights, the ski program and field day. Fundraising by bridging funding gaps to ensure viability of school, provide equitable opportunities for all students, and supply needed classrom materials and school equipment.

What it reported doing in 2024

Support of staff & students of polaris charter school

Operating model

Revenue model
Donor-supported. 99% 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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 82
  • Sustainability: 80
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 26.3%; rating input score 26
  • Program expense ratio: 96.6%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 73.6%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 3.64; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -9.9% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: 189.4% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 124.2% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 26.3% of revenue deployed · 96.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $45K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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: Mission deployment rate scored 26/100.
  • High — Growth: Program expense growth scored 0/100.