Pontiac Alumni Foundation Inc

Nonprofit profile at a glance

EIN
383528741
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024
Location
Pontiac, MI, USA
Phone
2487064842
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$15,923
Expenses
$20,062
Assets
$148,035

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

Leadership & pay

6 people listed

Executive titles in this filing

  • TERRI COVINGTON (President)

People named in this filing

  • TERRI COVINGTON (President)
  • JAMES WALKER (Treasurer)
  • MARSHA EASLEY (Secretary)

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

Dedicated to the establishing and administering of a network of individuals and entities organized for the purpose of receiving and administering funds for educational, charitable, and public welfare of children in the pontiac school district.

What it reported doing in 2024

ORGANIZED VARIOUS FUNDRAISERS TO RAISE MONEY FOR EDUCATIONAL SCHOLARSHIPS. THE FUNDRAISERS INCLUDED: (1) BATTLE OF THE BANDS, (2) JUNE FIEGER & DWSAA, (3) BACK TO SCHOOL RALLY, (4) TRUNK OR TREAT, (5) ITA CAMPUS PROJECT,(6) PSD STEM PROGRAM,(7) PAF/PSD Pontiac Alumni Homecoming Spirit Week events, AND (8) PSD Brick Fundraiser "Alumni Walk of Success".

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
Direct operator. The filing allocates 86% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 100
  • Sustainability: 42
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.3%; rating input score 90
  • Program expense ratio: 71.6%; rating input score 72

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: -26%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 7.38; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -7.1% per year; rating input score 0; 32nd percentile among comparable filings
  • Revenue growth: -6% per year; rating input score 0; 32nd percentile among comparable filings
  • Asset growth: -3.9% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 90.3% of revenue deployed · 71.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $14K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2015 to 2024
  • 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 — Sustainability: Operating margin scored 20/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.