Poughkeepsie Public Schools Foundation Corp

Nonprofit profile at a glance

EIN
352700401
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2021
Location
Poughkeepsie, NY, USA
Phone
9175095636
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$64,301
Expenses
$60,578
Assets
$3,051
Liabilities
$0

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

Leadership & pay

7 people listed

Executive titles in this filing

  • TAMOYA NORWOOD (PRESIDENT)

Highest reported compensation

  • G ANGELA HENRY (EXECUTIVE DI): $20,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The poughkeepsie public schools foundation's mission is to provide support to enrich the education and social-emotional development of students in the poughkeepsie city school district. The foundation also helps to close opportunity gaps to help students pursue their academic passions.

What it reported doing in 2024

The poughkeepsie public schools foundation raises funds to close opportunity gaps in early childhood education, literacy, steam, career pathways, post-secondary readiness, and cultural awareness, and to enrich the education of students who attend city of poughkeepsie public schools. Our mission is simple yet powerful: to turn "that could be me" into "that is me" through funding a range of experiential activities that expose k-12 students to a wide range of postsecondary education options from college to career training. These aren't just field trips or musical instruments or science equipment- they're windows into possibility. There are moments when a young person realizes that the stage, laboratory, farm, manufacturing plant, or the lecture hall isn't just something they observe, but something they can inhabit.

Operating model

Revenue model
Donor-supported. 100% 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 a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 90
  • Accountability: 79
  • Sustainability: 41
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.7%; rating input score 67
  • Program expense ratio: 70.8%; rating input score 71
  • Fundraising efficiency: Limited

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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 5.8%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 33%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -125.4% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: 11% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: -64.9% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 66.7% of revenue deployed · 70.8% of spending went to programs
  • Governance: 7 of 7 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $43K in reported program spending
  • Leadership: top reported pay $20K · 7 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.