Private Sector Advocacy Foundation

Nonprofit profile at a glance

EIN
141930870
IRS 990-EZ coverage
2015–2015
Forms available
Form 990-EZ 2015, Form 990-N 2014
Location
Bayonne, NJ, USA
Phone
9174779129
Rating
35
Verdict
REVIEW
Rating confidence
Moderate
Sector
Mutual/Membership Benefit N.E.C.

Reported finances

Revenue
$6,000
Expenses
$5,500
Assets
$250
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Abdoulaye Mbengue (President)

People named in this filing

  • Abdoulaye Mbengue (President)
  • Yusupha Kamara (Secretary)
  • Ethienne Correa (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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Private Sector Advocacy Foundation provide free business management counseling, training and coaching to entrepreneurs, small business owners, local diasporas associations members, students and young professional in underprivileged areas focusing in Michigan and New York.

What it reported doing in 2015

PSAF provided 160 hrs of training in Strategic Management for a local diaspora organization which resulted to the realization of the organization first strategic plan and a creation of a task force for implementation. Such strategic plan was instrumental for the building a partnership with the city of Detroit in starting an English as a Second Language Program in house. Over 30 adults are currently taking advantage of the program. Additionally, PSAF provides ongoing management coaching to 10 young professionals in Michigan and in New York. PSAF contributed to the recording of videos and radios programs on leadership and sustainable socioeconomic development. Moreover, PSAF was able to provide tables, chairs and desks to a local organization that recently acquired a building. Moreover, PSAF is working with 20 middle school and high school students in providing guidance and counseling for higher academic performances and career development. Furthermore, PSAF continues to provide business management counseling and coaching to entrepreneurs and small business owners in diasporas and underprivileged communities.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 46
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 8.3%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.