Promise Road Elementary Pto
Nonprofit profile at a glance
- EIN
- 455046572
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Noblesville, IN, USA
- Phone
- 3177737060
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $66,223
- Expenses
- $46,735
- Assets
- $77,960
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- GRETCHEN FORAN (PRESIDENT)
- JENNIFER TOBISON (VICE PRESIDENT)
People named in this filing
- GRETCHEN FORAN (PRESIDENT)
- JENNIFER TOBISON (VICE PRESIDENT)
- JESSICA SOLOW (CO-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
The objectives of this organization are to support the education of children at promise road elementary by fostering relationships among the school, parents, and teachers.
What it reported doing in 2024
Pre pto provided a reimbursement allowance of up to $200.00 per teacher. This allowed the teacher to purchase educational materials, recognition awards, technology supplies, and other materials to enrich the educational experience for the students. Student take home folders for the teachers to send correspondence to parents each day.
Operating model
- Revenue model
- Other-operating. 91% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. 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: 35
- Transparency & Controls: 82
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30%; rating input score 30
- Program expense ratio: 42.5%; rating input score 43
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 29.4%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1.67; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 25.2% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 33.1% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 30% of revenue deployed · 42.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $20K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
- Moderate — Financial Efficiency: Program expense ratio scored 43/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.