Prospect Elementary School Parent Teacher Organization Inc
Nonprofit profile at a glance
- EIN
- 474275721
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- Prospect, CT, USA
- Phone
- 2037586674
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Parent/Teacher Group
Reported finances
- Revenue
- $17,067
- Expenses
- $16,622
- Assets
- $23,641
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- LAUREN FRENETTE (PRESIDENT)
People named in this filing
- LAUREN FRENETTE (PRESIDENT)
- SARAH STEVENS (VICE PRESIDE)
- LIA PANKAKE (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
The prospect elementary school parent teacher organization's (pes pto) mission is to promote the welfare of the students of prospect elementary school. The pes pto was formed when the new prospect elementary school was constructed and opened in 2015. The pes pto organizes various fundraising and student events during the school year. The pes pto fundraising efforts support educational facilities and opportunities for the students of the prospect elementary schoolthat are not otherwise provided for in the school's budget through enrichment programs and special events.
What it reported doing in 2024
The prospect elementary school is a non-profit organization dedicated to the enrichment and nurturing of a close relationship between parents, teachers, and students by advancing opportunities in the school, home and the community of prospect. Field trips, special events, scholarships and student supplies.
Operating model
- Revenue model
- Other-operating. 84% of the money available for current operations came from other operating revenue.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 82
- Sustainability: 47
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.9%; rating input score 82
- Program expense ratio: 84%; rating input score 84
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.6%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 1.42; rating input score 56; 56th 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: -1.7% per year; rating input score 0; 43rd percentile among comparable filings
- Revenue growth: -14.2% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -2.4% per year; rating input score 0; 30th percentile among comparable filings
Details
- Where the money goes: 81.9% of revenue deployed · 84% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $14K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2017 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 51/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.