Ps 41Q Parent Teacher Association Corp

Nonprofit profile at a glance

EIN
852827216
IRS 990-EZ coverage
2020–2023
Forms available
Form 990-EZ 2023
Location
Bayside, NY, USA
Phone
7184238333
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Parent/Teacher Group

Official website

Reported finances

Revenue
$127,851
Expenses
$122,563
Assets
$103,366
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JUDY KWAK (CO-PRESIDENT)
  • BRYAN CHAN (CO-PRESIDENT)
  • NICHOLE SMITH (FIRST VICE-PRESIDENT, MEMBERSHIP)
  • LINDA KIM (SECOND VICE-PRESIDENT, PUBLICATIONS)
  • Michelle Almodovar-Chin (THIRD VICE-PRESIDENT, FUNDRAISING)
  • Michael Duong (THIRD VICE-PRESIDENT, FUNDRAISING)

People named in this filing

  • JUDY KWAK (CO-PRESIDENT)
  • BRYAN CHAN (CO-PRESIDENT)
  • Laura Rossman (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To establish and support supplemental educational and social well-being programs at PS41Q, including but not limited to: *Promote social well-being and quality education for students at Public School 41Q; *Provide support services and resources to Public School 41Q for the benefit and educational growth of the students of Public School 41Q; *Conduct fundraising to support the establishment, operation and maintenance of supplemental programs at Public School 41Q; *Foster and develop cooperative working relationships among parents, teachers, students and staff of Public School 41Q; *Develop partnerships, networks and joint initiatives among Public School 41Q and related organizations for the benefit and educational growth of the students of Public School; *Foster and encourage parent participation at Public School 41Q; *Inform parents of students at Public School 41Q of current issues; and *Provide opportunities and training to parents of students at Public School 41Q to participa

What it reported doing in 2023

To establish and support supplemental educational and social well-being programs at PS41Q.

Operating model

Revenue model
Other-operating. 89% of the money available for current operations came from other operating revenue.
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 and revenue 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: 0
  • Transparency & Controls: 82
  • Sustainability: 54
  • Growth: 60

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: 4.1%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.84; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -107.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 40.7% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 15% per year; rating input score 100; 71st percentile among comparable filings

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 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2020 to 2023
  • 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 — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.