Quaker Ridge Employee Charity Fund
Nonprofit profile at a glance
- EIN
- 474039293
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Scarsdale, NY, USA
- Phone
- 9147251100
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $114,378
- Expenses
- $133,655
- Assets
- $153,297
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- ROBERT SPIEGEL (PRESIDENT)
People named in this filing
- ROBERT SPIEGEL (PRESIDENT)
- MARK HAUSER (TREASURER)
- ROBERT MUSICH (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 mission of the quaker ridge employee charity fund, inc. (the "fund") is to create, form and establish a scholarship fund to benefit employees and/or the employees' families of the quaker ridge golf club and other golf clubs in westchester county; to provide financial assistance, to promote, foster and encourage scholastic achievement, educational excellence and intellectual advancement by providing funds for continuing education; to aid, encourage, stimulate, foster and promote educational development through grants, stipends, scholorships and financial assistance to deserving students; to provide financial assistance to the employees, volunteers and family members of the scarsdale fire department, scarsdale police department and other orgaizations that provide emergency services to the quaker ridge golf club and the surrounding area; to solicit donations from interested individuals, charitable and educational organizations, corporations, agencies and other interested intuitions.
What it reported doing in 2024
To establish a scholarship fund to benefit employees and children of the quaker ridge golf club; to pormote, foster and enchourage scholastic achievement and educational development.to provide financial assistance to employees, volunteers and family members of the scarsdale fire department, scarsdale police department and any other organizations that provide emergency services to the quaker ridge golf club.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 100
- Sustainability: 40
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 91.2%; rating input score 91
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -16.9%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 1.15; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 20.4% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 10.4% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: -0.9% per year; rating input score 0; 25th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 91.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $122K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Sustainability: Operating margin scored 10/100.
- High — Growth: Asset growth scored 0/100.