Queer Foundation
Nonprofit profile at a glance
- EIN
- 900198562
- IRS 990-EZ coverage
- 2010–2019
- Forms available
- Form 990-EZ 2019, Form 990-N 2007
- Location
- Ravensdale, WA, USA
- Phone
- 2069998740
- Rating
- 34
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $3,134
- Expenses
- $40,429
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- Joseph Dial (Chair)
- Ken Shulman (Sec'y/Treas)
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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Queer Foundation was formed exclusively for the charitable purposes of (1) receiving contributions and paying them over to eligible individuals enrolled, as attested to by the institution, in an academic program of study at any of the accredited secondary schools or institutions of higher education that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code, and (2) providing technical assistance to potential grant applicants regarding application procedures.
What it reported doing in 2019
$3,000 in scholarships granted to individuals selected on basis of an essay submitted in the 2018-19 High School Seniors English Essay Contest plus interview. Since Queer Foundation closed at the end of 2019, remaining assets were distributed as follows: Oregon State University Foundation $10,000 and Center for Children and Youth Justice ($27,428.69).
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
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: 8
- Growth: 20
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: -1,190%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: Limited
- Revenue growth: -6% per year; rating input score 0; 35th percentile among comparable filings
- Asset growth: 4.1% per year; rating input score 100; 56th 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 · 2 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2010 to 2019
- 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.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.