Randolph Education Foundation
Nonprofit profile at a glance
- EIN
- 223734578
- IRS 990-EZ coverage
- 2014–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2013
- Location
- Mount Freedom, NJ, USA
- Phone
- 9739539380
- Rating confidence
- Limited
- Sector
- Public Foundations
Reported finances
- Revenue
- $-6,217
- Expenses
- $7,730
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- PAOLA HEINCKE (President)
- ANTHONY FUSCO (Vice President)
People named in this filing
- PAOLA HEINCKE (President)
- JENNIFER PEEL (Treasurer)
- ANTHONY FUSCO (Vice President)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the randolph education foundation is to harness the power of our community to create opportunities that enable students and teachers to thrive.
What it reported doing in 2022
School readiness (second pair) - a grass roots initiative that enables students with financial need in our district to come to school ready to learn. We generally provide gift cards and coats. 100% of the money raised for this program is spent solely on this program.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 60% for direct work, and 40% for grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 24
- Transparency & Controls: 82
- Sustainability: 10
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 64.7%; rating input score 65
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -224.3%; rating input score 5; 5th 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: -9.8% per year; rating input score 0; 30th percentile among comparable filings
- Revenue growth: -23.4% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: -16.9% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 64.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $5K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2014 to 2022
- 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 — Sustainability: Operating margin scored 5/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.