Red Lodge Public Schools Foundation Inc

Nonprofit profile at a glance

EIN
331165645
IRS 990-EZ coverage
2012–2022
Forms available
Form 990 2011, Form 990-EZ 2022
Location
Red Lodge, MT, USA
Phone
4064258922
Rating
87
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$21,472
Expenses
$16,382
Assets
$186,088

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • BETTY HECKER (President)
  • ELISE FOUTS (Vice President)

People named in this filing

  • MATTHEW MARTIN (Director)
  • BETTY HECKER (President)
  • Rue Freeman (Director)

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 red lodge public schools foundation is organized exclusively for charitable, religious, educational, and scientific purposes, specifically supporting and enhancing the educational opportunities in the red lodge public schools. To this end, the corporation shall support and enhance the educational mission and opportunities of the red lodge public schools, including supporting building construction, program development, on-going programs and activities. All funds, whether income or principal, and wether acquired by gift, contribution, or otherwise, shall be devoted to said purpose.

What it reported doing in 2022

Provide college scholarships to area youth. 13 scholarships were awarded in 2022 amounting to $ 16,250.00

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
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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Sustainability: 69
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.7%; rating input score 76
  • Program expense ratio: 99.2%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 23.7%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 11.36; rating input score 92; 92nd 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: -3.6% per year; rating input score 0; 43rd percentile among comparable filings
  • Revenue growth: -24.2% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 6.5% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 75.7% of revenue deployed · 99.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2012 to 2022
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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: Officer compensation ratio scored 56/100.