Riverside County Office of Education Foundation

Nonprofit profile at a glance

EIN
371704913
IRS 990-EZ coverage
2013–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Riverside, CA, USA
Phone
9518266790
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$73,129
Expenses
$216,565
Assets
$194,775
Liabilities
$128

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • EDWIN GOMEZ EDD (DIRECTOR)
  • ERIC ECKSTROM (DIRECTOR)
  • DIANA KOT (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote, raise funds for the benefit of, motivate and encourage students and provide and enhance opportunities for students participating in the educational, leadership, children and family services, student programs and services, and other programs of the riverside county superintendent of schools.

What it reported doing in 2024

Scholarships totaling $49,100 were awarded to 41 students; esa scholar awards totaling $11,500 were awarded to 23 students; avid student scholarships totaling $14,200 were awarded to 52 students; esports student scholarships totaling $4,500 were awarded to 3 students; greater coachella valley student of the year scholarships totaling $17,500 were awarded to 7 students; student academic scholarships totaling $9,000 were awarded to 22 students; writer's showcase scholarships totaling $1,000 were awarded to 2 students.grants were also made to riverside county office of education totaling $80,144 for financial literacy program, education technology program, science & engineering fair, and esports program.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 92% 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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 26
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.7%; rating input score 94

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: -196.1%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.9; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 16.8% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 12.5% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 15.8% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 93.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $203K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2013 to 2024
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 5/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.