Rodel Charitable Foundation - De

Nonprofit profile at a glance

EIN
911944585
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Wilmington, DE, USA
Phone
3025711636
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$5,876,360
Expenses
$8,983,332
Assets
$14,818,040
Liabilities
$789,032

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

Leadership & pay

14 people listed

Executive titles in this filing

  • PAUL HERDMAN EDD (PRESIDENT AND CEO)
  • MADELEINE M BAYARD MPA (SR VICE PRESIDENT)
  • MARK BAXTER END DATE 11325 (VICE PRESIDENT)
  • ZAKIYYAH ALI (EXECUTIVE DIRECTOR-ITIC)
  • KIA JOHNSON (VICE PRESIDENT)

Highest reported compensation

  • PAUL HERDMAN EDD (PRESIDENT AND CEO): $436,321 total reported compensation
  • MADELEINE M BAYARD MPA (SR VICE PRESIDENT): $247,526 total reported compensation
  • MARK BAXTER END DATE 11325 (VICE PRESIDENT): $237,713 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization was formed as a supporting organization under irc section 509(a)(3) to support the Delaware community foundation. Rodel strengthens Delaware's public education system and workforce by connecting partners to advance and implement sustainable solutions.

What it reported doing in 2024

Rodel is one of many partners involved in the nationally recognized Delaware pathways initiative, a public-private partnership that includes the governor's office, higher education, and major local employers--all working toward creating meaningful job experiences and college-level courses for high schoolers. Rodel worked with partners to create conditions for more than 30,000 students statewide to participate in pathway experiences. Rodel has worked with district and state partners to develop a strategy that support the recruitment and retention of teachers of color. This work has included creating early exposure opportunities for high school students, scaling high-quality teacher preparation programs, building a statewide teacher leadership framework, and supporting the development of culturally affirming schools. Rodel and its partner organization, the vision coalition, have convened hundreds of leaders, community members and educators on a variety important issues across several events, ranging from equitable student funding to career pathways, to diversifying the educator workforce.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 62% for direct work, and 38% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 60
  • Accountability: 95
  • Sustainability: 27
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 84.7%; rating input score 85
  • Fundraising efficiency: $5.42 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 7th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 76.7%; rating input score 77; 20th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -52.9%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 1.65; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 14.6%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 5.5% per year; rating input score 100; 43rd percentile among comparable filings
  • Revenue growth: 11.6% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: -6.3% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 84.7% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $7.6M in reported program spending
  • Leadership: top reported pay $436K · 14 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.4M reported
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes foreign activity, grants, and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 18 filed money-flow records
  • Related organizations: 13 filed related-organization links
  • 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 19/100.
  • High — Sustainability: Operating margin scored 2/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.