Saint Paul Public Schools Foundation

Nonprofit profile at a glance

EIN
411824107
IRS 990 coverage
2010–2015
Forms available
Form 990 2015
Location
Saint Paul, MN, USA
Phone
6513254220
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$1,985,052
Expenses
$2,191,384
Assets
$738,418
Liabilities
$503,481

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • MICHAEL ANDERSON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ANN MULHOLLAND (DIRECTOR): $223,124 total reported compensation
  • MICHAEL ANDERSON (EXECUTIVE DIRECTOR): $118,720 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mobilizing resources to support student success in saint paul public schools.

What it reported doing in 2015

Tutoring partnership for academic excellence: objective: increase academic outcomes for 6,500 students receiving high-quality, standards-based tutoring in math and reading so that students receiving tutoring will make 15% greater growth compared to similar students not tutored as measured by standardized tests administered by the school district.accomplishments: -5,627 students tutored by 1,109 tutors from 20 community organizations during 2014-2015 school year. -students receiving tutoring are those most at risk: 84% eligible free/reduced price lunch; 37% english learners; and 89% students of color (43% african american, 32% asian american, 13% latino and 2% american indian).- several years of external evaluations show a trend of positive effects for tutoring in early literacy. The trend from 2009-2014 demonstrates that students who receive high-quality literacy tutoring in elementary school perform better than their peers, making 10-30% greater growth in early reading skills.-results in math have varied in our annual evaluations, demonstrating the need for additional research and evaluation to identify and scale effective math interventions in out-of-school time.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 67
  • Accountability: 87
  • Sustainability: 21
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.5%; rating input score 83
  • Program expense ratio: 75.6%; rating input score 76
  • Fundraising efficiency: $6.04 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 15th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 94.9%; rating input score 95; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96%; rating input score 96; 26th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -10.4%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.34; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.68; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 2.2%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 31.9% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 12.2% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: -9.4% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 83.5% of revenue deployed · 75.6% of spending went to programs
  • Governance: 24 of 25 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $1.7M in reported program spending
  • Leadership: top reported pay $223K · 26 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $910K reported
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 6 filing years from 2010 to 2015
  • Contacts: How to reach this organization
  • Money network: 16 filed money-flow records
  • Related organizations: 16 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: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 25/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.