Salida Del Sol Academy Foundation
Nonprofit profile at a glance
- EIN
- 471101571
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2015
- Location
- Greeley, CO, USA
- Phone
- 9703478223
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $16,259
- Expenses
- $12,579
- Assets
- $67,362
- Liabilities
- $22,100
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- DR RONNA SANCHEZ (PRESIDENT)
- DAVID SANCHEZ (VICE PRESIDENT/TREASURER)
People named in this filing
- DR RONNA SANCHEZ (PRESIDENT)
- DAVID SANCHEZ (VICE PRESIDENT/TREASURER)
- RICKY BUCHER (BOARD MEMBER)
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 provide operational and educational support for salida del sol academy, a k-8 public charter school.
What it reported doing in 2024
Provide support to salida del sol academy.
Operating model
- Revenue model
- Donor-supported. 84% of the money available for current operations came from contributions and gifts.
- 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: 84
- Transparency & Controls: 100
- Sustainability: 69
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.1%; rating input score 78
- Program expense ratio: 95.4%; rating input score 95
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: 22.6%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 5.36; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.33; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -89% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: -81.5% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -29.1% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 78.1% of revenue deployed · 95.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.