SCORE Foundation
Nonprofit profile at a glance
- EIN
- 521962712
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Washington, DC, USA
- Phone
- 8006340245
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $1,168,810
- Expenses
- $2,005,141
- Assets
- $1,394,579
- Liabilities
- $704,805
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- Bridget Weston (CEO)
- Elizabeth Sara (President)
- Ronald Cates (President)
Highest reported compensation
- Bridget Weston (CEO): $371,116 total reported compensation
- Rick Peluso (VP of Finance): $296,265 total reported compensation
- Elizabeth Sara (President): $294,010 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 SCORE Foundation supports the SCORE Association in its mission to foster vibrant small business communities through mentoring and education.
What it reported doing in 2024
Educational Content: The SCORE Foundation supported educational content, tools and resources for the SCORE Association to help small business owners and startups succeed. This included business templates, e-guides, checklists, videos, and online workshops.
Operating model
- Revenue model
- Donor-supported. 85% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 45
- Transparency & Controls: 89
- Accountability: 100
- Sustainability: 13
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60%; rating input score 60
- Program expense ratio: 34.1%; rating input score 34
- Fundraising efficiency: $1.83 raised per $1 spent on fundraising; rating input score 5; 5th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -71.6%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.51; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 39.2%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -3.7% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -3.7% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -2.3% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 60% of revenue deployed · 34.1% of spending went to programs
- Governance: 8 of 8 board members independent · 9 of 9 filing controls reported
- Programs: 6 filed program accomplishments · $683K in reported program spending
- Leadership: top reported pay $371K · 20 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $194K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- 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.
- Moderate — Financial Efficiency: Program expense ratio scored 34/100.
- High — Financial Efficiency: Fundraising efficiency scored 5/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- High — Sustainability: Officer compensation ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.