Sequoyah Elementary Foundation

Nonprofit profile at a glance

EIN
204330327
IRS 990-EZ coverage
2012–2023
Forms available
Form 990-EZ 2023
Location
Knoxville, TN, USA
Phone
8655889295
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$116,745
Expenses
$109,996
Assets
$229,100

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • LISA KRAJEWSKI (PRESIDENT)

People named in this filing

  • BEN F MCMURRY IV (TREASURER)
  • SHAY SILER (DIRECTOR)
  • LISA KRAJEWSKI (PRESIDENT)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Sequoyah elementary foundation's purpose is to fund initiatives and infrastructures of sequoyah elementary school including upgrading computers, upgrading school security, providing additional staff for extra learning opportunities and support, all to enhance the core curriculum of the school.

What it reported doing in 2023

The foundation donated 137,794 to knox county schools during fy 22/23 for the purpose of supporting stem learning, technology device purchases and upgrades, additional teaching and enrichment positions, professional development opportunities for teachers, and facilities upgrades.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 100
  • Sustainability: 55
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89%; rating input score 89
  • Program expense ratio: 94.3%; rating input score 94

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 5.8%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 2.08; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 0.2% per year; rating input score 100; 32nd percentile among comparable filings
  • Revenue growth: -1.3% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: -0.3% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 89% of revenue deployed · 94.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $104K in reported program spending
  • Leadership: top reported pay $0 · 19 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 11 filing years from 2012 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Growth: Asset growth scored 0/100.