Somerville Home and School Association
Nonprofit profile at a glance
- EIN
- 223380181
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990 2016, Form 990-EZ 2024
- Location
- Ridgewood, NJ, USA
- Phone
- 2016702600
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Parent/Teacher Group
Reported finances
- Revenue
- $139,462
- Expenses
- $61,030
- Assets
- $99,976
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- NICOLE RAGAINS (PRESIDENT)
- CARA ROBLES (VICE PRESIDENT)
People named in this filing
- NICOLE RAGAINS (PRESIDENT)
- CARA ROBLES (VICE PRESIDENT)
- KATIE FINSTON (TREASURER)
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
The somerville hsa strives to enhance the already outstanding curriculum at somerville school through the addition of assemblies, author visits, and classroom improvements which benefit all of our students during their time at somerville. In addition to curriculum based enhancements, we organize fun events for families. We also plan creative ways to thank and acknowledge our wonderful teachers and somerville staff throughout the year with luncheons, sweet surprises and appreciation events.
What it reported doing in 2024
To provide funds for enrichment and social activites and for educational field trips for the students of somerville elementary school.
Operating model
- Revenue model
- Donor-supported. 83% 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
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 82
- Sustainability: 83
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.5%; rating input score 38
- Program expense ratio: 87.9%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 56.2%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 1.64; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -1.1% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: -1.5% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 38.5% of revenue deployed · 87.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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: Mission deployment rate scored 38/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.