Southwest Allen County Schools Education Foundation Inc

Nonprofit profile at a glance

EIN
352125818
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Fort Wayne, IN, USA
Phone
2604461611
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$47,097
Expenses
$18,551
Assets
$311,112

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • MEGAN COLE MILLER (PRESIDENT)

People named in this filing

  • MEGAN COLE MILLER (PRESIDENT)
  • APRIL HENDRIX (SECRETARY)
  • CINDY OTTEN (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 mission of the southwest allen county schools education foundation is to support the vision and goals of the school corporation. The foundation will conduct fundraising activities, develop and support programs, distribute funds, protect assets, and encourage timely projects.

What it reported doing in 2024

Founded in 1999, the sacs education foundation provides support for southwest allen county schools to promote educational excellence within the district by acknowledging outstanding teaching, community involvement, and academic achievements among our educators, staff, and students. Its ongoing mission is to provide resources for charitable and educational needs within the school district and encourage community engagement, fiscal stewardship and the development and support of programs. The foundation remains committed to expanding its endowment, aiming to support innovative initiatives and educational opportunities, fostering philanthropic resources and community relationships that promote learning, growth, and unique educational experiences for all sacs students.

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 97% of its reported program spending out as grants.

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 a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 100
  • Sustainability: 79
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 39%; rating input score 39
  • Program expense ratio: 59.3%; rating input score 59

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: 60.6%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 16.77; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -4.5% per year; rating input score 0; 36th percentile among comparable filings
  • Revenue growth: 14.5% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 1.9% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 39% of revenue deployed · 59.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • 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 39/100.
  • Review — Financial Efficiency: Program expense ratio scored 59/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.