St Anthony Educational Foundationinc

Nonprofit profile at a glance

EIN
136103940
IRS 990 coverage
2010–2023
Forms available
Form 990 2023
Location
Indianapolis, IN, USA
Phone
8885809349
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$380,073
Expenses
$371,193
Assets
$4,817,401
Liabilities
$97,113

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

Leadership & pay

9 people listed

Executive titles in this filing

  • MATHILDE L DAVIDSON (PRESIDENT)

People named in this filing

  • MATHILDE L DAVIDSON (PRESIDENT)
  • SAM DANGREMOND (VICE PRESIDE)
  • EX HOPSON (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The fundamental purposes of the st. Anthony educational foundation (saef), a secular public charity, are to encourage and support - through scholarships and grants - the educational and cultural activities of members of st. Anthony hall. Through its efforts, the foundation seeks to enhance the development of members' intellects and to foster responsible citizenship. St. Anthony educational foundation, inc., is the national organization's primary source of support for programs and activities that enrich st. Anthony hall's individual members and chapters from an academic and intellectual standpoint. One of the most prominent ways in which this is done is through grants and scholarships awarded for qualifying projects.

What it reported doing in 2023

Numerous grants have been made to individuals in order to expand their scholarly pursuits, as well as to chapters in order to enrich campus life through pursuits such as fund lectures and literary presentations. Foundation grants have also sponsored regular workshops and seminars designed to strengthen undergraduates' organizational, public speaking, and leadership skills. The annual fall undergraduate seminar has consistently offered undergraduate officers and graduate organization leaders of st. Anthony hall the leadership training they need to keep their chapters thriving in an increasingly challenging social climate.

Operating model

Revenue model
Investment-supported. 77% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 89
  • Accountability: 64
  • Sustainability: 62
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.6%; rating input score 87
  • Program expense ratio: 27.2%; rating input score 27
  • Fundraising efficiency: $5.21 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • 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: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.3%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 12.98; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -1.5% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: 3.9% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 86.6% of revenue deployed · 27.2% of spending went to programs
  • Governance: 9 of 9 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $101K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2010 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Financial Efficiency: Program expense ratio scored 27/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 23/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.