St Roses Alumni Association USA Inc
Nonprofit profile at a glance
- EIN
- 113244743
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2021
- Location
- Brooklyn, NY, USA
- Phone
- 9177276737
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Alumni Associations
Reported finances
- Revenue
- $64,277
- Expenses
- $77,329
- Assets
- $33,292
- Liabilities
- $4,400
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Naline Persaud-McMillan (President)
People named in this filing
- Naline Persaud-McMillan (President)
- Lorraine Croft-Farnell (Secretary)
- Lorez Frank-Henry (Assistant 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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the quality of education and environment of St. Rose's High School. To establish a community among past students of St. Rose's High School. To raise funds so as to meet the needs of present students, faculty, and staff of St. Rose's. To support the events of NY Guyanese High School Alumni organizations, associations, and clubs.
What it reported doing in 2024
The Scholarship Program which provides monetary grants to students who excel at the Caribbean Secondary School Examination (CSEC) and Caribbean Advanced Proficiency Examination (CAPE). This program was funded from the proceeds of the association's fund raising activities.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 38
- Transparency & Controls: 63
- Accountability: 76
- Sustainability: 32
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43.1%; rating input score 43
- Program expense ratio: 35.8%; rating input score 36
- Fundraising efficiency: $1.88 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Pass
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 50%; rating input score 50; 45th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -20.3%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 20.1% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: -22.4% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 43.1% of revenue deployed · 35.8% of spending went to programs
- Governance: 6 of 6 board members independent · 3 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $28K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 43 of 44 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes foreign activity
- 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 43/100.
- Moderate — Financial Efficiency: Program expense ratio scored 36/100.
- High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- Review — Transparency & Controls: Grant itemization coverage scored 50/100.
- High — Financial Efficiency: Fundraising efficiency scored 21/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 40/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.