Student Assistance Services Foundation Inc

Nonprofit profile at a glance

EIN
133410019
IRS 990-EZ coverage
2012–2024
Forms available
Form 990 2011, Form 990-EZ 2024
Location
Tarrytown, NY, USA
Phone
9143321300
Rating
41
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$14,445
Expenses
$29,429
Assets
$143,589
Liabilities
$2,500

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

Leadership & pay

6 people listed

Executive titles in this filing

  • ROSEANNE NEEDLEMAN (PRESIDENT)
  • ELLEN R MOREHOUSE (EXECUTIVE DIRECTOR)

People named in this filing

  • ROSEANNE NEEDLEMAN (PRESIDENT)
  • PETER KAPLAN (TREASURER)
  • SANDER B ROSS ESQ (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide financial assistance and aid for the benefit of and in connection with the work of student assistance services corporation, a New York charitable corporation, and to solicit and administer funds, grants-in-aid and donations received from governmental agencies, and other sources on behalf of student assistance services corporation, and to provide similar assistance and aid to qualified charitable organizations connected with the prevention of alcohol and drug abuse.

What it reported doing in 2024

The organization awards grants to other charities connected with the prevention of alcohol and drug abuse, as well as uses speakers to discuss how to prevent alcohol and drug abuse.

Operating model

Revenue model
Earned-program. 82% of the money available for current operations came from fees and other program revenue.
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. 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: 10
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 12.3%; rating input score 12
  • Program expense ratio: 6.8%; rating input score 7

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -103.7%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 4.88; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -13.1% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -1.1% per year; rating input score 0; 47th percentile among comparable filings
  • Asset growth: 0.8% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 12.3% of revenue deployed · 6.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • 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: Mission deployment rate scored 12/100.
  • High — Financial Efficiency: Program expense ratio scored 7/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.