Student LendingWorks Inc
Nonprofit profile at a glance
- EIN
- 201887944
- IRS 990-EZ coverage
- 2011–2013
- Forms available
- Form 990 2010, Form 990-EZ 2013
- Location
- Cincinnati, OH, USA
- Phone
- 5139294777
- Rating confidence
- Limited
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- William L McNeese (President)
- Judith A Peppler start 713 (Director & President/CEO)
- Holly A Brinkman (Vice President/Asst Secretary)
People named in this filing
- Joseph P Tomain Esq (Chair of Board)
- Robert E Wildermuth (Secretary/Treasurer)
- Chad P Wick (Director)
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 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Student LendingWorks, Inc. was the state of Ohio's designated nonprofit provider of student loan products and was organized for the charitable and educational purposes of assisting individuals in obtaining an education in an economic fashion and expanding the availability of student loans. Student LendingWorks, Inc. mission is to help students and their families plan to pay for college by providing counseling and guidance about financial aid, educating students on scholarships, grants, work-student programs and borrowing options.
What it reported doing in 2013
Loan originations from inception were approximately $125 million. Student LendingWorks, Inc. has provided more than 16,000 students and their families with financial aid guidance, regardless of their eligibility for loans, in order to help them to make an informed decision regarding financing post-secondary education.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 41
- Sustainability: NotEnoughData
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 50%; rating input score 50; 0th percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: -75.9% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -100% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2011 to 2013
- Contacts: How to reach this organization
- Related organizations: 5 filed related-organization links
- 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 — Transparency & Controls: Series filing activity did not reconcile in the filed values.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.