Svenska Skolforeningen I Orange County
Nonprofit profile at a glance
- EIN
- 330819869
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024
- Location
- Lake Forest, CA, USA
- Phone
- 6574640923
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $47,297
- Expenses
- $44,067
- Assets
- $111,102
- Liabilities
- $3,769
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Peter Stridh (President)
- Daniella LaJoie (Vice President)
People named in this filing
- Peter Stridh (President)
- Daniella LaJoie (Vice President)
- Sara Korvi (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
Swedish School of O.C provides complementary education in Swedish for children age 0-20. The mission is to maintain the Swedish language, Swedish culture and our Swedish traditions. The school is suppose to be a pillar of support for the parents striving to maintain and develop the child's knowledge of the Swedish language. We also provide Swedish language classes for English speaking adults that have an interest in learning the Swedish language.
What it reported doing in 2024
We provide Swedish education for Swedish speaking children from age 0-20. We have a pre-school program from 0-5 years of age and after school programs for Kindergarten and up. All lessons are about two hours per week. We also have Swedish language classes for English speaking adults for beginner, intermediate or advanced level. We also provide a network for Swedish citizens and their families where you can celebrate Easter, Midsummer, Lucia or Christmas. We have about 42 children in our pre-school program and 45 children in our after school program. We have about 8 adults in our Swedish Language classes for beginners. We have been an organization for 18 years and a non profit since April 2000.
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
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 52
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.8%; rating input score 93
- Program expense ratio: 99.6%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.8%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 2.52; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 4.1%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -0.9% per year; rating input score 0; 45th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: -2% per year; rating input score 0; 32nd percentile among comparable filings
Details
- Where the money goes: 92.8% of revenue deployed · 99.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $44K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.