T Howard Foundation

Nonprofit profile at a glance

EIN
541712500
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Silver Spring, MD, USA
Phone
3015886767
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Research Institutes and Public Policy Analysis

Reported finances

Revenue
$1,662,542
Expenses
$1,984,005
Assets
$1,418,955
Liabilities
$322,767

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

Leadership & pay

30 people listed

Executive titles in this filing

  • JOSEPHINE PAMPHILE (PRESIDENT & CEO)

Highest reported compensation

  • JOSEPHINE PAMPHILE (PRESIDENT & CEO): $268,077 total reported compensation
  • SARAH GIANNAKOPOULOS (VP, OPERATIONS & DEVELOPMENT): $184,051 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the t. Howard foundation is to open doors and expand pathways to build the next generation of leaders in media, entertainment, and technology. We provide opportunities, open doors, break barriers, and build leaders. The t. Howard foundation fuels excellence and innovation in media, entertainment, and technology by giving all talented individuals the access, skills, and connections to lead these industries. Join us in shaping the futurebecause the next hit show, groundbreaking tech, or game-changing leader could come from anywhere. And we're here to make sure they do.

What it reported doing in 2024

Comprehensive programs for underrepresented and underserved college students. Including: a summer internship program designed to prepare students from underrepresented groups and underserved communities for entry-level employment in the media and entertainment industries through hands-on, paid internships where they develop tangible and marketable skills; a talent program that supports young professionals and recent college graduates to help ensure that they are better prepared and qualified for employment, training, and advancement opportunities; and a program that assists partner companies in their efforts to attract, identify, and secure the best talent for their full-time hiring needs.

Operating model

Revenue model
Donor-supported. 75% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 96% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 79
  • Accountability: 80
  • Sustainability: 19
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.9%; rating input score 60
  • Program expense ratio: 48.8%; rating input score 49
  • Fundraising efficiency: $86.14 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96.6%; rating input score 97; 26th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -19.3%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.72; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 22.8%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: -0% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 34th percentile among comparable filings

Details

  • Where the money goes: 59.9% of revenue deployed · 48.8% of spending went to programs
  • Governance: 28 of 29 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $967K in reported program spending
  • Leadership: top reported pay $268K · 30 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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: Program expense ratio scored 49/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.