Ted Carleton Education Foundation Inc
Nonprofit profile at a glance
- EIN
- 061662002
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- Atlanta, GA, USA
- Phone
- 7704580093
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $8,998
- Expenses
- $3,137
- Assets
- $201,222
- Liabilities
- $64,106
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- JOHN BARBOUR (CEO)
- JIMBO FLOYD (President)
- WENDI HAMBY (Immediate Past President)
- JARRETT BRIDGES (President-Elect)
- ROBBIE MOORE (Vice President)
People named in this filing
- JOHN BARBOUR (CEO)
- JIMBO FLOYD (President)
- MICHAEL MELLARS (National 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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote high ethical standards within the insurance industry and to educate the public about the insurance industry.
What it reported doing in 2024
The provision of educational products and services to persons in the insurance industry and to the general public in order to promote high professional standards in the insurance industry and to improve the general public understanding of the insurance industry.
Operating model
- Revenue model
- Donor-supported. 93% 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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 82
- Sustainability: 82
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 34.7%; rating input score 35
- Program expense ratio: 95.6%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 65.1%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 64.14; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 4% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 34.7% of revenue deployed · 95.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $3K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- 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: Mission deployment rate scored 35/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.