The 1915 Society Inc

Nonprofit profile at a glance

EIN
461315378
IRS 990-EZ coverage
2013–2019
Forms available
Form 990-EZ 2019
Location
New York, NY, USA
Phone
9193896162
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Nonmonetary Support N.E.C.

Reported finances

Revenue
$72,658
Expenses
$24,980
Assets
$211,168

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • JOSEPH SIMONE (PRESIDENT)

People named in this filing

  • JOSEPH SIMONE (PRESIDENT)
  • STAN SAGNER (SECRETARY)
  • ROGER LEHECKA (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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support, promote, sponsor and pursue the following educational, civic, and charitable activities, which are central to furthering the mission of the trustees of columbia university in the city of New York. Facilitation of communication within a diverse body of columbia universityalumni through regular events and corrspondence; promotion of alumnus-student relationships; establishment of a regular forum for alumni and students to discuss and debate university policies, news, and other issues of concern to university stakeholders; enrichment of outstanding columbia university fourth-year undergraduates through mentoring activities and programs, improvement of the columbia university undergraduate schools through activities, programs, and other projects that enhance the physical, social, and academic environment of the university.

What it reported doing in 2019

As part of the mission to be responsive to the supported organization, a question and answer dinner was held for alumni and udergraduates to listen to a columbia uiversity committee chairman share insights on psat examples of the university's long term strategic planning, time was also alloted for current students and recent alumni to share their perspectievs on the university's prime needs and to brainstorm possible solutions. Before and after the presentation, alumni and students had opportunities to network during two hour-long sessions.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 37.1%; rating input score 37
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 65.6%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 8.45; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 11.3% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 16% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 41.3% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 37.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $25K in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2013 to 2019
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.