The Bennett Foundation

Nonprofit profile at a glance

EIN
471295315
IRS 990 coverage
2019–2019
Forms available
Form 990 2019
Location
Waipahu, HI, USA
Phone
8082282375
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health Support Services

Official website

Reported finances

Revenue
$330,947
Expenses
$325,176
Assets
$43,535
Liabilities
$17,472

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Michael Bennett (President)
  • Pele Bennett (Vice-President/Executive Director)

Highest reported compensation

  • Kevin Chang (Director of Operations and Programs): $33,590 total reported compensation
  • Elix Villafuerte (Director of Finance): $21,461 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Bennett Foundation's mission is to improve the health and well-being of children and their families.

What it reported doing in 2019

During the 2019-2020 school year we worked with HCAP Head Start classrooms, Chaminade University Lab School, Seagull Schools Ko Olina providing direct intervention for Teachers, Assistants, Family advocates (Head Start), and Administrators. Indirectly, we served families and students. We delivered professional development and coaching/mentoring for classroom curriculum and activity integration and family engagement, as well as resource referrals and connections. This included conducting monthly mini-workshops, networking, one on one follow up in the classroom w/ teaching staff, curriculum/activity planning, family engagement assistance to relate to classroom activities, and operation of Produce to Preschools mobile on-site market. Over the course of the year we served 24 HCAP Head Start classrooms at 22 different schools; directly reaching 60 teachers/administrators/family advocates each month, 480 students, and over 1,000 family members. Family engagement attendance increased at the end of the year to 85-100% at all of the sites we worked with. Beginning of the year attendance was only at 10-20%.

Operating model

Revenue model
Donor-supported. 100% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 92
  • Accountability: 56
  • Sustainability: 29
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.1%; rating input score 74
  • Program expense ratio: 75.4%; rating input score 75
  • Fundraising efficiency: $72.55 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 60%; rating input score 60; 15th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 1.7%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.4; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 16.9%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 74.1% of revenue deployed · 75.4% of spending went to programs
  • Governance: 3 of 5 board members independent · 4 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $245K in reported program spending
  • Leadership: top reported pay $34K · 5 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.