The For All Kids Foundation
Nonprofit profile at a glance
- EIN
- 223496398
- IRS 990 coverage
- 2010–2010
- Forms available
- Form 990 2010
- Location
- New York, NY, USA
- Phone
- 2127037409
- Rating confidence
- Limited
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $-296,914
- Expenses
- $1,317,554
- Assets
- $1,298,312
- Liabilities
- $103,067
Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
6 people listed
Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The For All Kids Foundation (the "Foundation"), incorporated in New York in 1997, is a not-for-profit organization established to provide financial support to other not-for-profit organizations that serve economically disadvantaged and at-risk children and their families throughout the United States. Awards focus on child care, good health and well-being, literacy, after-school services, early-childhood education, and other center-based child-care programs serving low-income, urban areas. On October 1, 2010, the Board of Directors approved a plan to discontinue the operations of the Foundation and to implement the process of complete liquidation. As a result of this plan of complete liquidation, the Foundation's activities are now limited to (i) distributing its assets to qualified not-for-profit organizations and selling, or otherwise realizing, the value of any remaining assets; (ii) preparing and submitting all applicable state and federal tax/compliance filings; (iii) completing th
What it reported doing in 2010
Grants are provided by the for all kids foundation to nonprofit organizations that provide direct services to underserved children and their families in the form of center-based child care programs, after school programs, literacy programs, and health and well being programs.
Operating model
- Revenue model
- Donor-supported. 80% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 21
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -543.7%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.99; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 5 of 5 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 8 filed schedules · includes major donors and grants
- Money network: 2 filed money-flow records
- Related organizations: 6 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 6/100.
- High — Sustainability: Total-asset coverage ratio scored 26/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.