The Hyde Foundation
Nonprofit profile at a glance
- EIN
- 223026440
- IRS 990-EZ coverage
- 2020–2021
- Forms available
- Form 990 2019, Form 990-EZ 2021
- Location
- Bath, ME, USA
- Phone
- 2074435584
- Rating
- 33
- Verdict
- REVIEW
- Rating confidence
- Limited
- Sector
- Private Independent Foundations
Reported finances
- Revenue
- $135,000
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Malcolm Gauld (Executive Director)
- Laura Gauld (Head of School, President)
People named in this filing
- Cecil Simpson (Chair)
- Lennox K Black (Director)
- Joseph Gauld (Founder)
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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the Hyde Foundation is to establish a better way to prepare American youth for life by introducing and then developing the Hyde character development program in schools, families, and communities nation-wide.
What it reported doing in 2021
Hyde Foundation partners with public charter schools to provide a variety of programs and support related to leadership and character education. Hyde Foundation staff provides training to new and current faculty members, coaches headmaster in leadership and management and visits the schools periodically to observe the classroom and provide coaching. In addition Hyde Foundation delivers training and materials to integrate character development into the school curriculum and classroom practices. Hyde Foundation has provided support during start-up phase of new charter schools wanting use the Hyde name and integrate character education in the curriculum.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: NotEnoughData
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: -8% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: -16.2% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2020 to 2021
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.