The Kroussaw Foundation
Nonprofit profile at a glance
- EIN
- 841760918
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2022
- Location
- Washington, DC, USA
- Phone
- 2025063224
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $449,643
- Expenses
- $346,182
- Assets
- $135,366
- Liabilities
- $5,479
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- KILIL ROUSSAW (President & CEO)
Highest reported compensation
- KILIL ROUSSAW (President & CEO): $66,349 total reported compensation
- DR QUERIDA LUGO (COO): $31,098 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Social Advocacy
What it reported doing in 2024
Seasonal Programming
Operating model
- Revenue model
- Earned-program. 68% of the money available for current operations came from fees and other program revenue.
- 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
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 16
- Transparency & Controls: 82
- Accountability: 0
- Sustainability: 48
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.2%; rating input score 16
- Program expense ratio: 21%; rating input score 21
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 0 of 9 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 23%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 28.1%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 80.3% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 117% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 16.2% of revenue deployed · 21% of spending went to programs
- Governance: 0 of 3 board members independent · 0 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $73K in reported program spending
- Leadership: top reported pay $66K · 3 people listed
- Consistency: 28 of 29 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Financial Efficiency: Mission deployment rate scored 16/100.
- High — Financial Efficiency: Program expense ratio scored 21/100.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 8 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 12/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.