The Scarlet Sock Foundation Inc
Nonprofit profile at a glance
- EIN
- 824790773
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Northampton, MA, USA
- Phone
- 4133201139
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $31,220
- Expenses
- $31,238
- Assets
- $17,147
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MARGARET RUSSO (PRESIDENT)
People named in this filing
- EMILY DITKOVSKI (DIRECTOR)
- NADIA INDYK-ZAPKA (DIRECTOR)
- MARGARET RUSSO (PRESIDENT)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To share laura's love for theater and compassion for all people by supporting local social justice theater projects for children and young adults
What it reported doing in 2025
The purpose of the scarlet sock foundation is to engage in fundraising efforts to provide grants to existing social justice theatre programs, provide scholarships to individuals who wish to participate in existing theatre programs which require tuition, and develop social justice programming in areas where there are no existing opportunities.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 82
- Sustainability: 44
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.4%; rating input score 97
- Program expense ratio: 97.3%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -0.1%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.55; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 32.5% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 6.7% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: -6.1% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 97.4% of revenue deployed · 97.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $30K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2019 to 2025
- Contacts: How to reach this organization
- 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.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.