Transylvania County Schools Educational Foundation Inc
Nonprofit profile at a glance
- EIN
- 561646825
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Brevard, NC, USA
- Phone
- 7032683819
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $100,012
- Expenses
- $88,348
- Assets
- $472,159
- Liabilities
- $1,699
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- FRANCES BRADBURN (PRESIDENT)
People named in this filing
- FRANCES BRADBURN (PRESIDENT)
- JENNIFER HEATHERLY (VICE PRESIDE)
- KATHY BAILEY (SECRETARY)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's mission is to provide financial support as a supplement to the transylvania county school system for purposes of preserving, maintaining and enriching education in transylvania county.
What it reported doing in 2024
The organization has various programs, all of which provide financial support to the students and teachers of the transylvania county school system for purposes of preserving, maintaining and enriching education in the county.
Operating model
- Revenue model
- Donor-supported. 79% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Sustainability: 65
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.4%; rating input score 81
- Program expense ratio: 88.6%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.7%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 5.34; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 5.7%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 16.4% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: -18.9% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: 1% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 81.4% of revenue deployed · 88.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $78K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- 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.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 47/100.