Troy Foundation for Educational
Nonprofit profile at a glance
- EIN
- 382868205
- IRS 990-PF coverage
- 2019–2024
- Forms available
- Form 990-PF 2024
- Location
- Troy, MI, USA
- Phone
- 2488234000
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Standard
Reported finances
- Revenue
- $122,324
- Expenses
- $51,114
Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.
Overview
Mission
Troy Foundation for Educational is a nonprofit. Location: Troy, MI. EIN 382868205. Tax year 2024 Form 990-PF reports $122K revenue and $51.1K expenses.
What it reported funding in 2024
The foundation reported 3 grants totaling $8,500. The stated grant purposes included teacher grant, scholarships, and author grant.
Operating model
- Revenue model
- Mixed. The foundation's positive operating resources came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
- Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.
The verdict
MIXED - The filing identifies who received its grants and the filing clearly reports transactions involving insiders. A relatively small share of available resources goes to charitable grants and a relatively small share of spending goes to grants.
Rating breakdown
- Grant Deployment: 19
- Cost Efficiency: 17
- Transparency: 100
- Compliance: 94
- Endowment Health: 97
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 19%; rating input score 19; 4th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 16.6%; rating input score 17; 10th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Pass
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 8; rating input score 89
Endowment Health
- Endowment-health comparison: 100.7; rating input score 97; 97th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: 19% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 97th percentile for endowment coverage
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 4 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 — Grant Deployment: Grant deployment ratio scored 19/100.
- High — Cost Efficiency: Grant expense ratio scored 17/100.
- Moderate — Transparency & Controls: Balance sheet boy total did not reconcile in the filed values.