Tuitionpledge
Nonprofit profile at a glance
- EIN
- 850797825
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Tempe, AZ, USA
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $155,675
- Expenses
- $153,017
- Assets
- $13,840
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- RAJESH SAGGI (TRUSTEE)
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 corporation is organized and shall be operated exclusively for charitable, educational, scientific, and literaiy purposes within the meaning of 1.r.c. S01(c)(3). These purposes shall include, but are not limited to, matching mentors with mentees who will help sponsor their education and guide their professional development. The corporation may carry out its purposes directly or by making gifts, grants or other payments to qualified orgaointions. In these articles, the term "i.r.cn. Means the internal revenue code and references to provisions thereof are to suchprovisions as they are from time to time amended and to corresponding provisions of any future united states internal revenue law.
What it reported doing in 2024
Purposes shall include, but are not limited to, matching mentors with mentees who will help sponsor their education and guide their professional development. The corporation may carry out its purposes directly or by making gifts, grants or other payments to qualified orgaointions.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 82
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.4%; rating input score 63
- Program expense ratio: 64.5%; rating input score 65
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1.7%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 86.9% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 59.3% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 83% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 63.4% of revenue deployed · 64.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $99K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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 39/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.