Warren Miller Freedom Foundation

Nonprofit profile at a glance

EIN
611597736
IRS 990-EZ coverage
2010–2015
Forms available
Form 990-EZ 2015
Location
Deer Harbor, WA, USA
Phone
8009734033
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$34,586
Expenses
$1,923
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • LAURIE MLLER (PRESIDENT)
  • summer clark (executive director)

People named in this filing

  • LAURIE MLLER (PRESIDENT)
  • COLIN KAUFMANN (director)
  • summer clark (executive director)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Warren Miller Freedom Foundation is to educate aspiring youth and adults in the fundamental principles of entrepreneurship by sharing the skills necessary to become successful, ethical members of the business community. The Foundation serves to provide education and resources that will enable new entrepreneurs to conceive, plan, and form businesses of their own. Its plan is to target various markets, empowering mentors to invest in their communities by teaching our students the value of owning and operating their own business ventures with integrity, self-respect, and confidence. Participation in the development and operations of a business of their own choosing demystifies the subject for students. They leave the program with confidence, information, and life-skills that inspire future creativity and business ventures.

What it reported doing in 2015

The Entrepreneur Program offers one ten-week curriculum for students in grades 6-12 as well as a second ten-week program for adults. The program is aimed at giving program participants the opportunity to learn how to start their own businesses. Participants learn about business plans, marketing, networking, goal setting, finances, cash flow, supply & demand, contracts, employee relations and customer service. In addition, the adult program's curriculum also focuses on more advanced topics such as research and business analysis, personal budget and net worth record keeping, how to obtain permits & licenses, and future business expansion.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up. 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: 0
  • Transparency & Controls: 100
  • Sustainability: 54
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 94.4%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -23% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: -16.4% per year; rating input score 0; 21st percentile among comparable filings
  • Asset growth: -21.3% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 6 filing years from 2010 to 2015
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.