Xposure Foundation Inc
Nonprofit profile at a glance
- EIN
- 260160228
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- South Richmond Hill, NY, USA
- Phone
- 3474186534
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $1,691,400
- Expenses
- $2,113,909
- Assets
- $183,851
- Liabilities
- $1,366,985
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- RAYMOND L THOMAS Jr (EXECUTIVE DIRECTOR)
Highest reported compensation
- RAYMOND L THOMAS Jr (EXECUTIVE DIRECTOR): $105,722 total reported compensation
- JANEA POWELL (PROGRAM DIRECTOR): $79,884 total reported compensation
- MARCELLE LASHLEY - KABORE (CHIEF OPERATING OFFICER): $52,892 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Multi time NY EMMY award winning Xposures mission is to expose children, youth, and families in underserved communities, to the worlds of science, technology, finance, work ethics, nutriton and community service while helping to build stronger parent/child partnerships.
What it reported doing in 2024
Xposure foundation inc. Operates educational fee-based and dycd-funded after school programs, community school services, and child-care centers across nyc and westchester. As the lead cbo for the community schools program at the school by the sea (ps/ms 43q) in far rockaway, we provide academic support, sel, family engagement, and connections to vital community resources. In our afterschool and dycd middle school programs, students learn financial literacy, drones, robotics, filmmaking, music production, radio/tv, leadership, and communication skills through hands-on, project-based learning. We are also expanding early childhood services through our colorful beginnings center-based daycare, a major new 10,000 sq ft program located on the ground floor of a 224-unit mixed-use residential building in farrockaway, serving childern ages 0-12. In 2024, xposure earned two new emmy awards for colorful beginnings volume 3 and chopped cheese deli days, dollar slice city nights, bringing us to five emmy awards and seventeen nominations. Our family-friendly educational content streams on our proprietary platform watchclubxtv.com, alongside learning tools such as funfinance.com, 3dprintanddrones.com, earnwhileyoulearn.nyc and dearbully.org.
Operating model
- Revenue model
- Grant-funded. 95% of the money available for current operations came from government grants.
- 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
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 90
- Accountability: 84
- Sustainability: 8
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.4%; rating input score 97
- Program expense ratio: 77.9%; rating input score 78
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 22nd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -25%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 7.44; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 12%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 6.2% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 97.4% of revenue deployed · 77.9% of spending went to programs
- Governance: 8 of 9 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $106K · 12 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 4 filed schedules
- Filing history: 9 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 7 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 7/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.