Zamorano Fine Arts Academy Educational Foundation
Nonprofit profile at a glance
- EIN
- 330787896
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024
- Location
- San Diego, CA, USA
- Phone
- 6192678007
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $72,163
- Expenses
- $112,646
- Assets
- $68,184
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- NANETTE MOLINA (President)
- MICHELLE BROWN (Vice President)
People named in this filing
- YEN TRIEU-CORPUS (Director)
- ASHLEY FLORES (Director)
- ROSANNA DE LA CRUZ (Treasurer)
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
PROMOTETogether we promote the education and well-being of all children at home, in school, and in the community.PROVIDETogether we provide a forum for discussion and foster communication between parents, administators, educators and the community.ENHANCETogether we enhance the educational facilities and programs for the students of Zamorano Fine Arts Academy that is not otherwise provided for in the school budgets.SPONSORTogether we sponsor projects and events for the benefit of Zamorano Fine Arts Academy students.RAISETogether we raise funds as required, providing for all the above objectives.
What it reported doing in 2024
Art supply privisions to support school needs.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 72% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 82
- Sustainability: 22
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.8%; rating input score 93
- Program expense ratio: 59.4%; rating input score 59
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -56.1%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.61; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 9% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 51st percentile among comparable filings
- Asset growth: -8.3% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 92.8% of revenue deployed · 59.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $67K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2017 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.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- High — Sustainability: Operating margin scored 12/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.