Education
(B122)
IRS Verified
DX Registered
990 on File
METHACTON EDUCATION FOUNDATION
Financial strength (30%)
74/100
Reliability (20%)
50/100
Effectiveness (25%)
71/100
Impact (25%)
70/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Our Vision: To inspire excellence and innovation in the Methacton School District. Our Mission: To provide supplemental funding for innovative educational programs and initiatives to enrich student learning. The Methacton Education Foundation, organized in 2009, is an independent, 501(c)(3) nonprofit based upon the philosophy that public education can be endowed through a broad-based system of community support, thus providing another avenue for enhancing and augmenting educational opportunities in the Methacton School District.
Financial Overview — FY 2023
$388K
Total Revenue
$373K
Total Expenses
$656K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
75.6%
Fundraising Efficiency
134.9%
Operating Reserve
21.13x
Liability-to-Asset
0.0%
Revenue Diversification
99.9%
Executive Compensation
$75K
Compared with Peers
FY 2023
Compared with 21,283 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
75.6% | 88.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.8% | 8.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
134.9% | 1.9% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
21.1 mo | 9.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.9% | 90.2% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
2.2% | 8.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
107.1% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
3.9% | 2.3% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Improve eductaion | 4,800 | $65.00 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $388K | $373K | $656K | 75.6% | 1 |
| 2022 | $379K | $180K | $641K | 69.9% | 1 |
| 2021 | $519K | $400K | N/A | — | 2 |
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