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Education : Scholarship and Financial Support

Mikeroweworks Foundation

America is profoundly disconnected. We're working to change that.

zero star

51.73

10960 Wilshire Boulevard, 5th Floor Los Angeles, CA 90024
tel: (310) 277-4657   Web Site
EIN: 26-4324338

CEO
Michael G. Rowe
CEO & CFO

  Score
(out of 100)
Rating
Overall Score & Rating 51.73 zero star
  Financial 94.01 four stars
  Accountability & Transparency 32.00 zero star
This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Mikeroweworks is on a mission to help close the skills gap by challenging the stigmas and stereotypes that discourage people from pursuing the millions of available jobs. We are redefining the definition of a good education and a good job, because our organization don't think a four-year degree is the best path for the most people. Mikeroweworks want people to understand the impact of skilled labor on their lives, and we are convinced that the solution has to start with a new appreciation for hard work.

Mikeroweworks is on a mission to help close the skills gap by challenging the stigmas and stereotypes that discourage people from pursuing the millions of available jobs. We are redefining the definition of a good education and a good job, because our organization don't think a four-year degree is the best path for the most people. Mikeroweworks want people to understand the impact of skilled labor on their lives, and we are convinced that the solution has to start with a new appreciation for hard work.

Impact Information

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This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

94.01

Accountability & Transparency

zero star

32.00

This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
79.9%
  Administrative Expenses 14.8%
  Fundraising Expenses 5.1%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 2.17
  Program Expenses Growth 5.5%
  Liabilities to Assets 0.1%
All data for Financial Performance Metrics calculations was provided by Mikeroweworks Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Mikeroweworks Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Mikeroweworks Foundation (CA) 51.73 zero star
Point Foundation (CA) 87.42 three stars
Seeds of Hope Charitable Trust (CO) 98.23 four stars
Futures in Education (NY) 86.19 three stars
North Carolina Agricultural Foundation (NC) 95.05 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,560,194
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,560,194
   Program Service Revenue $0
Total Primary Revenue $1,560,194
   Other Revenue $79,973
TOTAL REVENUE $1,640,167
   
EXPENSES  
   Program Expenses $783,564
   Administrative Expenses $157,072
   Fundraising Expenses $36,115
TOTAL FUNCTIONAL EXPENSES $976,751
   
Payments to Affiliates $0
Excess (or Deficit) for the year $663,416
   
Net Assets $2,185,228

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Ethic Scholarship Program $589,500 75.2%
Vocational Education Program $100,000 12.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 04/01/2020 51.73 zero star
2017-12 11/01/2019 51.81 zero star

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 26-4324338
Name in IRS Master File MIKEROWEWORKS FOUNDATION
NTEE Code T30
NTEE Classification Public Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 2009
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
None reported -- Michael G. Rowe CEO & CFO

Highly Rated

Charity Name & State Overall Score Overall Rating
Mikeroweworks Foundation (CA) 51.73 zero star
Jewish Tuition Organization (AZ) 85.34 three stars
Burger King McLamore Foundation (FL) 94.34 four stars
American Technion Society (NY) 86.64 three stars
Evans Scholars Foundation (IL) 90.98 four stars

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Charity Contact Info

Mikeroweworks Foundation
10960 Wilshire Boulevard, 5th Floor
Los Angeles, CA 90024
tel: (310) 277-4657
EIN: 26-4324338

Visit Web Site

CEO

Michael G. Rowe
CEO & CFO

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