US Eagle Foundation EIN 47-5655515

US Eagle Foundation FY2021 filing

EIN  47-5655515 Private foundation / grantmaker Albuquerque, NM
Form 990 (PDF)
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Size
$100K–1M
What they do
Improves lives and communities through dedicated service and support.
Leadership
Michael Moore · Treasurer
Money in and out
$366K revenue, $279K expenses
Bottom line
97% program efficiency

Improves lives and communities through dedicated service and support. For fiscal year 2021 it reported $366K in revenue, $279K in expenses, and $90K in net assets.Pt I

Grants paid & assets · FY2021
Total revenue
$366K
Pt VIII · Ln 12
Total expenses
$279K
Pt IX · Ln 25
Net assets
$90K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $88K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.01 Fundraising $0.01
Program efficiency
97%
of spending reaches programs
Operating runway
3.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$366K
FY2021
Expenses
$279K
FY2021
Total assets
$90K
FY2021
Total liabilities
$0
FY2021
Total revenue
$366K
Pt VIII · Ln 12
Total expenses
$279K
Pt IX · Ln 25
Net assets
$90K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$88K
Total assetsPt X · Ln 16$90K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $271K of program spending, described in the organization's own filed words · FY2021.
01

The foundation supports other non-profit organizations aligning with the foundation's mission to make things better for the people and communities us eagle serves by making monetary contributions.

$236Kprogram expense
02

Collective Spark

Having a roof overhead is life. It's stability. Stability that leads to healthier, happier lives, kids with better grades and so much more. The problem is, given everything we've all been through this past year, not everyone has that stability.

$26Kprogram expense
03

Enriched Teacher Grants

Us eagle believes that every student should have access to the resources they need to thrive in school. That's why the us eagle foundation has created the enriched classroom grant program to allow teachers to invest in items that enhance the classroom experience.

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CUS Eagle Foundation
EINHdr · item D47-5655515
Principal addressHdr · item CAlbuquerque, NM
WebsiteHdr · item Jwww.useagle.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNM
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFMay 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$355K · 97%
Other revenue$11K · 3%
Contributions & grants97%$355K
Other revenue3%$11K
Investment income$112
Total revenueLn 12$366K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.01 Fundraising $0.01
Program services97%$271K
Management & general1%$4K
Fundraising1%$4K
Total functional expensesLn 25$279K

Balance Sheet

Part X · end of year
CashLn 1$90K
Total assetsLn 16$90K
Total liabilitiesLn 26$0
Total net assetsLn 32$90K
Months of cash on handcomputed3.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $90K · Operating expenses/yr $279K
3.9 months
Where the money goes
Program services
Program services $271K · Total expenses $279K
97%
Management & General
Management & general $4K · Total expenses $279K
1%
Fundraising
Fundraising $4K · Total expenses $279K
1%
Cost to raise $1
Fundraising expense $4K · Solicited contributions $355K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $355K · Total revenue $366K
97%
Government reliance
Government grants — · Total revenue $366K
Earned-income share
Program service revenue $0 · Total revenue $366K
0%
Investment reliance
Investment income $112 · Total revenue $366K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $279K
0%
Growth & trend
Revenue growth (YoY)
This year $366K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $90K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $366K · Expenses $279K
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $90K
Net-asset ratio
Net assets $90K · Total assets $90K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $90K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael Moore · Reported title TREASURER · Highest reported compensation $0 · Total expenses $279K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $279K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 1%
Fundraising cost ratio 1%
Legal fee ratio 0%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 166 grants · $906K · 2021–2024
Nm Gas CoFY2024$20,000
Rio Grande Food ProjectNM · FY2024$14,718
A New Day INCFY2024$14,428
Veteran's Integration CenterFY2024$8,094
Paws & StripesFY2024$5,594
Explora Science CenterFY2024$5,000
Casa EsperanzaFY2024$4,836
Sante Fe Childrens MuseumFY2024$3,500
Greater CommunitiesNM · FY2024$3,500
Abq Sign Language AcademyFY2024$3,000
Kirtland First SergeantFY2024$2,500
Saranam LLCNM · FY2024$2,500
Sandia High SchoolFY2024$2,500
People Assisting HomelessFY2024$2,500
North Valley Academy INCID · FY2024$2,500
Kearny Elementary SchoolFY2024$2,500
Junior AchievementFY2024$2,500
See all 166 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$344K revenue · ⤓ 990 PDF
FY2023$419K revenue · ⤓ 990 PDF
FY2022$388K revenue · ⤓ 990 PDF
FY2021$366K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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