Education (B94) IRS Verified DX Registered 990 on File

MATES COMMUNITY NETWORK

EIN: 45-5538529 · THOUSAND OAKS, CA 91362-2016 · United States · FY 2024 Data

3 out of 5 54 / 100 Based on 2+ years of filings

Financial strength (30%) 82/100

Reliability (20%) 50/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

This is the Meadows Arts and Technology Elementary School's annual fundraising dinner and auction event and includes both silent and live auction. 100% of the proceeds are donated back to the school and used for technology upgrades, infrastructure needs, and special programs such as art at lunch, running club, music, etc. This year our goal is to fund the new science laboratory that is being built on site for the students.

Financial Overview — FY 2024

$213K

Total Revenue

$216K

Total Expenses

$23K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 76.3%

Fundraising Efficiency 0.0%

Operating Reserve 1.28x

Liability-to-Asset 0.0%

Revenue Diversification 95.9%

Compared with Peers

FY 2024

Compared with 16,011 similar organizations (United States, Education, $100K–$1M in expenses), FY 2024.

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	76.3%	89.3%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	0.0%	8.2%	P10P90	Top quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.0%	P10P90	Top quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	0.0%	2.3%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	1.3 mo	9.3 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.3%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	95.9%	89.4%	P10P90	Below median
Revenue growth Year over year revenue growth	-6.0%	8.4%	P10P90
Expense growth Year over year expense growth	-7.1%	9.1%	P10P90
Surplus margin Surplus as a share of revenue	-1.3%	2.8%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %
2024	$213K	$216K	$23K	76.3%
2023	$227K	$232K	$26K	76.8%
2022	$227K	$232K	$26K	76.8%

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Organization Details

EIN: 45-5538529
State: CA
City: THOUSAND OAKS
ZIP: 91362-2016
Classification: B94
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2009
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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