The Einstein Group Inc

Overview

Mission

To nurture students to be academically strong, as well as socially and emotionally resilient.

What it reported doing in 2024

At einstein charter schools, our commitment to academic excellence is unwavering. We strive to provide a high-quality education that prepares our students for success in college, careers, and life. Our rigorous academic programs, dedicated faculty, and supportive learning environment ensure that every student reaches their full potential.einstein charter school is an open-admission, tuition-free public charter school serving students from pre-kindergarten through 12th grade in the michoud community of new orleans east during the 2024-2025 school year. Serving a diverse student population of 1,384 students, we are committed to fostering an inclusive and equitable learning environment that values the unique backgrounds, experiences, and needs of all learners while promoting achievement, opportunity, and growth for every student.

Operating model

Revenue model
Grant-funded. 94% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
200913967
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Headquarters
New Orleans, LA, USA
Phone
5045030462
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Charter Schools
Affiliation
Christianity

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72%; rating input score 72
  • Program expense ratio: 72.3%; rating input score 72
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.5%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 81; 81st percentile among comparable filings
  • Officer compensation ratio: 4.2%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 5.4% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 10.8% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 14.9% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 72% of revenue deployed · 72.3% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $19.2M in reported program spending
  • Leadership: top reported pay $264K · 17 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $2.3M reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 15 annual filings from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Leadership & pay

17 people listed

Highest reported compensation

  • TARA JOHNSON (CEO): $263,626 total reported compensation
  • D'LACIE MONK (HIGHEST COMPENSATED EMPLOY): $131,642 total reported compensation
  • CHRISTOPHER MAYES (SCHOOL PRINCIPAL): $130,468 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.