A+ Charter Schools

Legal name: A Charter Schools Inc

Nonprofit profile at a glance

EIN
752791729
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Dallas, TX, US
Phone
214-275-1200
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$39,512,196
Expenses
$41,269,277
Assets
$62,802,717
Liabilities
$40,363,244

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • Theda Marie Green (President)
  • Charles Oliver (Vice President)

Highest reported compensation

  • Brenton White (SUPERINTENDENT/): $278,132 total reported compensation
  • MELODY DAVIS (Fine Arts Coord): $181,980 total reported compensation
  • LANCE PROTHRO (CFO): $165,071 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To develop students with integrity who are aware of their potential and able to obtain high goals through innovative educational programs.

What it reported doing in 2024

A+ charter schools, inc. Is home to the a+ academy charter school district, and the inspired vision academy charter school district. Each district houses an elementary school serving pk-6th grades, as well as a secondary school, serving grades 7-12.the schools were founded to provide different, quality educational choices for low-income, educationally underserved families in southeast dallas, set in a supportive, and safe environment. In establishing public, tuition-free charter schools, the families in these communities have been able to gain a significant amount of educational control they never had before, empowering them to demand more from their educational insitutions.a+ charter schools inc. Has also had an important impact on the economy in north Texas, currently employing over 500 people. They will continue to remain accountable to the community by hiring highly qualified teachers, administrators, and support staff, as well as with the ongoing expansion of innovative, college and career preparatory educational programs aimed at preparing students to be competitive forces in today's global economy.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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: 79
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90%; rating input score 90
  • Program expense ratio: 85.8%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: -4.4%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 1.52; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.64; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: 8.2% per year; rating input score 100; 62nd percentile among comparable filings
  • Revenue growth: 6.2% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 9.2% per year; rating input score 100; 61st percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 90% of revenue deployed · 85.8% of spending went to programs
  • Governance: 6 of 6 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $35.4M in reported program spending
  • Leadership: top reported pay $278K · 13 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $518K reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 18/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.