Academia Antonia Alonso Charter School

Nonprofit profile at a glance

EIN
460667836
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Newark, DE, USA
Phone
3023518200
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Charter Schools

Official website

Reported finances

Revenue
$18,515,520
Expenses
$19,069,408
Assets
$52,465,533
Liabilities
$61,600,160

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

Leadership & pay

10 people listed

Executive titles in this filing

  • MARIA ALONSO (PRESIDENT)
  • SCOTT SHERIDAN (VICE PRESIDENT/SECRETARY)
  • MERCEDES ALONSO (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MERCEDES ALONSO (EXECUTIVE DIRECTOR): $252,644 total reported compensation
  • CARIDAD ALONSO (DIRECTOR OF INSTRUCTIONAL SUPPORT): $175,890 total reported compensation
  • LORIMAR RAMIREZ (TEACHER REPRESENTATIVE): $147,352 total reported compensation

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

Overview

Mission

The organization's mission is to inspire children in grades k-5th to become joyful, confident, creative, bilingual learners, helping them develop a strong biliterate academic and cultural foundation with sense of community and global awareness.

What it reported doing in 2024

Public elementary school academia antonia alonso opened in august 2014 with two grade levels, kindergarten and 1st grade. The school has since grown to a kidergarten through 5th grade with more than 600 students enrolled.

Operating model

Revenue model
Grant-funded. 65% 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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 66
  • Accountability: 100
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.5%; rating input score 82
  • Program expense ratio: 78.9%; rating input score 79
  • 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: Limited
  • 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: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 2.75; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 1.17; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 3%; rating input score 68; 68th percentile among comparable filings

Growth

  • Program expense growth: 15.8% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 17.4% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 28.9% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 81.5% of revenue deployed · 78.9% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $15M in reported program spending
  • Leadership: top reported pay $253K · 10 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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 21/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.