Ad Prima Charter School

Nonprofit profile at a glance

EIN
223889882
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Philadelphia, PA, USA
Phone
2158830638
Rating
82
Verdict
STRONG
Rating confidence
Standard
Sector
Charter Schools

Official website

Reported finances

Revenue
$11,675,852
Expenses
$12,458,775
Assets
$8,163,102
Liabilities
$6,332,309

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

Leadership & pay

11 people listed

Executive titles in this filing

  • DEBORAH SMITHEY (PRESIDENT)
  • NIYA BLACKWELL (CEO)

Highest reported compensation

  • NIYA BLACKWELL (CEO): $338,580 total reported compensation
  • JAMAL ELLIOTT (SITE DIRECTOR): $202,185 total reported compensation
  • DAVID BROWN (PRINCIPAL (THRU MARCH 2025)): $192,086 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 mission of the ad prima charter school is to educate the entire child by providing programs to children that will enable them to become exemplary citizens distinguishable by their excellence in academic performance, social mores worthy of emulation, contagious positive attitude, noticeable high self-esteem, inclination to peaceful conflict resolution, effective communication skills, and commitment to community, brotherhood, and leadership by good example.

What it reported doing in 2024

Ad prima charter school provides basic public education for over 400 children, grades kindergarten through eighth grade.

Operating model

Revenue model
Earned-program. 89% of the money available for current operations came from fees and other program revenue.
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

STRONG - 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: 82
  • Transparency & Controls: 78
  • Accountability: 100
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85%; rating input score 85
  • Program expense ratio: 80.4%; rating input score 80
  • Fundraising efficiency: $33.9 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • 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: Yes; rating input score 100

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: -6.7%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.66; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.78; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 8.4%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 5% per year; rating input score 100; 42nd percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 7.8% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 85% of revenue deployed · 80.4% of spending went to programs
  • Governance: 6 of 6 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $10M in reported program spending
  • Leadership: top reported pay $339K · 11 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $319K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes executive pay
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 14/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.