Adler Graduate School
Nonprofit profile at a glance
- EIN
- 410970173
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Minnetonka, MN, USA
- Phone
- 6128617554
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $4,720,560
- Expenses
- $3,987,731
- Assets
- $7,928,310
- Liabilities
- $2,460,602
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- SOLANGE RIBEIRO (PRESIDENT)
- NICOLE RANDICK (VICE PRESIDENT OF ACADEMIC AFFAIRS)
Highest reported compensation
- SOLANGE RIBEIRO (PRESIDENT): $189,994 total reported compensation
- RASHIDA FISHER (DEAN): $130,137 total reported compensation
- NICOLE RANDICK (VICE PRESIDENT OF ACADEMIC AFFAIRS): $122,654 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Preparing exemplary mental health professionals with a strong adlerian foundation to foster encouragement, collaboration, and a sense of belonging to the individuals, families, and culturally diverse communities they serve.
What it reported doing in 2024
During the 2024-25 academic year, adler graduate school had an average of 259 enrolled students. These students were seeking a master's degree or post-masters certification in counseling. During the 2024-25 academic year, 62 students earned master's degrees and 23 students received post-masters certificates.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 97% 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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.4%; rating input score 55
- Program expense ratio: 67.4%; rating input score 67
- Fundraising efficiency: $7.52 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- 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: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: 15.5%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 1.99; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 11.1%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 1.4% per year; rating input score 100; 19th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 0.2% per year; rating input score 100; 13th percentile among comparable filings
Details
- Where the money goes: 55.4% of revenue deployed · 67.4% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.7M in reported program spending
- Leadership: top reported pay $190K · 10 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $204K reported
- Consistency: 33 of 33 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- High — Financial Efficiency: Fundraising efficiency scored 28/100.
- High — Sustainability: Officer compensation ratio scored 27/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.