AdmissionSquad Inc
Nonprofit profile at a glance
- EIN
- 474519497
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Brooklyn, NY, USA
- Phone
- 3473138378
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $158,495
- Expenses
- $227,876
- Assets
- $162,169
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- TAIESHA ABRAMS (President & CEO)
People named in this filing
- TAIESHA ABRAMS (President & CEO)
- DENISE COLVERT (Secretary)
- ALAN CARR (Officer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization is a nonprofit organization on a mission to get talented middle schoolers from underrepresented backgrounds into the top 10% of New York city public high schools through test prep, application advisement and mentorship from graduates of top schools and highly sought-after career paths. Founded and directed by tai abrams, a graduate of bronx science and duke university, the organization aims to close the information gap for parents and close the content readiness gap for students. The organization believes that early awareness and preparation can dramatically change the admissions outcome for promising students in the high school application process.
What it reported doing in 2024
Shsat summer and fall boot camp: admissionsquad has maintained an 80% success rate of placing talented, underserved students into New York citys most highly sought-after high schools. Out of 10 black students who placed into stuyvesant high school, two of those students came from admissionsquad. Our students typically attend the following high schools: stuyvesant high school, bronx science, brooklyn technical high school, bard early college high school, leon m goldstein, beacon high school and midwoods screened high school programs. Our students are well prepared for the rigor of attending a top nyc high school.admissionsquad hosted high school admissions workshops both in-person and virtual for almost 1,000 families to help close the information gap for families in school districts that have a low population of students matriculating into selective nyc high schools. These workshops helped to spread awareness to high-need areas and helped to identify students with the academic potential to place into an elite high school. Admissionsquad offered virtual programming to reach qualifying middle school students in all five boroughs, which has helped to expand the organizations reach.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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: 93
- Transparency & Controls: 100
- Sustainability: 16
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 81.4%; rating input score 81
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -43.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.71; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 37.3%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 11.3% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 26.9% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 81.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $185K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 2 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 2/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Officer compensation ratio scored 8/100.