Afya Baltimore Inc
Nonprofit profile at a glance
- EIN
- 208527876
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Baltimore, MD, USA
- Phone
- 4107368980
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
Reported finances
- Revenue
- $7,908,541
- Expenses
- $8,276,457
- Assets
- $15,509,442
- Liabilities
- $7,554,039
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- JEANINE HILDRETH (PRESIDENT)
- JOHN MUCHAI (VICE PRESIDENT)
- WILL MCKENNA (EXECUTIVE DIRECTOR)
Highest reported compensation
- WILL MCKENNA (EXECUTIVE DIRECTOR): $194,460 total reported compensation
- KAREN HUGHES (ACADEMIC DIRECTOR): $135,956 total reported compensation
- OMOLARA AJAYI (FINANCE DIRECTOR): $131,950 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 improve student achievement while promoting health. Students at afya will be engaged in physical activity while focusing on the development of their reading, writing, math, science, and social studies skills. Afya provides an effective learning environment in which its students will create and learn habits of mind and body that will lead to their intellectual, physical, social, and emotional health.
What it reported doing in 2024
Educational services - innovative and individualized approach to teaching and learning with a focus on preparation for high school success.
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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 70
- Accountability: 90
- Sustainability: 36
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.8%; rating input score 83
- Program expense ratio: 79.9%; rating input score 80
- Fundraising efficiency: $11.76 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: -4.7%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 1.87; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.49; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 49; 49th percentile among comparable filings
Growth
- Program expense growth: -4.1% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 0.5% per year; rating input score 100; 13th percentile among comparable filings
- Asset growth: 7.7% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 82.8% of revenue deployed · 79.9% of spending went to programs
- Governance: 16 of 16 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $6.6M in reported program spending
- Leadership: top reported pay $194K · 19 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.6M reported
- Consistency: 29 of 29 current checks pass
- Schedules: 7 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: 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 21/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- Moderate — Sustainability: Officer compensation ratio scored 49/100.