Agape Learning Resource Academy
Nonprofit profile at a glance
- EIN
- 994623776
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Lobeco, SC, USA
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
Reported finances
- Revenue
- $128,842
- Expenses
- $123,682
- Assets
- $5,225
- Liabilities
- $65
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Matthew James II (Director)
- Scott Hunter (Treasurer)
- Ingrid Isaac (Secretary)
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
We are dedicated to creating a learning environment that helps you discover your true purpose. We offer an alternative curriculum designed to stimulate intellectual curiosity and introduce students to the realms of Science Technology Engineering Arts and Mathematics STEAM. Our dedication extends beyond the individual child to encompass the entire family unit. Our objective is to enhance the familys skills which will help alleviate poverty and boost workforce participation all through the power of digital literacy. By fostering these essential areas we strive to build a We provide a comprehensive curriculum encompassing essential subjects such as mathematics science language arts social studies and physical education. Our primary objective is to equip students with the requisite knowledge and competencies for academic success. Additionally we emphasize the social and emotional growth of our students by imparting skills such as empathy self-regulation and collaboration.
What it reported doing in 2024
The institution offers a robust academic foundation via a curriculum that is developmentally suitable and aligns with both Christian principles and educational benchmarks. Students are motivated to develop intellectually through practical learning experiences that enhance literacy numeracy and critical thinking skills. We cater to fifty-three students across three counties in South Carolina achieving a 100% graduation rate among our high school seniors.
Operating model
- Revenue model
- Donor-supported. 64% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 99% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 35
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.1%; rating input score 93
- Program expense ratio: 97%; rating input score 97
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: 4%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 93.1% of revenue deployed · 97% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $120K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- 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: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Operating margin scored 45/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.