Alianza Community Schools Inc

Nonprofit profile at a glance

EIN
861318710
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-N 2020
Location
Indianapolis, IN, USA
Phone
3173790499
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$2,889,794
Expenses
$2,175,905
Assets
$1,272,687
Liabilities
$101,876

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

Leadership & pay

16 people listed

Executive titles in this filing

  • FRANCISCO VALDIOSERA (EXECUTIVE DIRECTOR)

Highest reported compensation

  • FRANCISCO VALDIOSERA (EXECUTIVE DIRECTOR): $143,245 total reported compensation
  • JAY CASTILLO-JIMENEZ (DIRECTOR OF OPERATIONS): $82,417 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Monarca academy eliminates barriers to success for all students. Inspired by the latin@ and immigrant experience we develop leaders through high academic standards (ganas), cultural responsiveness (orgullo), and community building (comunidad).

What it reported doing in 2024

Monarca academy made significant progress this year toward launching its first 9th grade cohort for the 2026-2027 school year, completing all major planning milestones and securing full enrollment well in advance. The inaugural class will serve 80 students, including 64 of monarca academy's current 8th grade students and additional students enrolling from other indianapolis schools. The objective of this expansion is to establish a rigorous, college preparatory high school pathway that extends monarca academy's mission and provides continuity for families in the international market district.to support the development of the high school and strengthen student services, monarca academy secured a $2 million grant from the lilly endowment to implement a full service community school model, including the adoption of city connects. This model will provide coordinated academic, social-emotional, and family support services to hundreds of students each year, ensuring that the high school opens with a comprehensive system of care.monarca academy also received a $300,000 capacity award from the mind trust to support leadership development, staffing, program design, and operational readiness for the founding 9th grade class. Over the course of the year, the school engaged in more than nine months of planning, community engagement, and program development to ensure a strong and sustainable launch.this expansion represents a major milestone in monarca academy's longterm vision and will significantly increase the number of students and families served beginning in the 2026-2027 school year.

Operating model

Revenue model
Grant-funded. 90% of the money available for current operations came from government grants.
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 - 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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 47.5%; rating input score 47
  • Program expense ratio: 63%; rating input score 63
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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: 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: 24.7%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 10.4%; rating input score 29; 29th percentile among comparable filings

Growth

  • Program expense growth: 49.9% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 38.5% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 16.8% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 47.5% of revenue deployed · 63% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $1.4M in reported program spending
  • Leadership: top reported pay $143K · 16 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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: Mission deployment rate scored 47/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • High — Sustainability: Officer compensation ratio scored 29/100.