Alliance College-ready Middle Academy #8
Nonprofit profile at a glance
- EIN
- 463138259
- IRS 990 coverage
- 2014–2019
- Forms available
- Form 990 2019
- Location
- Los Angeles, CA, USA
- Phone
- 2139434930
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $2,916,742
- Expenses
- $2,832,588
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
12 people listed
Highest reported compensation
- DAVID LAUCK (CHIEF FINANCIAL OFFICER): $229,962 total reported compensation
- MELISSA YOSHIMURA (INSTRUCTIONAL SUPERINTENDENT): $186,252 total reported compensation
- YOUNG MI KIM (PRINCIPAL): $149,257 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose and mission of alliance college-ready middle academy #8 is to establish and maintain the highest quality educational program for middle-grade students in a small school environment with small learning communities that are focused on assuring that students achieve proficient to advanced student performances on state standards. Although the entity has been dissolved as of 12/31/2019, all activity for the school will now be included on alliance college-ready public schools, formerly known as alliance marine - innovation and technology 6-12 complex (EIN: 47-2892698), form 990 going forward.
What it reported doing in 2019
Alliance college-ready middle academy no. 8 is a nonprofit public charter school designed to serve grade 6 through 8 students in the los angeles unified school district on a 185 day, single-track, non year-round calendar.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 90% 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 71
- Accountability: 72
- Sustainability: 23
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.7%; rating input score 98
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 10th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.9%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 19.2%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 12.3% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: -4.3% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 97.7% of revenue deployed · 100% of spending went to programs
- Governance: 6 of 9 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.8M in reported program spending
- Leadership: top reported pay $230K · 12 people listed · 2 of 6 pay-setting controls reported
- Consistency: 25 of 25 current checks pass
- Schedules: 7 filed schedules · includes executive pay
- Filing history: 6 filing years from 2014 to 2019
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 27 filed related-organization links
- 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 — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.