Amikids Inc (Group)

What it reported doing in 2024

Community-based programs community-based programs include alternative education, charter school, school support, after-school, delinquency prevention, family services, and workforce development programs, all of which are offered directly within the community. Average length of engagement across all community-based programs is about five months.alternative education programs are designed to help students who require additional support not available in traditional schools. Students in attendance benefit from academic remediation, positive behavioral skills development, and individualized attention for success. Amikids alternative education programs include infinity schools, school-within-a-school, charter schools, and engagement academies, which operate according to the school district schedule.charter schools are public schools designed to offer students a unique environment centered around experiential education. In addition to academic studies, students are exposed to multiple aspects of marine-focused careers, as they develop into future leaders and responsible stewards of our environment.school support programs provide enhanced services that augment the traditional academic day and improve educational outcomes. Students remain enrolled in their district school while participating in elective courses or supplemental programming.after school programs offer a variety of activities such as tutoring, career readiness, and technical training to students during after-school hours. Amikids after school programs provide students with comprehensive programming and support services to engage youth in positive opportunities that prepare them for success.delinquency prevention programs provide life management skills training, educational services, and youth development activities designed to prevent entry or further involvement in the juvenile justice and/or child welfare systems.family services programs provide home-based skills building and/or family counseling and intervention using evidence-based practices. Family services may include program models such as functional family therapy, wraparound services, and the amikids family centric model. Family services programs last approximately two to six months.workforce development programs equip youth aged 16-24, with the skills, training, and support needed to pursue successful career pathways. These programs offer industry-aligned instruction informed by each community's workforce needs and combine academic learning, technical training, job readiness development, and individualized case management. Through this comprehensive appoach, amikids prepares and connects students to higher education, employment opportunities, and apprenticeships. Annually, about 2,000 industry-recognized certifications are earned.for residential and community-based programs, approximately 73% of youth completed the program by successfully meeting their goals or completing the available programming. Youth participated in an estimated 5,826 hours of experiential education a central component of amikids programming. As a resultof engagement, 89% of youth maintained or significantly increased their protective factors, and 23% of youth decreased their risk factors. Youth demonstrated significant increases in school connectedness, emotion regulation, positive coping skills, and building positive relationships, these outcomes are associated with future success in education and the workforce, as well as improved overall wellbeing.

Financial Efficiency

• Mission deployment rate: 92.1%; rating input score 92
• Program expense ratio: 94.5%; rating input score 94
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
• Governance controls: 8 of 8 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: 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: 3%; rating input score 47; 47th percentile among comparable filings
• Total-asset coverage ratio: 0.92; rating input score 37; 37th percentile among comparable filings
• Liabilities to assets ratio: 0.64; rating input score 26; 26th percentile among comparable filings
• Officer compensation ratio: 0.6%; rating input score 83; 83rd percentile among comparable filings

Growth

• Program expense growth: 1.9% per year; rating input score 100; 15th percentile among comparable filings
• Revenue growth: 0.3% per year; rating input score 100; 6th percentile among comparable filings
• Asset growth: 4.1% per year; rating input score 100; 29th percentile among comparable filings