An Achievable Dream Urban Learning Leadership Center
Nonprofit profile at a glance
- EIN
- 990896681
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Newport News, VA, USA
- Phone
- 7572234535
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $1,408,563
- Expenses
- $2,082,961
- Assets
- $1,872,016
- Liabilities
- $2,914,359
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- LEE VREELAND (PRESIDENT/CEO)
Highest reported compensation
- LEE VREELAND (PRESIDENT/CEO): $215,166 total reported compensation
- AMANDA ROSE (VP OF FINANCE & ADMINISTRATION/CFO): $157,837 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing on-site coaching to local school leaders to increase academic achievement of all students, regardless of race, gender, socio-economic status or learning challenges. Training is research-based best practices of leadership using specific frameworks and processes.activity is conducted by employees of the organization. Activity is conducted within school systems across the country. All of the organization'stime is committed to this activity. Funding is through gifts and grant but primarily through gross receipts from services performed. All expensesare allocated to this activity. The activity assists with training school leaders who in turn train socio-economically challenged students furtheringthe exempt purpose.
What it reported doing in 2024
Services are provided to local school leaders whose school system contracts with the organization for training.
Operating model
- Revenue model
- Earned-program. 100% 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. Expenses are high relative to revenue and some related-organization disclosures are missing.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 72
- Accountability: 91
- Sustainability: 20
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 83.3%; rating input score 83; 1st percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- 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: No; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -47.9%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.9; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 1.56; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 98% of spending went to programs
- Governance: 3 of 3 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2M in reported program spending
- Leadership: top reported pay $215K · 5 people listed · 4 of 6 pay-setting controls reported
- Consistency: 27 of 29 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 1 filing year from 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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: Operating margin scored 3/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- Review — Sustainability: Officer compensation ratio scored 59/100.