Anchor Academic Center of Excellence Inc

Nonprofit profile at a glance

EIN
923838630
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
Rockledge, FL, USA
Phone
3214582939
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Specialized Education Institutions
Affiliation
Christianity

Official website

Reported finances

Revenue
$496,627
Expenses
$488,999
Assets
$73,460
Liabilities
$3,904

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

Leadership & pay

3 people listed

Executive titles in this filing

  • TONYA MCEVER (EXECUTIVE DIRECTOR)

Highest reported compensation

  • BRITTANY WRIGHT (DIRECTOR OF SCHOOL OPERATIONS): $34,250 total reported compensation
  • TONYA MCEVER (EXECUTIVE DIRECTOR): $30,650 total reported compensation

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

Overview

Mission

Anchor academic center of excellence inc is a private nonprofit christian school for students with diverse disabilities and needs. Our mission is to empower students with diverse needs to recognize and optimize their potential throughout their lives.

What it reported doing in 2024

Anchored post graduate program is a post graduate program for students transitioning from high school to adult life. By coordinating directly with the students, their families, teachers, school administrators, and communitiy agencies working together to support student success, our anchored program helps students to develop their ability to meet daily responsibilities and improve their ability to live as independently as possible. Each student will have a specifically designed program to meet their individual goals. The director of education and life skills coordinator will create engaging learning experiences inside and outside the classroom that enable students to develop important daily life skills.

Operating model

Revenue model
Earned-program. 97% 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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 90
  • Accountability: 9
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.1%; rating input score 80
  • Program expense ratio: 81.3%; rating input score 81
  • Fundraising efficiency: $1.96 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: Limited
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 1.5%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 13.3%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 21.5% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 15.2% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 16.9% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 80.1% of revenue deployed · 81.3% of spending went to programs
  • Governance: 2 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $398K in reported program spending
  • Leadership: top reported pay $34K · 3 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Accountability: Governance controls: 6 of 8 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 9/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.