Arrow Education Company
Nonprofit profile at a glance
- EIN
- 861659589
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Naperville, IL, USA
- Phone
- 6307439068
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $65,098
- Expenses
- $74,408
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- GINA CURTIS (PRESIDENT)
People named in this filing
- GINA CURTIS (PRESIDENT)
- PAUL CURTIS (TREASURER)
- ANTHONY GRAZIN (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We believe that each child who enters arrow academy will find a calling that changes the world, that every child has valuable gifts to contribute to their community, and that children are capable of so much more than what is expected of them in a traditional classroom environment.
What it reported doing in 2024
Providing a curriculum for entrepreneurial skills, and creating opportunities for children throughout the community to participate in an annual children's business fair.
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 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 a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 100
- Sustainability: 20
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.9%; rating input score 64
- Program expense ratio: 55.9%; rating input score 56
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -14.3%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 31.8% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: -14.8% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: -53% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 63.9% of revenue deployed · 55.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $42K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 5 filed schedules
- Filing history: 3 filing years from 2021 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.
- Review — Financial Efficiency: Program expense ratio scored 56/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.