Aseltine School
Nonprofit profile at a glance
- EIN
- 952552382
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- San Diego, CA, USA
- Phone
- 6192962135
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Specialized Education Institutions
Reported finances
- Revenue
- $2,490,521
- Expenses
- $2,401,184
- Assets
- $2,820,834
- Liabilities
- $723,184
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- LISA SPENCER (BOARD PRESIDENT)
- FLORIDA MAY PADILLA (EXECUTIVE DIRECTOR)
Highest reported compensation
- FLORIDA MAY PADILLA (EXECUTIVE DIRECTOR): $156,089 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Special education school for students with learning disabilities, emotional disturbances, autism, intellectual disabilities (mild to moderate) and other health impairments.
What it reported doing in 2024
Students come to aseltine school with long histories of school failure due to serious behavior problems, deficits in academic skills & knowledge, and/or poor school attendance. They have tried most of the programmatic interventions available in public school programs. Our goal is to bring about dramatic improvement in all of these areas leading/transitioning to a less restrictive educational or vocational setting.we have a dedicated staff of 28 who work to meet the complex needs of 36 students.aseltine school program overview (description of services)introductionaseltine school embraces a philosophy of uncommon commitment to students with disabilities and their families. We believe that students can become aware of, learn to cope with, & eventually overcome the circumstances or barriers that have limited their progress. We are dedicated to the belief that this can be accomplished by providing a foundation of nurturing support & guidance, combined with imagination, discipline, & challenge. Aseltine school's mission is to educate and empower students to become critical thinkers of the world.aseltine school strongly supports the idea of cultural pluralism & celebrates the diversity of cultures & communities that make up the san diego community. We are grounded in the fundamental respect for the uniqueness of each student and the circumstances he or she brings to our setting. We believe that while learning is a serious matter, it can also be fun and relevant to the students' interests. We are committed to engaging students as thinkers, problem-solvers, & partners in the educational process.the program: the program structure is designed to offer a continuum of academic settings, ranging from a one-to-one structure to self contained classes.school-wide conflict resolution behavior management program: aseltine school prides itself on programs which work creatively and effectively with young people in conflict. We strive to understand, support, & validate our students' attempts at coping with life's/schooling's difficult circumstances & demands. We understand that facing up to life's demands is not an easy task at any age.our program challenges students to identify, understand, & overcome the various conflicts they have with people, circumstances and/or within themselves. We have a strong belief in the potential of each student. We believe that each student has it within him or herself to respond to life's most difficult circumstances in a thoughtful, self-disciplined, & responsible manner.through the educational process of conflict resolution, students develop self-awareness, personal & social coping skills. As school performance improves, students develop enhanced self-esteem, which leads to personal empowerment. We seek to work with empowered students--students who work with us as full partners while they begin to take responsible control over the direction of their lives & their education.
Operating model
- Revenue model
- Earned-program. 94% 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 65
- Accountability: 84
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.2%; rating input score 83
- Program expense ratio: 87.4%; rating input score 87
- Fundraising efficiency: $3.64 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.6%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 1.17; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 6.5%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 5% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 40th percentile among comparable filings
- Asset growth: 19.8% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 83.2% of revenue deployed · 87.4% of spending went to programs
- Governance: 7 of 7 board members independent · 5 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $2.1M in reported program spending
- Leadership: top reported pay $156K · 8 people listed · 0 of 6 pay-setting controls reported
- Consistency: 22 of 22 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 11/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 46/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.