Atlanta Jewish Academy Inc

Nonprofit profile at a glance

EIN
581088687
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Atlanta, GA, USA
Phone
4048439900
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Secondary, High School
Affiliation
Judaism

Official website

Reported finances

Revenue
$18,366,702
Expenses
$16,851,129
Assets
$19,419,842
Liabilities
$2,543,595

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

Leadership & pay

20 people listed

Executive titles in this filing

  • CHANIE STEINBERG (PRESIDENT)
  • DANIEL COHEN (VICE PRESIDENT)

Highest reported compensation

  • STEVEN LEVITT (HEAD OF SCHOOL): $325,380 total reported compensation
  • HELEN HANEY (CFO/COO): $199,203 total reported compensation
  • SUSAN MORAY (CHIEF ADVANCEMENT OFFICER): $152,338 total reported compensation

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

Overview

Mission

Atlanta jewish academy is a college preparatory, co-educational, preschool-12th grade, independent jewish day school, guided by modern orthodox values and principles. We embody the ideals of community, tradition, individual development and educational innovation. Atlanta jewish academy develops the whole person for college and life by fostering a love of torah, israel and all jewish people through an excellent secular and judaic education within an inclusive, nuturing community.

What it reported doing in 2024

Our educational offerings include general studies, a rigorous curriculum which includes language arts, mathematics, science and social studies. Critical thinking, intellectual curiosity and a love of learning are major objectives. Our children are challenged to achieve their potential and then go further. The judaic teachings and practices of our school adhere to a traditional interpretation of laws and customs. We teach the classical jewish in their original languages, inspiring our students and grounding them in morals and ethics. The historical and religious importance of the state of israel is central to our teaching, programs and philosophy. Our students develop a strong connection to israel and its people. They understand and converse in the modern hebrew language. We believe that the ideals and democratic principles of the united states of america are fundamental to our lives as american jews.

Operating model

Revenue model
Earned-program. 66% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 79% for direct work, and 21% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 75
  • Accountability: 100
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.1%; rating input score 74
  • Program expense ratio: 80.8%; rating input score 81
  • Fundraising efficiency: $14.07 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd 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; 66th 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: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 8.3%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 1.15; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 4.8%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 7.2% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 10.2% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 10.8% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 74.1% of revenue deployed · 80.8% of spending went to programs
  • Governance: 16 of 16 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $13.6M in reported program spending
  • Leadership: top reported pay $325K · 20 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $459K reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Review — Sustainability: Officer compensation ratio scored 53/100.