Banner School of Milwaukee Inc
Nonprofit profile at a glance
- EIN
- 461004643
- IRS 990 coverage
- 2014–2016
- Forms available
- Form 990 2016
- Location
- Boca Raton, FL, USA
- Phone
- 5613386846
- Rating confidence
- Limited
- Sector
- Charter Schools
Reported finances
- Revenue
- $0
- Expenses
- $22,865
- Assets
- $681
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- SIDNEY YELDELL (PRESIDENT)
People named in this filing
- SIDNEY YELDELL (PRESIDENT)
- THERESA YELDELL (VP)
- JAMES BARTOS (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. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization operates alternative high school in the city of milwaukee for students who have had disciplinary issues or need alternative placements for other reasons. The activity furthers the organization's purpose because it is exclusively an inner-city program.
What it reported doing in 2016
The organization is a nonstock corporation that was formed in the state of Wisconsin on september 17, 2012. The school anticipates opening around august 2013 with approximately 240 slots for students. The funding is from the milwaukee public school system. The corporation's nonprofit status is pending approval from the IRS.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 90
- Accountability: 6
- Sustainability: 17
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0.03; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 72; 72nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: -100% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: -103.4% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -120.7% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $23K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 14 of 14 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2014 to 2016
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.