Canaan Boys Academy
Nonprofit profile at a glance
- EIN
- 452424942
- IRS 990-EZ coverage
- 2014–2017
- Forms available
- Form 990-EZ 2017
- Location
- Shreveport, LA, USA
- Phone
- 3182279993
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $18,840
- Expenses
- $37,719
- Assets
- $18,678
- Liabilities
- $65
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- Roy Thomas (Director, Board Chair)
- Derrick Gatson (Director)
- Wilford Smith (Director)
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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Canaan Boys Academy, Inc. was established to provide supplemental educational services to boys ages 6 -19 residing in the Allendale Community of Shreveport, Louisiana.
What it reported doing in 2017
Once again, CBA had another successful summer session with a great group of boys and outstanding teachers who provided quality instruction daily. Initially, thirty-eight boys enrolled in the program. However, because more than we expected failed and/or needed specific intense instruction, along with other circumstances, only sixteen boys attended the program during the month of June. The boys were in an ideal situation with small groups. Teachers were able to focus more on individualized instruction for each student, especially the lower elementary students. Students were instructed in reading, math, robotics, physical education and music. Our focus this year was on Goal Setting. The boys were taught how to set and attain goals. Debra Reed was the instructor and the boys experienced a lot of "first" under her tutelage. They visited the LSU Agriculture Research Center, had lunch at Jason's Deli and then had a special tour of Brookshire's Grocery on Line Avenue. This field trip was quite a learning experience for teachers as well. The boys visited Grand Encore U. S. Army Corps of Engineers in Natchitoches where they received a guided tour of the museum and then had the privilege to paint a beautiful scene of the Red River from the veranda. Other activities included men from the community as well as Mount Canaan's males visiting to offer words of encouragement and reiterate the importance of setting goals. Our outstanding physical education teacher introduced the boys to the art of fencing and they displayed their skills at the culminating program. The culminating field trip was to Dallas, Texas to tour the stadium where the Dallas Cowboys play. We are delighted to say that there are some wonderful stories to tell about the boys who have come through this program over the years. Canaan Boys Academy has truly had a positive impact and a major role in the success of many young men lives. We'd like to thank Pastor Blake, Deacon Roy Thomas, Mrs. Joyce Maiden and the Mount Canaan B. C Family for all their contributions in making this program a reality.
Operating model
- Revenue model
- Donor-supported. 77% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 24
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -100.2%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 0.5; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -0.3% per year; rating input score 0; 49th percentile among comparable filings
- Revenue growth: -67.2% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -52.6% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $38K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2014 to 2017
- 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 — Sustainability: Operating margin scored 7/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.