Chesterfield Innovative Academy For Girls

Nonprofit profile at a glance

EIN
463173077
IRS 990-EZ coverage
2014–2016
Forms available
Form 990-EZ 2016, Form 990-N 2013
Location
N Chesterfield, VA, USA
Phone
8047749414
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$181,368
Expenses
$167,473
Assets
$24,567
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Audrey Smith (Executive Director)

People named in this filing

  • Dr Tommye Finley (Past Board Chair)
  • Elizabeth Walker (Treasurer)
  • Audrey Smith (Executive 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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary purpose is to establish and maintain an independent school for girls.

What it reported doing in 2016

Program accomplishments include serving fourteen girls, their families, and supporting one full time and one part time staff position. A total of 20 volunteers assisted in the program including tutoring, administrative assistance and help with special events. We increased enrollment from eight students to fourteen. We added first grade and those students received 1,060 hours of classroom instruction. We increased the number of community partners, and moved to St. Barnabas Episcopal Church, inside its educational wing.

Operating model

Revenue model
Donor-supported. 65% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 100
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.3%; rating input score 64
  • Program expense ratio: 69.6%; rating input score 70

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 7.7%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
  • Officer compensation ratio: 48.1%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 23.5% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 40.5% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 89.4% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 64.3% of revenue deployed · 69.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $117K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2014 to 2016
  • 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.

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: Total-asset coverage ratio scored 14/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.