City Prep Academy
Nonprofit profile at a glance
- EIN
- 464249152
- IRS 990-EZ coverage
- 2016–2016
- Forms available
- Form 990 2015, Form 990-EZ 2016
- Location
- Worthington, OH, USA
- Phone
- 6147667009
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Domestic Fraternal Societies
Reported finances
- Revenue
- $55,249
- Expenses
- $16,159
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- BRIAN G ADAMS (TREASURER)
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
Centered around a blended learning model, city prep will combine cutting-edge technology with hands-on instruction in the classroom to give its students a new-age learning experience. The school will operate on a four-day school week from monday through thursday, while fridays will serve as an extended learning opportunity day each week.
What it reported doing in 2016
The following expenses were incurred to finalze and close out operations
Operating model
- Revenue model
- Other-operating. 94% of the money available for current operations came from other operating 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 - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 82
- Sustainability: 53
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 29.2%; rating input score 29
- 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: 70.8%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -60.3% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -83.2% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 29.2% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $16K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 6 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.
- High — Financial Efficiency: Mission deployment rate scored 29/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.