Collective Learning Academy Inc
Nonprofit profile at a glance
- EIN
- 832861081
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Atlanta, GA, USA
- Phone
- 4047210079
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Specialized Education Institutions
Reported finances
- Revenue
- $1,284,243
- Expenses
- $1,136,486
- Assets
- $550,461
- Liabilities
- $-778
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- ROSEMARY AYBAR (CEO & HEAD OF SCHOOL)
- LAURA DEISLEY (Board member & CEO('til May 1))
Highest reported compensation
- ROSEMARY AYBAR (CEO & HEAD OF SCHOOL): $106,827 total reported compensation
- LAURA DEISLEY (Board member & CEO('til May 1)): $52,642 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary purpose of the corporation shall be to form, maintain, administer, and operate an independent day school for boys and girls with developmental disabilities, including those with diagnosis of autism spectrum disorders, while seeking to develop the whole person for college and for life through superior education.
What it reported doing in 2024
The Academy Collective Learning Academy operates an accredited K-12 school offering academic and experiential learning for students with intellectual and developmental disabilities ages 10-22. These students attend school Monday-Friday on a traditional school schedule from August to May. Most every student has an autism diagnosis with coexisting disabilities such as Cerebral Palsy and Down's Syndrome. Students have previously demonstrated they are unable to learn in a large group setting, and our program provides a ratio of three students to every one certified teacher. The small classroom and individualized attention provide the necessary environment for the students to effectively learn and thrive. During the 2024-25 school year we had 7 students across 3 classrooms in the Academy. Students will either graduate and pursue post-secondary studies or move to our Transition Program to develop independent living and workforce readiness skills.
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program 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
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: 76
- Transparency & Controls: 92
- Accountability: 78
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80%; rating input score 80
- Program expense ratio: 90.9%; rating input score 91
- Fundraising efficiency: $4.15 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 11.5%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 14%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 29.5% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 29.3% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 25.5% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 80% of revenue deployed · 90.9% of spending went to programs
- Governance: 4 of 5 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1M in reported program spending
- Leadership: top reported pay $107K · 6 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 6 filing years from 2018 to 2024
- 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.
- High — Financial Efficiency: Fundraising efficiency scored 14/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 25/100.