Community Academy

Nonprofit profile at a glance

EIN
824515257
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Ames, IA, USA
Phone
5154420955
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Charter Schools

Official website

Reported finances

Revenue
$159,249
Expenses
$137,126
Assets
$43,604
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Michael Todd (Executive Director and Board of Directors Member)
  • Lisa Harmison (Board of Directors President, Treasurer, and Member)

People named in this filing

  • Michael Todd (Executive Director and Board of Directors Member)
  • Lisa Harmison (Board of Directors President, Treasurer, and Member)
  • Collin Reichert (Board of Directors Member)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Developing and implementing innovative educational programs that meet the needs of all students in our community. A major focus is getting all kids, including those that are from families with low resources, access to nature programming, high quality mentors, and connecting them to our community through long-term community projects.

What it reported doing in 2024

Summer Experience 2024 for June only. The Summer Experience 2025 hosted a 2-week, all-weekday session during June. Programming focussed on long-term community projects. Youth planted 1000's of native plants on public land in a collaboration with The City of Ames, learned about the history of Ames, and worked to build long-term relationships.

Operating model

Revenue model
Donor-supported. 67% 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. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 100
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.4%; rating input score 77
  • Program expense ratio: 89.9%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 13.9%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.32; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 28.6%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: -13.3% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 19.4% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 24.7% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 77.4% of revenue deployed · 89.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $123K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.