Cristo Rey Dallas High School Inc

What it reported doing in 2024

Academics and college guidance: each year, crd serves more than 450+ students who have family incomes within 250% of the federal poverty line. While most students join crd performing below grade level in reading and math, our intensive academic support spurs remarkable progress. In addition to tutoring and mentoring opportunities, crd students gain access to a wide array of ap courses, fine arts programming, and state-of-the-art stem labs, among many other resources. In this thriving academic environment, students who were once off-course for success make incredible gains in college readiness. Crd families are enthusiastically supportive, but they often lack the resources and experience to help their children navigate the complex college admissions process. To ensure our students can not only access and afford higher education, but thrive once admitted and enrolled, crd's college guidance department provides robust support that far exceeds that found in a typical high school. Our robust college guidance program is embedded into the school-day curriculum as a dedicated course that includes individualized career discovery, test preparation, admission and financial aid application assistance, and college campus visits for students across all four years. These activities lead our young men and women and their families to a deeper understanding of their individual talents, characteristic learning styles, academic interests, and career goals so they can find "right-fit" schools. With this support, 100% of our seniors are accepted to college each year. Because college persistence is disproportionately lower for the demographic we serve, a dedicated alumni counselor supports our graduates throughout their college journeys. Corporate work study: cristo rey's innovative corporate work study program complements the school's academic rigor, providing students with professional skill building and career exploration in a supportive environment. All cristo rey dallas students work at office positions four days per month at more than 170 dallas companies and nonprofits. Their academic schedules are structured so that they do not miss classes. Through the program, students explore industries including finance, law, medicine, and engineering-as well as many others-while learning valuable hard and soft skills and building a network of connections to champion their journeys. Crucially, employer-paid fees from this program annually underwrite 60% of the school's operating expenses and allow us to provide a college preparatory education for only $200/month in family tuition and fees. For first-generation college students, as most of ours will be, the professional experience and career inspiration that the program provides are critical to helping students visualize themselves as belonging in high-value career paths. And crd's corporate job partners continually voice their enthusiasm for the opportunity to cultivate a diverse pipeline of 21st century talent. Our two full-time licensed mental health counselors, distinct from the college guidance department, provide counseling to all students, as well as their families, who have a need at no cost. During their freshman year, all students also participate in a ten-session social emotional learning course, where they address topics in anxiety, depression, stress-management, and more in an effort to de-stigmatize mental healthcare and maximize their connection with available resources. The department also carries out a robust awareness and advocacy program, including suicide prevention week, bullying prevention month, pet therapy days, and teen dating violence awareness week.

Financial Efficiency

• Mission deployment rate: 91.7%; rating input score 92
• Program expense ratio: 85.5%; rating input score 85
• Fundraising efficiency: $5.52 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 95.8%; rating input score 96; 26th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -7.1%; rating input score 17; 17th percentile among comparable filings
• Total-asset coverage ratio: 2.1; rating input score 63; 63rd percentile among comparable filings
• Liabilities to assets ratio: 0.33; rating input score 32; 32nd percentile among comparable filings
• Officer compensation ratio: 9.4%; rating input score 32; 32nd percentile among comparable filings

Growth

• Program expense growth: 13% per year; rating input score 100; 73rd percentile among comparable filings
• Revenue growth: -2.2% per year; rating input score 0; 6th percentile among comparable filings
• Asset growth: 8.5% per year; rating input score 100; 52nd percentile among comparable filings