Cristo Rey Jesuit Seattle High School

Nonprofit profile at a glance

EIN
874002665
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Seattle, WA, USA
Phone
2066882100
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Secondary, High School

Official website

Reported finances

Revenue
$6,821,249
Expenses
$4,265,683
Assets
$18,067,293
Liabilities
$7,417,963

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

Leadership & pay

26 people listed

Executive titles in this filing

  • Val Gorder (Board Vice Chair, CRJS President)
  • Paul Hogan (President)
  • Michael Hall (Vice President of Finance)
  • Allie Picha (Vice President of Advancement)
  • Katie Seltzer (Vice President of Corporate Work Study)

Highest reported compensation

  • Paul Hogan (President): $225,000 total reported compensation
  • Dr Nadia Despenza Guy (Principal): $200,000 total reported compensation
  • Katie Seltzer (Vice President of Corporate Work Study): $152,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To enflame the intellects and spirits of students by integrating rigorous college- preparatory academics, professional work experience, and faith development, empowering students to flourish as scholars and citizens.

What it reported doing in 2024

Cristo Rey Jesuit Seattle High School provides a college-preparatory high school education for students from families with limited financial resources. Currently, it serves students in grades 9 and 10, with plans to add one grade level each academic year until reaching grades 9-12. The Schools educational program integrates rigorous academics, Jesuit Catholic formation, and individualized student supports to prepare students for college, career, and leadership. CRJS Students complete a standards-based, college-preparatory curriculum focused on critical thinking, writing, quantitative reasoning, and ethical leadership. Academic instruction is supported by counseling, tutoring, social-emotional supports, and early college awareness programming beginning in students first year. Tuition is structured to be affordable for families through a model that combines a modest family contribution, student participation in the Corporate Work Study Program, and philanthropic support, ensuring access to a high-quality education regardless of financial circumstances. Program highlights include: -Serves students in grades 9 and 10 as part of a planned four-year high school model -100 percent of students participate in the Corporate Work Study Program -Tuition affordability supported by family contribution, work study earnings, and donor generosity

Operating model

Revenue model
Donor-supported. 94% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 65
  • Accountability: 95
  • Sustainability: 70
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.7%; rating input score 39
  • Program expense ratio: 60.6%; rating input score 61
  • Fundraising efficiency: $7.84 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 37.5%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 4.24; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.41; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 19.6%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 38.7% of revenue deployed · 60.6% of spending went to programs
  • Governance: 20 of 20 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.6M in reported program spending
  • Leadership: top reported pay $225K · 26 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • Review — Accountability: Governance controls: Document-retention policy not reported.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.