District Charter Alliance

Nonprofit profile at a glance

EIN
832021039
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Colleyville, TX, USA
Phone
3057789670
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Nonmonetary Support N.E.C.

Reported finances

Revenue
$657
Expenses
$22,966
Assets
$0
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Yasmin Bhatia (President)
  • David Saenz (Vice President)
  • Bibi Yasmin Katsev (Vice Treasurer and Executive Director)

Highest reported compensation

  • Bibi Yasmin Katsev (Vice Treasurer and Executive Director): $426 total reported compensation

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

Overview

Mission

District Charter Alliance advocates for adequate and equitable funding for all public schools and supports transformative policies enabling partnerships and collaboration between districts charters and nonprofits to provide schools with opportunities for greater innovation and student achievement.

What it reported doing in 2024

The District Charter Alliance conducts quarterly meetings to help members on various topics including policy updates professional development opportunities networking partnership collaboration and more. These meetings allow members to share information with one another and learn from existing district-charter partnerships. This is to help members collaborate and take what they learn to their communities and schools. The District Charter Alliance aims at changing the narrative on district-charter partnerships and collaboration including in the areas of communications media and provide policy recommendations to both members and stakeholders in hopes of increasing the opportunities for district-charter partnerships through consultations and recommendations to the Texas Education Agency. These efforts require travel across Texas hiring consultants data analysis working with media reps policy analysis and organization branding.

Operating model

Revenue model
Donor-supported. 100% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 90
  • Accountability: 60
  • Sustainability: 5
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 42.3%; rating input score 42
  • Fundraising efficiency: Limited

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 24th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • 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: -3,395.6%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 1.9%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 9.4% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: -30.9% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -27.4% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 42.3% of spending went to programs
  • Governance: 3 of 4 board members independent · 3 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $10K in reported program spending
  • Leadership: top reported pay $426 · 4 people listed
  • Consistency: 40 of 40 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Program expense ratio scored 42/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.