E-stem High Public Charter Schools Inc
Nonprofit profile at a glance
- EIN
- 260738981
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-N 2007
- Location
- Little Rock, AR, USA
- Phone
- 5013249200
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Secondary, High School
Reported finances
- Revenue
- $33,044,352
- Expenses
- $32,019,144
- Assets
- $6,846,372
- Liabilities
- $2,470,614
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- VERNARD HENLEY JR (BOARD PRESIDENT)
- NICK PATTERSON (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- ANGELA MILLER (CHIEF FINANCIAL OFFICER): $118,850 total reported compensation
- NICK PATTERSON (CHIEF EXECUTIVE OFFICER): $93,895 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 operate a charter school and undertake such other activities as are consistent with the goal of promoting educational achievement of the students of said charter school.
What it reported doing in 2024
Operated a charter school which is authorized to serve up to 3,844 students during the academic year.
Operating model
- Revenue model
- Grant-funded. 97% of the money available for current operations came from government grants.
- 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 92
- Accountability: 77
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.6%; rating input score 94
- Program expense ratio: 96.6%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.1%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 0.1%; rating input score 92; 92nd percentile among comparable filings
Growth
- Program expense growth: 11.2% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 13.2% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 18.3% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 93.6% of revenue deployed · 96.6% of spending went to programs
- Governance: 4 of 4 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $30.9M in reported program spending
- Leadership: top reported pay $119K · 7 people listed
- Highest-paid contractors: 5 contractors listed · $2.4M reported
- Consistency: 29 of 29 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 3 filed related-organization links
- 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 — Accountability: Governance controls: 5 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.