Ethnic Group Academy Inc
Nonprofit profile at a glance
- EIN
- 474934808
- IRS 990-EZ coverage
- 2015–2015
- Forms available
- Form 990-EZ 2015
- Location
- Fort Worth, TX, USA
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $5,000
- Expenses
- $4,000
- Assets
- $1,000
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- JONGSU HEO (PRESIDENT)
People named in this filing
- JONGSU HEO (PRESIDENT)
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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Assisting to teach english for refugee children around 1,500 refugees emigrate to tarrant county each year from countries around the world, including nepal, myanmar, and congo. We have the opportunity to welcome these newcomersmany of whom have experienced hardship and are now trying to find a new life in america. Here, they are our neighbors who need our care and our concern. The refugee children desperately eg academy provides refugee children with free extracurricular opportunities.our goal is to treat them with true love, so that we may encourage them to grow into people with bright, happy futures.
What it reported doing in 2015
Eg academy offers spring and fall semesters each year. Currently we run art, music, soccer, guitar and esl classes. Students meet every saturday. Along with the regular classes, we offer various events encouraging family-wide participationlike the family photo event, class recitals, and exhibitions
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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 48
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80%; rating input score 80
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 20%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0.25; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 80% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $4K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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 — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.