Fulton Educational Services Inc

Nonprofit profile at a glance

EIN
202617285
IRS 990 coverage
2010–2013
Forms available
Form 990 2013
Location
Alpharetta, GA, USA
Phone
7704753233
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Charter Schools

Official website

Reported finances

Revenue
$2,266,200
Expenses
$2,265,258
Assets
$330,570
Liabilities
$29,554

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • MARIA BEUG-DEEB (PRESIDENT)
  • JAMIE HENDERSON (VICE PRESIDENT)

People named in this filing

  • MARIA BEUG-DEEB (PRESIDENT)
  • JAMIE HENDERSON (VICE PRESIDENT)
  • RANDALL MORGAN (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Instruction of high school curriculum with emphasis on teaching and learning through technology.

What it reported doing in 2013

Fulton educational services, inc. (fsa hs), a Georgia not-for-profit corporation, was established in august 2006 and is a fulton county school system charter school. The mission of fsa hs is to provide technology enriched high school curriculum in a small learning community utilizing the accelerated schools project comprehensive school reform model. Based on this mission, fsa hs has adopted an operating philosophy as a technology enriched accelerated charter high that serves grades 9-12. Fsa hs focuses on technology in learning and teaching. Each student is provided a laptop computer to use in class and at home. Ap and honors courses, english to speakers of other languages services, and special education services are offered in addition to the required computer science education. As a charter school, fsa hs is accountable to the highest achievement standards and will provide individual academic assistance to students. Fsa hs offers small class sizes in a safe school environment of 270 students.

Operating model

Revenue model
Grant-funded. 99% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 90
  • Accountability: 94
  • Sustainability: 37
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.6%; rating input score 86
  • Program expense ratio: 85.6%; rating input score 86
  • 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 0.15; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 93; 93rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -3.1% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: -31.4% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 85.6% of revenue deployed · 85.6% of spending went to programs
  • Governance: 7 of 7 board members independent · 6 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.9M in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2010 to 2013
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 35/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.