Garfield Academy Inc
Nonprofit profile at a glance
- EIN
- 451258812
- IRS 990 coverage
- 2011–2015
- Forms available
- Form 990 2015
- Location
- Canton, OH, USA
- Phone
- 3304543128
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $2,458,500
- Expenses
- $2,410,169
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- BROTHER DAVE LOMBARDI (VICE PRESIDENT)
- DANA GAMMILL (PRESIDENT)
Highest reported compensation
- ANTHONY LOMBARDI JR (TREASURER): $1,300 total reported compensation
- DANA GAMMILL (PRESIDENT): $1,300 total reported compensation
- TERRY MCCULLOUGH (BOARD MEMBER): $1,175 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide a high quality alternative education opportunity for children ages 5-14, grades k-8.
What it reported doing in 2015
Provided educational services to 219 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
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: 83
- Transparency & Controls: 90
- Accountability: 86
- Sustainability: 31
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.1%; rating input score 93
- Program expense ratio: 95%; rating input score 95
- 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 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: 2%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0.2%; rating input score 85; 85th percentile among comparable filings
Growth
- Program expense growth: 4.6% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 1.4% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: -28.7% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 93.1% of revenue deployed · 95% of spending went to programs
- Governance: 5 of 5 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.3M in reported program spending
- Leadership: top reported pay $1K · 6 people listed
- Highest-paid contractors: 1 contractor listed · $2.3M reported
- Consistency: 19 of 19 current checks pass
- Schedules: 6 filed schedules
- Filing history: 5 filing years from 2011 to 2015
- 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.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- Moderate — Sustainability: Operating margin scored 45/100.
- High — Growth: Asset growth scored 0/100.