Harkham-gaon Academy
Nonprofit profile at a glance
- EIN
- 475041293
- IRS 990 coverage
- 2015–2021
- Forms available
- Form 990 2021
- Location
- Beverly Hills, CA, USA
- Phone
- 3105560663
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Secondary, High School
- Affiliation
- Judaism
Reported finances
- Revenue
- $615,146
- Expenses
- $714,171
- Assets
- $303,145
- Liabilities
- $420,866
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DR DEBORAH PARKS (PRINCIPAL/CEO)
Highest reported compensation
- DR DEBORAH PARKS (PRINCIPAL/CEO): $107,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To operate an independent community high school which PROVIDES A CHALLENGING, NURTURING, INCLUSIVE, JEWISH AND ACADEMIC LEARNING EXPERIENCE FOR its students. our students represent a very diverse group from families at every level of Jewish observance, ethnicity, and socioeconomic status. We encourage out students to become independent thinkers imbued with self-confidence and a drive for productivity, who respect themselves and others, who aspire to become life-long learners and are proud of their Judaism and Jewish heritage.
What it reported doing in 2021
Affordable jewish high school that seeks to create a blended learninghalacha. Focuses on a relatively small student population and providesthe tools necessary to actively participate in contemporary cossetedwhile adhering to a life imbued with torah values and halacha. Programservice revenue is derived from the payment of tuition. The school hasapproximately 50 students enrolled.
Operating model
- Revenue model
- Earned-program. 76% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 12
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.7%; rating input score 82
- Program expense ratio: 70.4%; rating input score 70
- Fundraising efficiency: $2.42 raised per $1 spent on fundraising; rating input score 5; 5th percentile among comparable filings
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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -16.1%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 1.39; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 15%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: -0.8% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: -3.3% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: 8.4% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 81.7% of revenue deployed · 70.4% of spending went to programs
- Governance: 3 of 3 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $503K in reported program spending
- Leadership: top reported pay $107K · 4 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 7 filing years from 2015 to 2021
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Fundraising efficiency scored 5/100.
- High — Sustainability: Operating margin scored 8/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.