Higher Achievement Program Inc
Nonprofit profile at a glance
- EIN
- 521383374
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 2023757738
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $6,394,962
- Expenses
- $5,864,879
- Assets
- $8,700,095
- Liabilities
- $1,204,735
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- LYNSEY WOOD JEFFRIES (CHIEF EXECUTIVE OFFICER)
- KATEY COMERFORD (EXECUTIVE DIRECTOR, RICHMOND)
- ANTWONETTE WOODLON (EXECUTIVE DIRECTOR, BALTIMORE)
Highest reported compensation
- LYNSEY WOOD JEFFRIES (CHIEF EXECUTIVE OFFICER): $257,051 total reported compensation
- JESSICA WALBRIDGE (CHIEF OPERATING OFFICER): $218,443 total reported compensation
- JULIE KOH (SENIOR DIRECTOR OF FINANCE): $192,932 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Higher achievement closes the opportunity gap during the pivotal middle school years by leveraging the power of communities. Higher achievement's proven model provides a rigorous after school learning environment, caring role models, and a culture of high expectations, resulting in college-bound scholars with the character, confidence, and skills to succeed.
What it reported doing in 2024
Higher achievement operates after school achievement centers in the dc metro area, baltimore and richmond that offer rigorous academic enrichment to students during the most critical time in a child's development: middle school. Centers operate after school programming multiple days a week during the school year. Middle school scholars enroll in 5th or 6th grade and dedicate three to four years after school to stay on track for high school and post-secondary success. Higher achievement supports the growth of scholars' talent and connects them with the opportunity to attend college-preparatory high school programs.
Operating model
- Revenue model
- Donor-supported. 79% 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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 50
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.4%; rating input score 57
- Program expense ratio: 60.8%; rating input score 61
- Fundraising efficiency: $5.64 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- 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: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.3%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 1.48; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 27.3%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: -4.3% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 0.7% per year; rating input score 100; 14th percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 24th percentile among comparable filings
Details
- Where the money goes: 57.4% of revenue deployed · 60.8% of spending went to programs
- Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.6M in reported program spending
- Leadership: top reported pay $257K · 23 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $153K reported
- Consistency: 35 of 35 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- High — Financial Efficiency: Fundraising efficiency scored 20/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 59/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Officer compensation ratio scored 7/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.