James B Dudley Academy
Nonprofit profile at a glance
- EIN
- 863039713
- IRS 990-EZ coverage
- 2022–2022
- Forms available
- Form 990-EZ 2022
- Location
- Wilmington, NC, USA
- Phone
- 3364774256
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $150,601
- Expenses
- $184,134
- Assets
- $13,997
- Liabilities
- $46,347
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Kwabene Williams (Chair & E.D.)
- Zachary Tyhacz (Director)
- Eric Griffin Jr (Director)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide high quality affordable education.
What it reported doing in 2022
Dudley Academy offers four main programs: after school; full-time academics; part-time academics; and martial arts. Our programs seek to develop students holistically. Our goal is to nurture skills that empower students to succeed in the classroom, in their community and in their personal/family life. Our curriculum considers the needs of the "student of the future." We intend to prepare learners to excel in a new academic landscape and transcend the barriers of traditional education. The Physical Education component of JDA is an approach to building confidence in students despite learning differences. This is a unique offering that brings students from diverse backgrounds to learn together. Our Martial Arts and Physical Education community is the heart of joining, parents, and all stakeholders together from across boundaries.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 13
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 94.3%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -22.3%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 3.31; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 94.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $174K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 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: Operating margin scored 7/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.