JCA Preschool Inc

Nonprofit profile at a glance

EIN
851291259
IRS 990 coverage
2021–2024
Forms available
Form 990 2024
Location
Massillon, OH, USA
Phone
3302687377
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$219,740
Expenses
$257,168
Assets
$204,450
Liabilities
$604

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Dennis Boyd (President)
  • Lori Lapp (Vice-President-Secretary)
  • Sheri Boyd (Executive Director)

Highest reported compensation

  • Sheri Boyd (Executive Director): $33,858 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

At Jackson Children's Academy, it is our primary goal and purpose to create a partnership among home, school, and community and a nurturing and positive environment so that the word 'school' will have only the most pleasant associations and the students are excited about learning.We promise to provide a loving and stimulating environment which encourages participation, creativity, problem solving and enthusiasm for learning.

What it reported doing in 2024

Jackson Children's Academy was purchased in June of 2020 with the intent of investing the revenue to strengthen the school and enhance the ministry of the church where the school is located. JCA fared economically well while accomplishing our goal of safely nurturing and educating 87 preschool aged children. The students in our preschool are provided with loving care in an intimate and fun environment. The student-to-teacher ratio helps us provide more one-on-one opportunities to help the students grow and prepare them for their educational career. Being a non-profit organization allows us to reinvest our revenues into ensuring these goals can continue.Since COVID 19, the child care profession has become less stable. The Ohio Department of Job and Family Services provided grants to help stabilize the child care industry. These grants have been exhausted and further funds will not be available. We have chosen to be very conservative with the funds to support our future school years. As we look ahead to 2024 and beyond, our goal is to go above and beyond, touch our children's lives, and strengthen the families at Jackson Children's Academy and Crosspoint United Methodist Church. Along with the current goals listed we are working to help the Crosspoint United Methodist Church, that we rent space from, financially. We are currently paying rent along with the church's mortgage. The school board along with the staff have deemed it important to stay in the current building. If the church fails we will not have a building to rent.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
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. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 83
  • Accountability: 55
  • Sustainability: 27
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.1%; rating input score 98
  • Program expense ratio: 84.4%; rating input score 84
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 19th 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: 66.7%; rating input score 67; 18th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: -17%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 13.2%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 8.2% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: -3.6% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 6.8% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 98.1% of revenue deployed · 84.4% of spending went to programs
  • Governance: 2 of 3 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $217K in reported program spending
  • Leadership: top reported pay $34K · 4 people listed
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.