Khepera Charter School
Nonprofit profile at a glance
- EIN
- 233060082
- IRS 990 coverage
- 2010–2014
- Forms available
- Form 990 2014
- Location
- Philadelphia, PA, USA
- Phone
- 2158431700
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $4,938,346
- Expenses
- $4,923,141
- Assets
- $1,681,696
- Liabilities
- $1,602,077
Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- RICHARD ISAAC (Board President)
People named in this filing
- RICHARD ISAAC (Board President)
- BARBARA GUERRERO (Board Secretary)
- RICHARD WHITE (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Khepera Charter School is organized
What it reported doing in 2014
Khepera charter school offers an extended day program with am and pm tutoring sessions. The school allows for 1 on 1 support with students and instructors for students who require targeted assistance.
Operating model
- Revenue model
- Earned-program. 87% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 23
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.1%; rating input score 68
- Program expense ratio: 68.4%; rating input score 68
- 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: 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: 0.3%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.95; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -1.9% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: -1.3% per year; rating input score 0; 25th percentile among comparable filings
Details
- Where the money goes: 68.1% of revenue deployed · 68.4% of spending went to programs
- Governance: 5 of 5 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $3.4M in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Highest-paid contractors: 1 contractor listed · $102K reported
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2010 to 2014
- 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 — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.