Lincoln Preparatory Academy

Overview

Mission

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Operating model

Revenue model

Grant-funded. 99% of the money available for current operations came from government grants.

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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

• Financial Efficiency: 72
• Transparency & Controls: 100
• Accountability: 91
• Sustainability: 25
• Growth: 100

Detailed rating inputs

Details

• Where the money goes: 84.4% of revenue deployed · 77.1% of spending went to programs
• Governance: 8 of 8 board members independent · 7 of 9 filing controls reported
• Programs: 1 filed program accomplishment · $2.5M in reported program spending
• Leadership: top reported pay $4K · 9 people listed
• Highest-paid contractors: 1 contractor listed · $1.6M reported
• Consistency: 26 of 26 current checks pass
• Schedules: 4 filed schedules
• Filing history: 4 filing years from 2013 to 2016
• 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.

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 — Sustainability: Operating margin scored 12/100.
• Review — Accountability: Governance controls: 2 of 9 not reported.
• Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
• High — Sustainability: Liabilities to assets ratio scored 2/100.
• High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.