Major College and Career Prep Corp Ambassador Arts Academy

Nonprofit profile at a glance

EIN
831049077
IRS 990-EZ coverage
2019–2023
Forms available
Form 990-EZ 2023
Location
Atlanta, GA, USA
Phone
8505903007
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Remedial Reading, Reading Encouragement

Official website

Reported finances

Revenue
$18,593
Expenses
$17,268
Assets
$1,719

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • MAJOR WHITLOW (PRESIDENT)

People named in this filing

  • MAJOR WHITLOW (PRESIDENT)
  • SHANNON ROSIER (TREASURER)
  • MARLITA HILL (VP)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Committed to guiding today's youth & young adults on a path to success

What it reported doing in 2023

Our vision is for every student to fulfill and live out their full potential through education, training and mentorship. We believe that through academic enrichment and guidance students can successfully become a college graduate, train for their desired career, and contribute to a healthy society. At major college & career prep, we are here to give our next generation the support they need in order to shape them into future leaders. Our vision is to serve the community by helping to develop pathways to employment success through higher education and/or technical training. These leadership initiatives are to adequately inform and prepare students to successfully complete their degree and/or certification, allowing them to fulfill their purpose and make an impact on the world.

Operating model

Revenue model
Earned-program. 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 38
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.9%; rating input score 93
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7.1%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -16.8% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: 16.1% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: -30.8% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 92.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $17K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2019 to 2023
  • 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.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.