Mississippi Charter Schools Association

Nonprofit profile at a glance

EIN
463251856
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Jackson, MS, USA
Phone
6014793707
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Education N.E.C.

Reported finances

Revenue
$3,160
Expenses
$569,596
Assets
$248,560
Liabilities
$7,969

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

Leadership & pay

5 people listed

Executive titles in this filing

  • RACHEL CANTER (FORMER PRESIDENT)
  • JONAS CRENSHAW (FORMER EXECUTIVE DIRECTOR)

Highest reported compensation

  • JONAS CRENSHAW (FORMER EXECUTIVE DIRECTOR): $108,000 total reported compensation

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

Overview

Mission

The Mississippi charter schools association drives the development and growth of high-quality public charter schools through school support, advocacy, and outreach.

What it reported doing in 2024

Overview: the Mississippi charter schools association (mcsa) has made a lot of progress on Mississippi accountability scores for each charter school. There are significant achievements and improvements in the accountability scores for the 2023-2024 academic year, reflecting the impact of mcsa's focused efforts on data coaching, curriculum development, assessment resources, and direct student support. Accountability scores:- six out of seven schools experienced an increased in their letter grade. - two schools, ambition prep and smilow prep, demonstrated exceptional progress by increasing their grades by two letters. - the improvements in these scores are a clear reflection of the strategic investments made in educational resources and student support systems. Continuing the gains: as a result of the impressive gains reflected in this year's data, all means all consulting, llc. Has been retained to sustain and build upon these achievements. In the first month (august 2024) of the new contract, mcsa has already accomplished several critical tasks to ensure continued progress:1. Data analysis and verification: mcsa completed a thorough analysis of the data prior to the state's official letter grade release. This involved verifying state accountability files and school level projections to ensure accuracy and alignment. 2. Data system alignment: mcsa has successfully aligned data systems across all schools to streamline information management and reporting processes. 3. Professional learning: bi-monthly professional learning sessions for english teachers across all schools have been scheduled, focusing on enhancing instructional strategies and student outcomes. 4. Data protocols for leadership: mcsa established data protocols for the quarterly all-schools data meetings, ensuring that school leadership teams are equipped to make informed, data-driven decisions. Conclusion: the 2023-2024 accountability scores represent a significant achievement for the charter schools. The progress made is a result of the collective efforts of the charter leaders, educators, and students, supported by strategic interventions of all means all consulting, llc. These results serve as a strong foundation for future success and excellence in education. Mcsa conducted a detailed school-by-school analysis of the interim data from the first weeks of school and monitored progress of the leaders at the october 17th first in-person all schools leadership meeting.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 90
  • Accountability: 95
  • Sustainability: 9
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 76.3%; rating input score 76
  • Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -17,925.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 19%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 90.8% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: -198.8% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -107.5% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 76.3% of spending went to programs
  • Governance: 4 of 4 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $435K in reported program spending
  • Leadership: top reported pay $108K · 5 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.