Near West Intergenerational School
Nonprofit profile at a glance
- EIN
- 272054109
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Cleveland, OH, USA
- Phone
- 2169614308
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $4,331,159
- Expenses
- $3,472,387
- Assets
- $7,019,661
- Liabilities
- $3,571,232
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Highest reported compensation
- April Maimone (Principal): $96,750 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See Schedule O attached
What it reported doing in 2024
The Intergenerational School connects, creates and guides a multigenerational community of lifelong learners and spirited citizens. It serves student K-8 with an innovative development approach that includes real life experiences and community relationships. The Intergenerativity Project was a month long collaboration between the Intergenerational School community-board members, mentors, students, teachers and students, as well as the Story of Bright Theater Art Company. Using the Story Bridge process, multiple stories were collected from our community members ages 6-90 and were brought to life in an interactive place that featured a promenade of vignettes(with our own students, parents, and volunteers as actors) and a community of dance for all participants. The Intergenerational Schools are also recipients of a nation generation-especially seniors and youth-bring about positive, lasting changes in their communities. Each multi-age classroom(spanning 3-4 years of age and varied abilities), creates a dynamic and individualized learning environment where everyone can both a teacher and a learner. Progressing at their own place, students move fluidly through developmental stages based on mastery (no social promotion). Students regularly interact with diverse adults and elders who participate as mentors, tutors, and co-learners. Community partnerships are key and every class adopts a long-term residents fir regular visits and activities.
Operating model
- Revenue model
- Grant-funded. 83% 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 100
- Accountability: 84
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.1%; rating input score 63
- Program expense ratio: 76%; rating input score 76
- Fundraising efficiency: Limited
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; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 19.8%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 2.02; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.51; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 4.7% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 16.3% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 63.1% of revenue deployed · 76% of spending went to programs
- Governance: 7 of 7 board members independent · 5 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $2.6M in reported program spending
- Leadership: top reported pay $97K · 9 people listed
- Highest-paid contractors: 5 contractors listed · $908K reported
- Consistency: 21 of 23 current checks pass · 2 findings to review
- Schedules: 5 filed schedules
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Moderate — Transparency & Controls: Fund balance restriction sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule D other liabilities reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 21/100.