Neighboring Academy
Nonprofit profile at a glance
- EIN
- 922700349
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Harrisburg, PA, USA
- Phone
- 7176095796
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $145,495
- Expenses
- $59,098
- Assets
- $98,897
- Liabilities
- $12,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CHAD W FREY (PRESIDENT)
People named in this filing
- CHAD W FREY (PRESIDENT)
- TIM RITTER (SECRETARY)
- RODNEY SAUDER (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support programs that develop students in under resourced school districts' to enhance civic engagement, financial literacy, personal well- being, problem solving, professional development, and opportunities for future home ownership.
What it reported doing in 2024
We work towards fulfilling the organization's mission by partnering with local medical and financial institutions to assist students with learning of professional opportunities, through in-school programs that help students engage in design creation and problem solving projects, and by providing income for participation in programs to help students cover costs and begin becoming financially responsible citizens.
Operating model
- Revenue model
- Donor-supported. 74% of the money available for current operations came from contributions and gifts.
- 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 total spending goes to programs. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 100
- Sustainability: 77
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 39.8%; rating input score 40
- Program expense ratio: 97.9%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 59.4%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 1.67; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 39.8% of revenue deployed · 97.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $58K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.