New Millennium Secondary School
Nonprofit profile at a glance
- EIN
- 392058044
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Gardena, CA, USA
- Phone
- 3109996162
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $2,373,463
- Expenses
- $2,777,370
- Assets
- $2,232,724
- Liabilities
- $364,419
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Highest reported compensation
- SAMANTHA NAVARRO (PRINCIPAL): $121,083 total reported compensation
- NICHOLE SIMS (CHIEF OPERATING OFFICER): $104,567 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To prepare students for success in the 21st century by providing a rigorous and relevant college-preparatory education that invests in talented human capital, utilizes cutting-edge technology, and strives to adapt public education to the "new millennium".
What it reported doing in 2024
The organization is committed to preparing students to become life-long learners and dynamic leaders in the competitive 21st century. Nmss utilizes innovative technology for classroom instruction and student assessment, focuses on hiring the most talented and experienced teachers, and emphasizes personalized and relevant education - preparing students to compete for educational and occupational advancement. Additionally, all students are provided with laptops and 24/7 on-demand learning opportunities. Organization is currently serving 145 students in grades 9th through 12.
Operating model
- Revenue model
- Grant-funded. 96% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 23
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95.7%; rating input score 96
- 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -17%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0.8; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 8.1%; rating input score 36; 36th percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: -1.7% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95.7% of spending went to programs
- Governance: 5 of 5 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2.7M in reported program spending
- Leadership: top reported pay $121K · 7 people listed
- Highest-paid contractors: 2 contractors listed · $264K reported
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 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 8/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Moderate — Sustainability: Officer compensation ratio scored 36/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.
- Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.