Nittany Valley Charter School Inc
Nonprofit profile at a glance
- EIN
- 251813465
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- State College, PA, USA
- Phone
- 8148673842
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $1,222,131
- Expenses
- $1,244,719
- Assets
- $1,363,474
- Liabilities
- $767,330
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- AIMEE PARMELEE (PRESIDENT)
- HEATHER MCINTOSH (VICE PRESIDENT)
Highest reported compensation
- MATT DASHEM (BUSINESS MANAGER): $77,922 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 provide a flexible learning environment with small classes and a high teacher-student ratio where individualized instructional programs are designed to meet the needs of the whole child. We believe that school must be able to accommodate each child's individual learning style and developmental pace, and respond not only to their intellectual needs, but also equally importantly to their emotional, social, and physical needs.to provide opportunities for students to interact with a variety of instructional materials, as well as to stress the importance of learning from each other, from adults, and from community resources. We believe experiences outside the traditional classroom setting are an essential component of learning.
What it reported doing in 2024
We educate 52 students in grades kindergarten through 6th grade, following the pa state standards and curriculum, including an environmental education program that offers hands-on learning outside the traditional classroom. The high certified teacher to student ratio allows for an individualized approach to education that focuses on the academic, physical, social and emotional needs of each child.
Operating model
- Revenue model
- Earned-program. 91% 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 90
- Accountability: 95
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.8%; rating input score 71
- Program expense ratio: 70.6%; rating input score 71
- 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: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.8%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 1.1; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.56; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 6.3%; rating input score 49; 49th percentile among comparable filings
Growth
- Program expense growth: 5.7% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 3.2% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 70.8% of revenue deployed · 70.6% of spending went to programs
- Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $879K in reported program spending
- Leadership: top reported pay $78K · 11 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules
- Filing history: 15 filing years from 2010 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 30/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Moderate — Sustainability: Officer compensation ratio scored 49/100.