North Star Academy Chartered Public School
Nonprofit profile at a glance
- EIN
- 931368455
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024
- Location
- Ossipee, NH, USA
- Phone
- 6033127895
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $609,243
- Expenses
- $285,622
- Assets
- $871,245
- Liabilities
- $296,680
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Highest reported compensation
- ADRIEN YULE (OFFICER): $52,893 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 primary goal of north star academy, a chartered public school, is to build on the principles of classical, socratic education. From astrophysics to music, or from poetry to robotics, our teaching will illuminate the common principles that connects all subject matters, such as symmetry, dynamics, and potential. North star academy aims to establish research based learning with an emphasis on deriving lessons from original sources. Understanding the characteristics of historic individuals will be emphasized and explored in the context of their contributions to western civilization. Utilizing a well rounded curriculum, students will master their own abilities, knowledge, and confidence, setting them on a path to becoming leaders and contributors to New Hampshire's innovation and growth. This developmental path will provide the students a moral and intellectual impetus to increase their responsibility for their life and the world around them.
What it reported doing in 2024
To provide each student the crucial intellectual and emotional development that is necessary to lead in the modern world. North star academy seeks to equip students with a scientific method to navigate and address the vast challenges in life. Additionally, students will understand and appreciate american history, promote our country's founding principles, and engage in civil service. Finally, each student will achieve their highest level of intellectual, artistic expression.
Operating model
- Revenue model
- Grant-funded. 74% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 92
- Accountability: 79
- Sustainability: 70
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0.5%; rating input score 0
- Program expense ratio: 1%; rating input score 1
- 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: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 53.1%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 3.05; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 18.5%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: 22.6% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: -2.4% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 0.5% of revenue deployed · 1% of spending went to programs
- Governance: 5 of 5 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $3K in reported program spending
- Leadership: top reported pay $53K · 7 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 8 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 1/100.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 17/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.