Northside Achievement Zone

What it reported doing in 2024

The naz mission is to end multi-generational poverty in north minneapolis by building a culture of achievement where all low-income children of color have the support they need to graduate high school and succeed in college, career, and life.naz accomplishes this through partnerships with parents, scholars, community organizations, and schools. Founded in 2008, naz is a collaborative of more than 30 non-profit and educational institutions that have aligned programs and systems to encircle northside children and parents with all-encompassing support. Naz and it's partners are committed to building measurable and lasting change in a community with many strengths and assets, that has been plagued by racial discrimination and the resulting disparities in education, jobs, home ownership, and wealth creation. In fiscal year 2025, 1,222 families and 2,427 children were enrolled in naz.through naz, multiple generations of northsiders are leading themselves out of poverty. This is done through:-scholars focusing on building their own academic goals, and supported both in and outside of school-parents advocating for their children and actively leading them on a path to college and career, starting at birth-families being surrounded and supported by a team, including naz family achievement coaches who provide the connections they need to reach their goalsat the population level, our overall goal is to inspire and support scholars to achieve success through a results-based collaborative that tracks progress so that all north minneapolis children reach their full and unlimited potential.naz can report the following service numbers for our most recent fiscal year (july 2024-june 2025):-1,222 families and 2,427 scholars served by naz and its collaborative partners in north minneapolis-852 k-12 scholars were enrolled in in-school, out-of-school time, or other academic interventions-240 scholars access publicly and privately funded early childhood scholarships to maintain consistent enrollment in high-quality early learning settings-232 family academy graduations across all family academy classes, including foundations, college bound babies, ready to succeed, college bound scholars, and youth foundations-790 families engaged in family coaches with naz coaches-200 families have engaged in housing stability improvement planning, with 76 families meeting goals to improve stability-103 adults were supported through our career strategy and 111 adults were suported through our finance strategy

Financial Efficiency

• Mission deployment rate: 97.3%; rating input score 97
• Program expense ratio: 73.9%; rating input score 74
• Fundraising efficiency: $9.06 raised per $1 spent on fundraising; rating input score 35; 35th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Missing
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • 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: -29.9%; rating input score 3; 3rd percentile among comparable filings
• Total-asset coverage ratio: 1.05; rating input score 38; 38th percentile among comparable filings
• Liabilities to assets ratio: 0.14; rating input score 66; 66th percentile among comparable filings
• Officer compensation ratio: 10.9%; rating input score 17; 17th percentile among comparable filings

Growth

• Program expense growth: 6.6% per year; rating input score 100; 53rd percentile among comparable filings
• Revenue growth: 7.1% per year; rating input score 100; 60th percentile among comparable filings
• Asset growth: 14.8% per year; rating input score 100; 80th percentile among comparable filings