P at K Inc

Nonprofit profile at a glance

EIN
460859758
IRS 990-EZ coverage
2016–2018
Forms available
Form 990-EZ 2018
Location
Killington, VT, USA
Phone
8024223366
Rating
82
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$59,572
Expenses
$105,447
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • ELIZABETH HUGHES (DIRECTOR)
  • STEPHEN FINNERON (BOARD MEMBER)
  • JOAN WISE (BOARD MEMBER)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

At p@k, it is our mission to provide a caring environment with a strong support system and high academic standards to successfully educate the whole child: socially, emotionally, physically, and academically. We, the faculty, administrators, support staff, and school directors form a cohesive and collaborative learning community designed to educate the whole child. We strive to provide an educational environment that supports each child's development of a positive sense of self and high academic standards. We promote the integration of family, school, and community to encourage each child to meet his/her potential.

What it reported doing in 2018

To provide an educational environment that supports each child's development of a positive sense of self and high academic standards.

Operating model

Revenue model
Earned-program. 64% 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

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: 94
  • Transparency & Controls: 82
  • Sustainability: 5
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 84.5%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -77%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 57.1%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 2.4% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: -13.9% per year; rating input score 0; 21st percentile among comparable filings
  • Asset growth: -22.7% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 84.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $89K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2016 to 2018
  • 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.

  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.