Paul R Brown Leadership Academy Inc
Nonprofit profile at a glance
- EIN
- 461760632
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Elizabethtown, NC, USA
- Phone
- 9108623054
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $2,697,818
- Expenses
- $2,768,497
- Assets
- $527,194
- Liabilities
- $65,639
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- Michael Wells (Member)
- Scott Johnson (Member)
- Joyce McLaughlin (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Operation of a public charter school.
What it reported doing in 2024
Operated as a charter school in Elizabethtown, NC serving approximately 203 students for the fiscal year June 30, 2025.
Operating model
- Revenue model
- Earned-program. 84% 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 90
- Accountability: 94
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.8%; rating input score 74
- Program expense ratio: 71.9%; rating input score 72
- 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: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.6%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 7.3% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 10.9% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 29% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 73.8% of revenue deployed · 71.9% of spending went to programs
- Governance: 8 of 8 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $2M in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 4 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.