Raze Development
Nonprofit profile at a glance
- EIN
- 863604301
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-N 2022
- Location
- Spokane, WA, USA
- Phone
- 5095873490
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $863,852
- Expenses
- $141,104
- Assets
- $2,255,633
- Liabilities
- $1,000,000
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Kerra Bower (President)
- Stephanie Noble Beans Sr (Vice President)
Highest reported compensation
- Kimberly Myles (Secretary): $6,075 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Raze Early Learning and Development Center demolishes the divisive and traumatic current narrative of the black student in education. Raze Early Learning and Development Center prioritizes family engagement and partnership by first acknowledging the parent as the cornerstone teacher. Secondly, by addressing Maslow's Hierarchy of needs-through community partnership and resources we ensure that our students are in optimal positions to reach their full potential. Through onsite culturally based mental and behavioral health supports we address the mental health disparities that students living in historically marginalized communities face. We provide culturally immersive, individualized curriculum and instruction that validates and affirms black culture. We employ culturally responsive teaching strategies that create psychologically safe environments, fosters understanding of differences, establishes self-worth and builds self-esteem, as well as create attainable high standards for our stu
What it reported doing in 2024
Conducting study groups, and research for a culturally appropriate child care setting.
Operating model
- Revenue model
- Grant-funded. 75% 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.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 40
- Transparency & Controls: 92
- Accountability: 48
- Sustainability: 83
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15.3%; rating input score 15
- Program expense ratio: 93.6%; rating input score 94
- 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: 83.3%; rating input score 83; 19th percentile among comparable filings
- Governance controls: 0 of 8 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 83.7%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 15.99; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.44; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 4.3%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: -38% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: 21.4% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 48.7% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 15.3% of revenue deployed · 93.6% of spending went to programs
- Governance: 5 of 6 board members independent · 0 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $132K in reported program spending
- Leadership: top reported pay $6K · 6 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 15/100.
- High — Accountability: Governance controls: 7 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 55/100.