San Joaquin a Plus Inc

Nonprofit profile at a glance

EIN
510536117
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-EZ 2019
Location
Stockton, CA, USA
Phone
2095932333
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Remedial Reading, Reading Encouragement

Reported finances

Revenue
$2,517,185
Expenses
$1,994,625
Assets
$9,444,108
Liabilities
$89,356

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • DON SHALVEY (CO-CEO/BOARD PRESIDENT (THRU 3/24))
  • KAI KUNG (CEO)

Highest reported compensation

  • KAI KUNG (CEO): $312,442 total reported compensation
  • SHAYLA WALKER (SENIOR DIRECTOR OF CAREER CONNECTED LEARNING): $141,000 total reported compensation
  • KARA BACKMAN (SENIOR DIRECTOR OF SCHOOL): $135,000 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 exempt purpose is to support and enhance the education of the community's youth and to create responsible, employable and productive citizens through tutorial and other services and the teaching of school literacy, school readiness, and parent education.

What it reported doing in 2024

San joaquin a+ partners with local families, education, and workforce partners to set a vision for how our community can streghten the link between education and the economy, to ensure that more of our young people are graduating high school with the knowledge, skills, credentials and capital they need to secure family-sustaining jobs by the age of 26.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 79
  • Accountability: 95
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.3%; rating input score 63
  • Program expense ratio: 74.5%; rating input score 74
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • 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: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 20.8%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 4.73; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 86; 86th percentile among comparable filings
  • Officer compensation ratio: 35.3%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 32.6% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 30.4% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 36.6% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 63.3% of revenue deployed · 74.5% of spending went to programs
  • Governance: 4 of 4 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.5M in reported program spending
  • Leadership: top reported pay $312K · 8 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $486K reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • High — Sustainability: Officer compensation ratio scored 4/100.