Scholar Academies

Nonprofit profile at a glance

EIN
371582250
IRS 990-EZ coverage
2017–2018
Forms available
Form 990 2016, Form 990-EZ 2018
Location
Malvern, PA, USA
Phone
2155254141
Rating confidence
Limited
Sector
Charter Schools

Reported finances

Expenses
$213,602
Assets
$0
Liabilities
$0

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

Leadership & pay

6 people listed

People named in this filing

  • WINSTON CHURCHILL (CHAIRMAN)
  • JAMES LOVETT (VICE CHAIRMAN)
  • CHARLES FREYER (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-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Scholar academies is a non-profit, school management organization that existed to close the achievement gap and to contribute to national efforts to eradicate educational inequity. Scholar academies managed a network of high-performing schools that provide traditionally underserved, urban students with a meaningful, high-quality education.

What it reported doing in 2018

Scholar academies was established as a school management organization that existed to close the achievement gap and to contribute to national efforts to eradicate educational inequities. Scholar academies managed a network of high performing schools that provided traditionally underserved, urban students with a meaningful, high quality education. Specifically, scholar academies strived to improve educational equity by: a) operating schools that prepare students for the path to college and for entry into the workforce; b) acting as a thought partner with organizations to advance educational systems to positively impact students; and c) challenging the status quo and embracing innovation as a way to improve outcomes for students. Scholar academies' revenue primarily consisted of contributions, grants and management fees for managing schools in the philadelphia, Washington, dc, trenton, and recently expanded memphis areas and school district subsidies.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 10
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -62.5% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: -68.8% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 2 of 2 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2017 to 2018
  • Contacts: How to reach this organization
  • Money network: 3 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.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.