School Smart Kc Inc

Nonprofit profile at a glance

EIN
812090856
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Kansas City, MO, USA
Phone
8164061949
Rating
83
Verdict
STRONG
Rating confidence
Standard
Sector
Education N.E.C.

Reported finances

Revenue
$10,049,424
Expenses
$8,056,062
Assets
$12,044,134
Liabilities
$764,884

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

Leadership & pay

11 people listed

Executive titles in this filing

  • ANGELIQUE NEDVED (PRESIDENT & CEO)

Highest reported compensation

  • ANGELIQUE NEDVED (PRESIDENT & CEO): $312,535 total reported compensation
  • JOHN RANGEL (CHIEF PARTNERSHIP OFFICER): $149,875 total reported compensation
  • ROBIN HENDERSON (CHIEF PROGRAM OFFICER): $131,964 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

From our inception our mission has been to eliminate the achievement gap for students in Kansas city. (continued on schedule o)we recognize the existing obstacles and challenges that affect school performance in our city - and we are fueled in our work by the passion of our families, the commitment of our school leaders and educators, the growth in quality and performance in many of our schools, and the overwhelming potential that we see in every child in our classrooms. We know that together we are stronger, and we work with the entire education community to make a difference for our students.

What it reported doing in 2024

Schoolsmartkc formally launched in march of 2017 with the goal of closing the achievement gap for students in Kansas city. When we launched, 30% of public schools within the boundaries of the Kansas city public school district were performing in the bottom five percent of schools in the state of Missouri. Despite this challenge, sskc saw the potential of our community to work together in support of our schools through coordinated strategies to boost school performance and increase student success.(continued on schedule o)since our work started, working closely with community partners and our schools, schoolsmartkc has invested over $30 million into schools and education partners in Kansas city. These investments, which include direct support to 100% of school districts and leas in the city, have seen tangible improvements to schools in the form of new offerings, expanded programming, and improved technology in the hands of our students. They have also allowed for the development and expansion of deeper collective efforts to address issues surrounding family engagement, recruitment and retention of educators, and the critical need for pre-k solutions in our city.now, eight (8) years into our work, our resolve is stronger than ever. Together with the constantly growing group of allies supporting improved public education in Kansas city, we are focusing on harnessing our collective power to tackle the systemic issues that exist for students in Kansas city and continue to move the needle for every child attending a public school.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 41% for direct work, and 59% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - 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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 78
  • Accountability: 95
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.9%; rating input score 75
  • Program expense ratio: 91.9%; rating input score 92
  • Fundraising efficiency: $69.09 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 88.2%; rating input score 88; 2nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.4%; rating input score 99; 33rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 19.8%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 1.5; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 7.4%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: 11% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 7.5% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 74.9% of revenue deployed · 91.9% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $7.4M in reported program spending
  • Leadership: top reported pay $313K · 11 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $363K reported
  • Consistency: 33 of 35 current checks pass · 2 findings to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 37 filed money-flow records
  • Related organizations: 33 filed related-organization links
  • 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.

  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.