Silver Oaks Cooperative School Inc
Nonprofit profile at a glance
- EIN
- 821791736
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024, Form 990-EZ 2018
- Location
- Silver Spring, MD, USA
- Phone
- 5104725048
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $964,239
- Expenses
- $1,040,279
- Assets
- $124,292
- Liabilities
- $83,761
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- DAVID TURNER (PRESIDENT)
- STEPHANIE FELLER (VICE-PRESIDENT)
Highest reported compensation
- ALICIA CACACE (DIRECTOR): $68,787 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To operate an elementary school
What it reported doing in 2024
Elementary school
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 94% 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
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 94
- Accountability: 62
- Sustainability: 18
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.3%; rating input score 94
- Program expense ratio: 87.4%; rating input score 87
- Fundraising efficiency: $105.35 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings
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: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 22nd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- 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: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -7.9%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0.67; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 6.6%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: 24.2% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 24.8% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 20.1% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 94.3% of revenue deployed · 87.4% of spending went to programs
- Governance: 8 of 9 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $909K in reported program spending
- Leadership: top reported pay $69K · 9 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.