South Florida Academy of Learning Inc
Nonprofit profile at a glance
- EIN
- 650635581
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Pompano Beach, FL, USA
- Phone
- 9544277788
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $3,693,437
- Expenses
- $2,100,908
- Assets
- $10,455,669
- Liabilities
- $2,935,156
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Highest reported compensation
- Baila Gansburg (Director): $42,000 total reported compensation
- Menachem Gansburg (Director): $20,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Operated a non-sectarian school in order to provide compulsoray educational insturction and its associated services. The school has about 100 students enrolled. Exceptional Student Education ESE calssroom services were expanded to accomodate K-8th grades offering individualized instruction.
What it reported doing in 2024
Operated a non-sectarian school in order to provide compulsoray educational insturction and its associated services. The school has about 200 students enrolled. Exceptional Student Education ESE calssroom services were expanded to accomodate K-8th grades offering individualized instruction.
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 99% 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 - The filed numbers largely add up and a large share of total spending goes to programs. 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: 64
- Transparency & Controls: 92
- Accountability: 91
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48%; rating input score 48
- Program expense ratio: 81%; rating input score 81
- Fundraising efficiency: $785.21 raised per $1 spent on fundraising; rating input score 97; 97th 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: 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 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 43.1%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 4.98; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 3%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 10.2% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 14.2% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 8.4% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 48% of revenue deployed · 81% of spending went to programs
- Governance: 2 of 2 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.7M in reported program spending
- Leadership: top reported pay $42K · 4 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.