Southeast Atlanta Charter Middle

Nonprofit profile at a glance

EIN
651195007
IRS 990 coverage
2009–2009
Forms available
Form 990 2009
Location
Atlanta, GA, USA
Phone
6789040051
Rating confidence
Limited
Sector
Secondary, High School

Official website

Reported finances

Revenue
$2,127,483
Expenses
$1,993,243
Assets
$2,184,923
Liabilities
$1,313,710

Source: IRS Form 990. Selected filing: tax year 2009. Amounts in USD.

Leadership & pay

4 people listed

Source: IRS Form 990. Selected filing: tax year 2009. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the school is to create a small, focused, and diverse middle school that nurtures the whole child through strong parental and community involvement and challenging academics. The school is open to all students within the atlanta public school district.

What it reported doing in 2009

Southeast atlanta charter middle school was formed on june 20, 2003. It was granted a charter by the board of education of the city of atlanta in july 2005 for the five year period ending june 30, 2010, permitting the school to operate as a charter school under the atlanta public school system. The charter renewal was approved on june 30, 2010 for another five year term. For the 2009-2010 school year southeast atlanta charter middle served 159 students in the 6th, 7th, & 8th grade.

Operating model

Revenue model
Grant-funded. 92% of the money available for current operations came from government grants.
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: 90
  • Accountability: 100
  • Sustainability: 56
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

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

Sustainability

  • Operating margin: 6.3%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 1.1; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.6; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 5%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.8M in reported program spending
  • Leadership: top reported pay $101K · 4 people listed
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Moderate — Sustainability: Officer compensation ratio scored 43/100.