Southland College Prep Charter School Inc

Nonprofit profile at a glance

EIN
271619440
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Richton Park, IL, USA
Phone
7087488105
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$22,667,813
Expenses
$21,343,214
Assets
$16,666,625
Liabilities
$8,612,364

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

Leadership & pay

11 people listed

Executive titles in this filing

  • Dr Blondean Y Davis (Chief Executive Officer/Director)
  • Ron Bean (President)
  • Felix Simpkins (Vice President)

Highest reported compensation

  • Corey Levy (Director of Operations): $251,219 total reported compensation
  • Robert Lane (Director of College Recruitment): $246,460 total reported compensation
  • Iyuna Harris (Director of Special Education): $192,802 total reported compensation

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

Overview

Mission

Southland is committed to the following:-Preparing all students to select, enroll in, and succeed in graduating from a four-year college or university-Communicating clearly and openly with students and families-Creating an environment that enables all students to achieve their educational potentials, incorporating data-driven strategies proven to support the maximization of student learning-Creating relevant, rigorous and interactive learning experiences-Assisting students in intellectual, emotional, and social development-Stimulating inquiry and discovery-Tailoring curriculum to meet the students' interests and needs-Providing immersion in workplace and cultural experiences-Treating students and their families with the concern, compassion and respect which befit our shared commitment to one another as we guide our children on their educational journeys

What it reported doing in 2024

Southland College Prep Charter School is unique in that students must take 4 years of English, mathematics, science, social science, world language, technology, fine arts, and physical education in order to graduate. All students are expected to apply to and be admitted to one or more colleges or universities. Once there, we expect each and every one of them to graduate. Beginning with the 2024-2025 school year, the enrollment was approximately 586 students.

Operating model

Revenue model
Grant-funded. 99% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 65
  • Accountability: 94
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.6%; rating input score 72
  • Program expense ratio: 76%; rating input score 76
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • 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; 66th percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.8%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.78; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.52; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 4.5%; rating input score 55; 55th percentile among comparable filings

Growth

  • Program expense growth: 8% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 8.9% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 19.2% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 71.6% of revenue deployed · 76% of spending went to programs
  • Governance: 6 of 6 board members independent · 6 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $16.2M in reported program spending
  • Leadership: top reported pay $251K · 11 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2M reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: Document-retention policy not reported.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.
  • Review — Sustainability: Officer compensation ratio scored 55/100.