St Louis College Prep
Nonprofit profile at a glance
- EIN
- 272404683
- IRS 990 coverage
- 2011–2016
- Forms available
- Form 990 2016, Form 990-N 2010
- Location
- St Louis, MO, USA
- Phone
- 3145613440
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Secondary, High School
Reported finances
- Revenue
- $4,563,417
- Expenses
- $4,404,553
- Assets
- $1,925,379
- Liabilities
- $1,905,228
Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Steve Singer (President)
- Lynn Yearwood (Vice President)
People named in this filing
- Steve Singer (President)
- Ryan Blackburn (Treasurer)
- Lynn Yearwood (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to prepare scholars to enter college, succeed in college, and graduate from college by challenging students academically and emphasizing the importance of character and community responsibility.
What it reported doing in 2016
St. Louis College Prep is a tuition-free, public charter, college prep middle and high school in the City of St. Louis. We provide free education and transportation to 320 scholars 6th through 10th grade. Our student population is as socio-economically and racially diverse as St. Louis itself.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 92
- Accountability: 94
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.6%; rating input score 74
- Program expense ratio: 76.2%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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; 64th 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: Pass
- 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: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.5%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.99; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 93; 93rd percentile among comparable filings
Growth
- Program expense growth: 20.4% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 27.1% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 47% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 73.6% of revenue deployed · 76.2% of spending went to programs
- Governance: 9 of 9 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $3.4M in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Highest-paid contractors: 4 contractors listed · $552K reported
- Consistency: 27 of 27 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 5 filing years from 2011 to 2016
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Review — Sustainability: Operating margin scored 52/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.