Stratford Academy Inc

Nonprofit profile at a glance

EIN
580831002
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Macon, GA, USA
Phone
4784778073
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Primary, Elementary Schools

Official website

Reported finances

Revenue
$15,147,523
Expenses
$17,233,628
Assets
$31,519,968
Liabilities
$5,458,550

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

Leadership & pay

24 people listed

Highest reported compensation

  • DR RACHEL ADAMS (HEAD OF SCHO): $319,969 total reported compensation
  • JANET REFIOR (HEAD OF FINA): $195,067 total reported compensation
  • PATRICK SNEAD (HEAD OF MIDD): $159,206 total reported compensation

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

Overview

Mission

Stratford academy is an independent, non-sectarian, college preparatory school for students in pre-kindergarten through grade twelve. Guided by the motto, "freedom for excellence", stratford provides a superior education for students with diverse backgrounds and talents and develops responsible, ethical, life-long learners. In partnership with families, students, and faculty, stratford - provides opportunities for students to develop their individual abilities and skills within the context of a rigorous curriculum. - builds character and integrity by offering students a variety of ethical and cultural perspectives through the curriculum and service to the school and community. - encourages students to engage in a wide range of academic, athletic, fine arts, and service-related activities. - inspires leadership and prepares students for responsible stewardship and citizenship.

What it reported doing in 2024

The organization provides a superior education for students with diverse backgrounds and talents and develops responsible, ethical, life-long learners. In partnership with families, students, and faculty, stratford - provides opportunities for students to develop their individual abilities and skills within the context of a rigorous curriculum. - builds character and integrity by offering students a variety of ethical and cultural perspectives through the curriculum and service to the school and community. - encourages students to engage in a wide range of academic, athletic, fine arts, and service-related activities. - inspires leadership and prepares students for responsible stewardship and citizenship.

Operating model

Revenue model
Earned-program. 90% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 65
  • Accountability: 100
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79%; rating input score 79
  • Program expense ratio: 70.8%; rating input score 71
  • Fundraising efficiency: $30.29 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings

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: 9 of 9 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -13.8%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 1.83; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 6.8%; rating input score 37; 37th percentile among comparable filings

Growth

  • Program expense growth: 3.4% per year; rating input score 100; 29th percentile among comparable filings
  • Revenue growth: 1.7% per year; rating input score 100; 16th percentile among comparable filings
  • Asset growth: 3.9% per year; rating input score 100; 28th percentile among comparable filings

Details

  • Where the money goes: 79% of revenue deployed · 70.8% of spending went to programs
  • Governance: 17 of 17 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $12.2M in reported program spending
  • Leadership: top reported pay $320K · 24 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.1M reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 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.
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 7/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • Moderate — Sustainability: Officer compensation ratio scored 37/100.