Superlative Academy Inc

Nonprofit profile at a glance

EIN
823949322
IRS 990-EZ coverage
2021–2024
Forms available
Form 990 2022, Form 990-EZ 2024, Form 990-N 2022
Location
Charlotte, NC, USA
Phone
7042221723
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Specialized Education Institutions

Reported finances

Revenue
$164,154
Expenses
$149,336
Assets
$92,693
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • BRENDA CAMPBELL (PRESIDENT)
  • PATRICIA HORNSBY (VICE PRESIDENT)

People named in this filing

  • BRENDA CAMPBELL (PRESIDENT)
  • PATRICIA HORNSBY (VICE PRESIDENT)
  • TAKISHA COWLEY (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Child care assistance services

What it reported doing in 2024

Child care that provides well-rounded growth through educational and erichment programs in a year round setting that enhances learning for children

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 76
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.7%; rating input score 77
  • Program expense ratio: 84.3%; rating input score 84

Transparency & Controls

  • Consistency checks: 71.4%; rating input score 71; 0th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 9%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.62; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 1%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
  • Revenue growth: 13.1% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 83.5% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 76.7% of revenue deployed · 84.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $126K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Sustainability: Operating margin scored 56/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.