The Academy Of Tucson
Nonprofit profile at a glance
- EIN
- 860544519
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Tucson, AZ, USA
- Phone
- 5207330096
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
Reported finances
- Revenue
- $6,643,833
- Expenses
- $5,791,776
- Assets
- $8,376,439
- Liabilities
- $6,906,241
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- HOWARD C STEWART (PRESIDENT)
Highest reported compensation
- WENDI ALLARDICE (SUPERINTENDENT): $106,841 total reported compensation
- HOWARD C STEWART (PRESIDENT): $72,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide a quality education for students characterized by: a sound college preparatory curriculum; a faculty of educated, respected, encouraging and caring teachers; a safe and supportive environment for learning.
What it reported doing in 2024
To provide a quality education for students characterized by: a sound college preparatory curriculum; a faculty of educated, respected, encouraging and caring teachers; a safe and supportive environment for learning; a communicative & accountable administration. Prepare students for citizenship in: knowledge-based global economy; a democratic and multicultural country; a free and open society. Graduate students whom: show respect for themselves and others; take responsibility for themselves; practice positive leadership; value educational preparation and lifelong learning; become responsible, contributing citizens.
Operating model
- Revenue model
- Grant-funded. 96% 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. Some filing-based governance responses are negative or unanswered and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 90
- Accountability: 79
- Sustainability: 55
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.2%; rating input score 78
- Program expense ratio: 88.9%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 80%; rating input score 80; 14th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.8%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 1.45; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.82; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 3.1%; rating input score 68; 68th percentile among comparable filings
Growth
- Program expense growth: 1.5% per year; rating input score 100; 19th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: -0.5% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 78.2% of revenue deployed · 88.9% of spending went to programs
- Governance: 4 of 5 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5.1M in reported program spending
- Leadership: top reported pay $107K · 6 people listed
- Highest-paid contractors: 1 contractor listed · $106K reported
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.