The Alfred and Adele Davis Academy Inc
Nonprofit profile at a glance
- EIN
- 581970181
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Atlanta, GA, USA
- Phone
- 7706710085
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
- Affiliation
- Judaism
Reported finances
- Revenue
- $20,248,664
- Expenses
- $18,367,474
- Assets
- $78,135,451
- Liabilities
- $9,261,031
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
57 people listed
Executive titles in this filing
- Brian Mand (Vice President)
- Jeff Hopkins (Vice President)
- Kevin Levingston (Vice President)
- Micah Goldstein (President)
- Stacey Rothberg (Vice President)
Highest reported compensation
- Amy Shafron (Head of School): $484,992 total reported compensation
- Drew Frank (Principal/Associate HOS): $254,655 total reported compensation
- Kim Rich (Chief Financial Officer): $226,129 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 an academically challenging environment with enriched curricula, integrating general academics and judaic studies from mechina kindergarten prep through eighth grade in a nurturing, secure environment, instructed by a faculty dedicated to excellence, children are encouraged to reach their highest potential. The davis academy strives to create a community in which children develop a life-long love for learning and a commitment to jewish life founded on morals, values, and ethics, grounded in torah.
What it reported doing in 2024
The corporation operated as a non-profit pre-k through eighth grade private school with 496 students in attendance.
Operating model
- Revenue model
- Earned-program. 78% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.
- 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. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 63
- Accountability: 98
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69%; rating input score 69
- Program expense ratio: 81.5%; rating input score 82
- Fundraising efficiency: $3.79 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 97.1%; rating input score 97; 31st percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: 9.3%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 4.25; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 8.6%; rating input score 26; 26th percentile among comparable filings
Growth
- Program expense growth: 6.5% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 13th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 69% of revenue deployed · 81.5% of spending went to programs
- Governance: 34 of 35 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $15M in reported program spending
- Leadership: top reported pay $485K · 57 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.7M reported
- Consistency: 38 of 38 current checks pass
- Schedules: 12 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 13 filing years from 2011 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: Foreign activity oversight scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 15/100.
- High — Sustainability: Officer compensation ratio scored 26/100.