The Cor Deo School

Nonprofit profile at a glance

EIN
814164172
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Tacoma, WA, USA
Phone
2532400287
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12
Affiliation
Christianity

Official website

Reported finances

Revenue
$1,742,247
Expenses
$1,262,668
Assets
$2,399,141
Liabilities
$1,333,657

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

Leadership & pay

7 people listed

Highest reported compensation

  • Sarah McInnis (Head of School): $89,250 total reported compensation

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

Overview

Mission

Cor Deo's mission is to provide an exceptional classical education designed to cultivate wisdom, virtue, and a deep faith in Christ, equipping students to engage their world with purpose, reason, truth, and grace.

What it reported doing in 2024

Cor Deo approaches every activity and subject through the lens of God's love, and seeks to not only impart knowledge, but to also provide a strong spiritual foundation to each student. The school offers a challenging academic program centered on strong language, reading, writing, and critical thinking skills. With small class sizes, Cor Deo's exemplary teaching staff leads students through the school's core curriculum. Specialist classes are also an integral part of the school's program, offering physical education, Latin, music, and art.Cor Deo's outstanding faculty reflects excellence in teaching, competence and continued growth in scholarship and professional activity, as well as substantial and sustained service to the community.Cor Deo's ultimate goal is to develop students (and ultimately graduates) who demonstrate a range of important attributes: they love God with all their hearts, minds, souls and strength. They demonstrate mature Christian character and virtue. They graciously engage and influence their community with a Christian perspective. They listen thoughtfully, reason wisely, speak persuasively, and act intentionally. Finally, they have a passion for lifelong learning. During FY 24, Cor Deo served 124 students.

Operating model

Revenue model
Earned-program. 67% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 93% 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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 94
  • Accountability: 84
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.4%; rating input score 53
  • Program expense ratio: 75%; rating input score 75
  • Fundraising efficiency: $8.75 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings

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: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 27.5%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.9; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.56; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 7.1%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: 41.3% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 48.4% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 25.1% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 53.4% of revenue deployed · 75% of spending went to programs
  • Governance: 6 of 6 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $947K in reported program spending
  • Leadership: top reported pay $89K · 7 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2022 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 — Financial Efficiency: Mission deployment rate scored 53/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 34/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.