The Educator Academy Inc

Nonprofit profile at a glance

EIN
475135488
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-N 2015
Location
Kansas City, MO, USA
Phone
8162985660
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Education N.E.C.

Reported finances

Revenue
$2,701,057
Expenses
$3,863,831
Assets
$7,098,544
Liabilities
$376,586

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

Leadership & pay

16 people listed

Executive titles in this filing

  • CHARLES KING (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • CHARLES KING (CHIEF EXECUTIVE OFFICER): $138,979 total reported compensation
  • BETH BENKERT (CHIEF OPERATING OFFICER): $122,541 total reported compensation
  • LESLIE MCTIGHE (CHIEF PROGRAM OFFICER): $117,415 total reported compensation

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

Overview

Mission

We recruit, cultivate, support, and retain a diverse network of empowered and effective educators. We prepare teachers to create transformative and equitable classroom experiences for all students in the communities we serve.

What it reported doing in 2024

The educator academy recruits, prepares, places, and retains passionate individuals to join the teaching profession. We strive to develop these teachers into effective, compassionate, and antiracist educators who work to ensure kids receive a quality education. We do this through a teacher residency model, which allows residents to hone their teaching skills by serving as americorps members in mentor teachers' classrooms for a full school year. Residents earn their teaching certification, receive instructional coaching, engage in coursework, and participate in and benefit from their americorps membership. This rigorous development model helps our resident teachers become the educators the students of Kansas city deserve. (continued on schedule o) in addition to our teacher residency program, we prepare teachers through a fellowship model as well. Through this program, we take individuals with significant experience in classrooms and provide training and development necessary for teacher certification. We leverage best practices that we have employed since inception for teacher preparation such as instructional coaching and rigorous coursework within a cohort model. This strong development program helps our fellows become the educators the students of Kansas city deserve.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 96% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 94
  • Accountability: 91
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 72.8%; rating input score 73
  • Fundraising efficiency: $6.05 raised per $1 spent on fundraising; rating input score 22; 22nd 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; 72nd 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: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • 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: -43%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 1.84; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 12.8%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 3.1% per year; rating input score 100; 28th percentile among comparable filings
  • Revenue growth: 5.7% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: 28.7% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 72.8% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.8M in reported program spending
  • Leadership: top reported pay $139K · 16 people listed
  • Consistency: 35 of 35 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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 — Financial Efficiency: Fundraising efficiency scored 22/100.
  • High — Sustainability: Operating margin scored 3/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.