The Humanist Academy
Nonprofit profile at a glance
- EIN
- 810993772
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Irving, TX, USA
- Phone
- 7082759472
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $892,421
- Expenses
- $774,478
- Assets
- $909,313
- Liabilities
- $91,745
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- VIJAY SHAH (PRESIDENT)
Highest reported compensation
- VIJAY SHAH (PRESIDENT): $83,650 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 inspire each child who enters our doors to find a calling that will change the world.
What it reported doing in 2024
The humanist academy is a non-profit private school that offers a world-class education to a diverse community of 54 learners at a tuition rate almost half the cost of other private schools in the area inspired by acton academy in austin, our innovative model emphasizes hands on, experiential learning, in a multi-aged classroom of young heroes who take the responsibility of learning into their own hands. Using the latest in educational technology and integrating montessori materials, the humanist academy provides an individualized and self-paced curriculum that allows students to learn at their own pace, usually above and beyond traditional classrooms. Through inspiring socratic discussions, life-oriented quests (similar to project-based learning), community exhibitions, and daily goal setting.
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- 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
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 100
- Accountability: 70
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.5%; rating input score 81
- Program expense ratio: 96.2%; rating input score 96
- Fundraising efficiency: $2.52 raised per $1 spent on fundraising; rating input score 7; 7th 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 14th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 13.2%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 1.17; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 10.8%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 19.9% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 20.7% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 30.5% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 81.5% of revenue deployed · 96.2% of spending went to programs
- Governance: 2 of 3 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $745K in reported program spending
- Leadership: top reported pay $84K · 3 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 7 filing years from 2016 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.
- High — Financial Efficiency: Fundraising efficiency scored 7/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.