Victory Academy Inc

Nonprofit profile at a glance

EIN
364642494
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-EZ 2009
Location
Tualatin, OR, USA
Phone
5035700147
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Specialized Education Institutions

Official website

Reported finances

Revenue
$4,203,224
Expenses
$4,462,477
Assets
$8,189,208
Liabilities
$2,648,581

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

Leadership & pay

12 people listed

Highest reported compensation

  • TRICIA HASBROOK (DIR OF SCHOOL): $150,979 total reported compensation
  • THEA SCHREIBER (BOARD CHAIR): $124,022 total reported compensation
  • KRISTINA MONTGOMERY (LEAD TEACHER): $122,524 total reported compensation

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

Overview

Mission

Victory academys mission is to provide children affected by autism spectrum disorder with an integrated academic and therapeutic program, carefully designed to address an individuals strengths and challenges. Victory fosters the development of meaningful relationships and the achievement of life-long learning.

What it reported doing in 2024

Victory academy is a private, registered non-profit school approved by the Oregon department of education, and maintains active memberships with nais (national association of independent schools) and casp (council of autism service providers). Victory academy serves children, teens, and young adults affected by autism and related learning differences in grades k-12, offering a five-year high school program with both modified and Oregon diplomas. The compass program is a full-day year-round initiative that offers a robust menu of enrichment classes, activities, and work endeavors to its participants. Victory began its 16th year of operation in september 2024 with 69 k-12 students and 5 compass students. Victory also added to our existing facilities with the construction of a new, state of the art building dedicated to the compass program. The school is unique from most public-school settings in Oregon, as victory continues to operate year-round, seven hours per day, with low student to teacher ratios (approximately 1:3). In addition to its academic programs, victory offers specialized therapies and courses specifically designed to meet varied learning profiles. Offerings include applied behavior analysis, adapted physical education, art, alternative and augmentative communication, community-based instruction, occupational therapy, health and wellness, project-based learning, sensory integration, social skills, speech and language, transition services, and work experience. There is currently no other school model like victory in Oregon.

Operating model

Revenue model
Earned-program. 61% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 65
  • Accountability: 69
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.4%; rating input score 90
  • Program expense ratio: 85.1%; rating input score 85
  • Fundraising efficiency: $9.5 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 54.5%; rating input score 55; 8th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: -6.2%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 1.84; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.32; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 8.9%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 7.9% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 9.8% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 10.8% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 90.4% of revenue deployed · 85.1% of spending went to programs
  • Governance: 6 of 11 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.8M in reported program spending
  • Leadership: top reported pay $151K · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 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: Pay-setting controls scored 0/100.
  • Review — Accountability: Independent voting board scored 55/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
  • High — Sustainability: Operating margin scored 18/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.