Whites Innovative School of Enrichment Inc
Nonprofit profile at a glance
- EIN
- 272436713
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Cedar Hill, TX, USA
- Phone
- 9722930191
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $1,194,098
- Expenses
- $417,334
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- TOBITHA HOLMES (President)
People named in this filing
- TOBITHA HOLMES (President)
- RC CLACK (Chair)
- ALFIA WHITE (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of W.I.S.E. Academy is to exceed the needs of each student and our community by implementing the wholeness of health and education.
What it reported doing in 2024
Grants
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
REVIEW - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 15
- Transparency & Controls: 68
- Accountability: 24
- Sustainability: 54
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 10.2%; rating input score 10
- Program expense ratio: 29.3%; rating input score 29
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 75%; rating input score 75; 0th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: 65.1%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 11.5% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: -11.3% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 10.2% of revenue deployed · 29.3% of spending went to programs
- Governance: 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $70K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 10 current checks pass · 2 findings to review
- Schedules: 2 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- 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: Mission deployment rate scored 10/100.
- High — Financial Efficiency: Program expense ratio scored 29/100.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.