Williams Scholar Academy Inc
Nonprofit profile at a glance
- EIN
- 861793357
- IRS 990 coverage
- 2021–2021
- Forms available
- Form 990 2021
- Location
- Abbeville, LA, USA
- Phone
- 2254362777
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,705,629
- Expenses
- $1,844,621
- Assets
- $389,954
- Liabilities
- $502,315
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- DR ALLEN RANDLE SR (PRESIDENT)
People named in this filing
- JEFF COOK (VICE PRESIDE)
- JASON JONES (BOARD MEMBER)
- KIMBERLY LOCKLEY (BOARD MEMBER)
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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To foster college-ready graduates by providing a learning community where all scholars, regardless of learning style, limits, or abilities are empowered to become innovative thinkers through their learning experiences, which engages them in the interconnectedness of the academic disciplines with cultural, character, and social responsibility.
What it reported doing in 2021
To foster college-ready graduates by providing a learning community which engages them in the interconnectedness of the academic disciplines with cultural, character, and social responsibility.
Operating model
- Revenue model
- Grant-funded. 95% of the money available for current operations came from government grants.
- 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 90
- Accountability: 82
- Sustainability: 18
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.5%; rating input score 75
- Program expense ratio: 69.8%; rating input score 70
- Fundraising efficiency: Limited
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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- 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: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -8.1%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 1.29; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 75.5% of revenue deployed · 69.8% of spending went to programs
- Governance: 8 of 8 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.3M in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- 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 — Accountability: Governance controls: 3 of 7 not reported.
- High — Sustainability: Operating margin scored 13/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.