Young Scholars of Greater Allegheny Charter School
Nonprofit profile at a glance
- EIN
- 474216521
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- McKeesport, PA, USA
- Phone
- 4126737300
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $7,123,389
- Expenses
- $7,377,644
- Assets
- $6,231,278
- Liabilities
- $2,601,621
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Adam Kenz (President)
- Adam Cengiz (CEO)
- David Aiden (Former CEO)
Highest reported compensation
- David Aiden (Former CEO): $90,092 total reported compensation
- Adam Cengiz (CEO): $78,694 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 establish a unique, proactive alternative to traditional public education which provides an ideal environment for the intellectual & social development of its students
What it reported doing in 2024
Charter school for students in grades Kingergarten through Eighth. Mission is to teach multiple critical world languages by providing a learning environment enhanced by individualized education approaches and technology
Operating model
- Revenue model
- Earned-program. 82% 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. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 90
- Accountability: 95
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.8%; rating input score 88
- Program expense ratio: 84.7%; rating input score 85
- 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: 7 of 8 controls in place; rating input score 88
- 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: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.6%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 0.84; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.42; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 2.3%; rating input score 74; 74th percentile among comparable filings
Growth
- Program expense growth: 16.6% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 14.1% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 23% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 87.8% of revenue deployed · 84.7% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $6.2M in reported program spending
- Leadership: top reported pay $90K · 9 people listed
- Consistency: 38 of 38 current checks pass
- Schedules: 5 filed schedules
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Sustainability: Operating margin scored 23/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.