Education
(B29)
990 on File
IPAKANNI EARLY COLLEGE CHARTER SCHOOL
Financial strength (30%)
86/100
Reliability (20%)
50/100
Effectiveness (25%)
68/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2022
$1.6M
Total Revenue
$1.2M
Total Expenses
$791K
Net Assets
17
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.9%
Fundraising Efficiency
N/A
Operating Reserve
8.20x
Liability-to-Asset
8.6%
Revenue Diversification
99.1%
Executive Compensation
$122K
Compared with Peers
FY 2022
Compared with 9,118 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2022.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
70.9% | 84.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
29.1% | 13.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.2 mo | 8.2 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
8.6% | 22.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.1% | 91.1% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
47.6% | 12.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.4% | 21.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
28.8% | 6.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2022 | $1.6M | $1.2M | $791K | 70.9% | 17 |
| 2021 | $1.1M | $1.1M | N/A | — | 13 |
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