Education
(B24)
IRS Verified
DX Registered
990 on File
GRIFFIN TECHNOLOGY ACADEMIES
Financial strength (30%)
89/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
Griffin Academy ASB focuses fundraising for their senior year activities. These include: Senior Trip, Senior Week, Grad Night, Prom, Senior sunset and sunrise. Throughout the year students create different events, dances, and programs where students can participate and engage in building their school community. They start fundraising in their 9th grade year and continue until senior year. Not only do they raise funds, but they focus on building school culture through rallies, spirit weeks and assemblies.
Financial Overview — FY 2023
$20.9M
Total Revenue
$22.4M
Total Expenses
$12.6M
Net Assets
180
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
81.5%
Fundraising Efficiency
N/A
Operating Reserve
6.75x
Liability-to-Asset
47.8%
Revenue Diversification
98.6%
Executive Compensation
$352K
Compared with Peers
FY 2023
Compared with 3,578 similar organizations
(United States, Education, $10M–$100M in expenses), FY 2023.
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
|
81.5% | 84.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.5% | 13.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.8 mo | 10.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
47.8% | 34.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.6% | 87.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
22.6% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
19.3% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.4% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $20.9M | $22.4M | $12.6M | 81.5% | 180 |
| 2022 | $17.0M | $18.8M | $14.1M | 84.1% | 175 |
| 2021 | $19.6M | $16.2M | N/A | — | 202 |
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