Education
(B29)
IRS Verified
DX Registered
990 on File
VAUGHN NEXT CENTURY LEARNING CENTER
Financial strength (30%)
82/100
Reliability (20%)
50/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$69.8M
Total Revenue
$57.8M
Total Expenses
$205.4M
Net Assets
659
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.6%
Fundraising Efficiency
127.4%
Operating Reserve
42.66x
Liability-to-Asset
12.0%
Revenue Diversification
97.0%
Executive Compensation
$749K
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
|
84.6% | 84.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.3% | 13.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.7% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
127.4% | 631.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
42.7 mo | 10.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
12.0% | 34.2% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.0% | 87.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
17.1% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.2% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
17.3% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $69.8M | $57.8M | $205.4M | 84.6% | 659 |
| 2022 | $59.6M | $52.9M | $189.8M | 84.6% | 611 |
| 2021 | $104.4M | $43.9M | N/A | — | 596 |
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