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Education : Scholarship and Financial Support

Achievement First

Public Charter Schools

three stars

85.00

495 Blake Street New Haven, CT 06515
tel: (203) 773-3223   Web Site
EIN: 65-1203744

Board Leadership
Andrew Boas
Chair

CEO
Doug McCurry & Dacia Toll
Co-Chief Executive Officers

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 85.00 three stars
  Financial 85.00 three stars
  Accountability & Transparency 85.00 three stars
This rating was published 02/01/2018 and includes data from FY2016, the most recent 990 received at that time.

Achievement First is a growing network of non-profit, high-performing, college-preparatory, K to 12 public charter schools. Originally established in 2003, Achievement First has grown into a network that includes 22 public charter schools in four cities. The mission of Achievement First is to deliver on the promise of equal educational opportunity for all of America's children. We believe that all children, regardless of race or economic status, can succeed if they have access to a great education. Achievement First schools provide all of our students with the academic and character skills they need to graduate from top colleges, to succeed in a competitive world and to serve as the next generation of leaders in our communities.

Achievement First is a growing network of non-profit, high-performing, college-preparatory, K to 12 public charter schools. Originally established in 2003, Achievement First has grown into a network that includes 22 public charter schools in four cities. The mission of Achievement First is to deliver on the promise of equal educational opportunity for all of America's children. We believe that all children, regardless of race or economic status, can succeed if they have access to a great education. Achievement First schools provide all of our students with the academic and character skills they need to graduate from top colleges, to succeed in a competitive world and to serve as the next generation of leaders in our communities.

Financial

three stars

85.00

Accountability & Transparency

three stars

85.00

This rating was published 02/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
92.6%
  Administrative Expenses 5.4%
  Fundraising Expenses 1.9%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 0.16
  Program Expenses Growth 10.1%
  Liabilities to Assets 52.6%
All data for Financial Performance Metrics calculations was provided by Achievement First on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Achievement First on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Achievement First (CT) 85.00 three stars
American Friends of IDC (NY) 86.56 three stars
Big Shoulders Fund (IL) 97.17 four stars
Nashville Public Education Foundation (TN) 91.31 four stars
Naval War College Foundation (RI) 94.08 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $23,318,462
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $23,318,462
   Program Service Revenue $21,962,665
Total Primary Revenue $45,281,127
   Other Revenue $338,386
TOTAL REVENUE $45,619,513
   
EXPENSES  
   Program Expenses $39,140,224
   Administrative Expenses $2,690,579
   Fundraising Expenses $1,036,430
TOTAL FUNCTIONAL EXPENSES $42,867,233
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,752,280
   
Net Assets $7,246,771

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Charter School Management $15,657,043 40.0%
School Grants $11,671,728 29.8%
Ancillary Services $1,648,110 4.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 02/01/2018 85.00 three stars
2015-06 11/01/2016 85.00 three stars
2014-06 06/01/2016 88.22 three stars
 
CN 2.0
2014-06 12/22/2015 90.33 four stars
2013-06 04/01/2015 93.58 four stars
2012-06 09/01/2014 92.24 four stars
2012-06 12/01/2013 90.19 four stars
2011-06 06/01/2013 91.21 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 65-1203744
Name in IRS Master File ACHIEVEMENT FIRST INC
NTEE Code B29
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status School 170(b)(1)(A)(ii)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 2004
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$258,405 0.60% Dacia Toll Co-CEO
Other Salaries of Note
$258,714 0.60% Douglas McCurry Co-CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Achievement First (CT) 85.00 three stars
Big Shoulders Fund (IL) 97.17 four stars
All Stars Helping Kids (CA) 90.68 four stars
Grand Island Public Schools Foundation (NE) 93.32 four stars
Highland Park Education Foundation (TX) 91.16 four stars

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Charity Contact Info

Achievement First
495 Blake Street
New Haven, CT 06515
tel: (203) 773-3223
fax: (203) 773-3221
EIN: 65-1203744

Visit Web Site

Board Leadership

Andrew Boas
Chair

CEO

Doug McCurry & Dacia Toll
Co-Chief Executive Officers

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