Is Achievement First Brooklyn Charter…

Quick charity verification for Achievement First Brooklyn Charter Schools (EIN: 205118947)

Strengths

Strong and consistent revenue growth, increasing from $19.6M in 2015 to over $181M in 2023.
Consistent financial surpluses, with revenues exceeding expenses in most recent years (e.g., $181.5M revenue vs. $170M expenses in 2023).
Significant asset accumulation, growing from $1.9M in 2015 to $82.3M in 2023, indicating strong financial management.
Low liabilities relative to assets, suggesting good financial stability (e.g., $12M liabilities vs. $82M assets in 2023).

Spending Breakdown

How Achievement First Brooklyn Charter Schools allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Achievement First Brooklyn Charter Schools

Is Achievement First Brooklyn Charter Schools a legitimate charity?

Based on AI analysis of IRS 990 filings, Achievement First Brooklyn Charter Schools (EIN: 205118947) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Achievement First Brooklyn Charter Schools a good charity to donate to?

Achievement First Brooklyn Charter Schools has a Mission Score of 90/100. Revenue: $191.7M. Assets: $166.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Achievement First Brooklyn Charter Schools?

The Employer Identification Number (EIN) for Achievement First Brooklyn Charter Schools is 205118947. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Achievement First Brooklyn Charter Schools spend its money?

Achievement First Brooklyn Charter Schools allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Achievement First Brooklyn Charter Schools's tax-exempt status?

You can verify Achievement First Brooklyn Charter Schools's tax-exempt status using EIN 205118947 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Achievement First Brooklyn Charter Schools demonstrates strong financial health and consistent growth in revenue and assets over the past decade. In the 2023 fiscal period, the organization reported revenues of $181,518,401 against expenses of $170,028,927, indicating a healthy surplus. The organization's assets have also grown significantly, from $1,999,004 in 2015 to $82,303,104 in 2023, suggesting effective financial management and investment in its mission. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards programmatic activities rather than executive salaries, which is a positive sign for transparency and donor confidence.

The organization appears to be spending efficiently, with expenses consistently below revenue in recent years, allowing for asset accumulation. While specific program, administrative, and fundraising spending ratios are not explicitly detailed in the provided data, the overall financial picture suggests a well-managed operation. The substantial growth in revenue from $19,636,163 in 2015 to over $181 million in 2023 highlights significant expansion and successful fundraising efforts, which would typically require a robust program delivery infrastructure. The absence of reported officer compensation is a strong indicator of transparency regarding executive pay practices.

Overall, Achievement First Brooklyn Charter Schools exhibits robust financial growth, responsible asset management, and a transparent approach to executive compensation. The consistent surpluses and asset growth position the organization well for continued impact. Further detailed analysis of functional expenses would provide a more granular understanding of spending efficiency across program, administrative, and fundraising categories.

Is Achievement First Brooklyn Charter Schools Legit?

Verdict: Achievement First Brooklyn Charter Schools appears trustworthy

Red Flags