Is Aspen Prep Academy Legit?

Quick charity verification for Aspen Prep Academy (EIN: 200896938)

Verdict: Aspen Prep Academy appears trustworthy

92/100Mission Score
$13.3MRevenue
$30.3MAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Aspen Prep Academy allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Aspen Prep Academy

Is Aspen Prep Academy a legitimate charity?

Based on AI analysis of IRS 990 filings, Aspen Prep Academy (EIN: 200896938) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Aspen Prep Academy a good charity to donate to?

Aspen Prep Academy has a Mission Score of 92/100. Revenue: $13.3M. Assets: $30.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Aspen Prep Academy?

The Employer Identification Number (EIN) for Aspen Prep Academy is 200896938. 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 Aspen Prep Academy spend its money?

Aspen Prep Academy allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Aspen Prep Academy's tax-exempt status?

You can verify Aspen Prep Academy's tax-exempt status using EIN 200896938 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

Aspen Prep Academy demonstrates consistent financial growth and strong program spending efficiency. Over the past five years, revenue has steadily increased from $8,187,748 in 2020 to $12,410,744 in 2024, indicating a healthy and expanding operation. The organization consistently spends a significant portion of its budget on programs, with expenses generally well below revenue, leading to healthy asset growth. For instance, in 2024, expenses were $10,176,814 against $12,410,744 in revenue, showing a surplus that contributes to its growing asset base of $9,188,962. The academy's financial health appears robust, with assets consistently exceeding liabilities, indicating a stable balance sheet. The absence of reported officer compensation across all available filings suggests a high degree of financial transparency and a commitment to directing resources towards its mission rather than executive salaries. This practice, while unusual for an organization of its size, significantly enhances its perceived efficiency and trustworthiness. The consistent filing history further underscores its commitment to transparency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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