Is Caprock Academy Legit?

Spending Breakdown

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

86%

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 Caprock Academy

Is Caprock Academy a legitimate charity?

Based on AI analysis of IRS 990 filings, Caprock Academy (EIN: 205442493) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Caprock Academy a good charity to donate to?

Caprock Academy has a Mission Score of 75/100. Revenue: $11.3M. Assets: $26.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Caprock Academy?

The Employer Identification Number (EIN) for Caprock Academy is 205442493. 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 Caprock Academy spend its money?

Caprock Academy allocates 86% to programs, 10% to administration, and 4% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Caprock Academy's tax-exempt status using EIN 205442493 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

Caprock Academy demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. For instance, revenue grew from $2,434,883 in 2009 to $9,976,370 in 2023, and assets increased from $1,730,224 to $25,680,864 in the same period. The organization consistently spends a high proportion of its expenses on program services, as evidenced by the 2023 filing where program service expenses were $8,090,000 out of total expenses of $9,405,976, representing approximately 86% of total spending. This indicates a strong focus on its educational mission.

However, a notable concern is the organization's significant and growing liabilities, which have consistently exceeded its assets in recent years. In 2023, liabilities stood at $32,626,086 against assets of $25,680,864, resulting in a negative net asset position. This trend has been present since at least 2019, where liabilities were $42,838,472 against assets of $27,588,727. While this could be typical for organizations with substantial long-term debt related to facilities (common for charter schools), it warrants closer examination to understand the nature of these liabilities and the organization's long-term solvency plan. The consistent reporting of 0% officer compensation suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which could be a positive for efficiency or a point requiring further clarification for full transparency.

Verdict: Caprock Academy appears trustworthy

Red Flags

Strengths