Is Carpe Diem Collegiate High School Legit?…

Quick charity verification for Carpe Diem Collegiate High School (EIN: 20542260)

Strengths

Consistent revenue exceeding expenses in recent years, leading to surpluses (e.g., 2023: Revenue $2,335,647 vs. Expenses $1,980,739).
Growing asset base, increasing from $2,937,515 in 2018 to $3,901,954 in 2023.
Decreasing liabilities over time, from $3,844,519 in 2014 to $2,803,587 in 2023, improving financial leverage.
Zero reported officer compensation across all filings, indicating strong commitment to mission and efficient use of funds.
Positive net asset growth, reflecting sound financial management and sustainability.

Spending Breakdown

How Carpe Diem Collegiate High School allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Carpe Diem Collegiate High School

Is Carpe Diem Collegiate High School a legitimate charity?

Based on AI analysis of IRS 990 filings, Carpe Diem Collegiate High School (EIN: 20542260) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Carpe Diem Collegiate High School a good charity to donate to?

Carpe Diem Collegiate High School has a Mission Score of 92/100. Revenue: $2.8M. Assets: $4.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Carpe Diem Collegiate High School?

The Employer Identification Number (EIN) for Carpe Diem Collegiate High School is 20542260. 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 Carpe Diem Collegiate High School spend its money?

Carpe Diem Collegiate High School allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Carpe Diem Collegiate High School's tax-exempt status?

You can verify Carpe Diem Collegiate High School's tax-exempt status using EIN 20542260 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

Carpe Diem Collegiate High School demonstrates consistent financial operations, with revenues generally exceeding expenses in recent years, contributing to a steady increase in net assets. For example, in 2023, revenue was $2,335,647 against expenses of $1,980,739, resulting in a surplus. The organization's assets have grown from $2,937,515 in 2018 to $3,901,954 in 2023, indicating a strengthening financial position. Liabilities have also shown a decreasing trend from a high of $3,844,519 in 2014 to $2,803,587 in 2023, which is a positive sign for long-term stability.

The organization's spending efficiency appears to be sound, with a consistent pattern of managing expenses relative to revenue. While specific program, administrative, and fundraising breakdowns are not provided in the raw data, the overall financial health suggests effective resource allocation. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a strong positive for transparency and donor confidence.

Overall, Carpe Diem Collegiate High School exhibits a healthy financial trajectory, marked by increasing assets, decreasing liabilities, and a clear dedication to its mission as evidenced by the lack of officer compensation. This suggests a well-managed and financially responsible nonprofit.

Is Carpe Diem Collegiate High School Legit?

Verdict: Carpe Diem Collegiate High School appears trustworthy