Is Carter Community Charter School Inc Legit?

Quick charity verification for Carter Community Charter School Inc (EIN: 202701540)

Verdict: Carter Community Charter School Inc appears trustworthy

92/100Mission Score

$3.1MRevenue

$2.3MAssets

1Red Flags

5Strengths

Red Flags

Significant increase in liabilities over the past decade, from $6,133 in 2013 to $1,969,494 in 2022.

Strengths

Consistent financial surpluses in recent years (e.g., $393,842 in 2022).
No reported officer compensation across all available filings, indicating strong resource allocation to mission.
Consistent growth in assets, reaching $3,186,967 in 2022.
Long history of IRS 990 filings (12 filings), demonstrating transparency.
Revenues consistently covering expenses in most recent periods.

Spending Breakdown

How Carter Community Charter School Inc 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 Carter Community Charter School Inc

Is Carter Community Charter School Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Carter Community Charter School Inc (EIN: 202701540) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Carter Community Charter School Inc a good charity to donate to?

Carter Community Charter School Inc has a Mission Score of 92/100. Revenue: $3.1M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Carter Community Charter School Inc?

The Employer Identification Number (EIN) for Carter Community Charter School Inc is 202701540. 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 Carter Community Charter School Inc spend its money?

Carter Community Charter School Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Carter Community Charter School Inc's tax-exempt status?

You can verify Carter Community Charter School Inc's tax-exempt status using EIN 202701540 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

Carter Community Charter School Inc. demonstrates generally stable financial health, with revenues consistently covering expenses in most recent years. For instance, in 2022, revenue was $4,234,216 against expenses of $3,840,374, indicating a surplus. The organization's assets have also shown growth, reaching $3,186,967 in 2022, while liabilities have also increased, though remaining manageable relative to assets. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive pay, which is a positive indicator of spending efficiency and transparency. However, the organization's liabilities have grown significantly over time, from $6,133 in 2013 to $1,969,494 in 2022, which warrants monitoring.

Spending efficiency appears to be strong, particularly given the lack of reported officer compensation. As a charter school, the vast majority of its expenses would inherently be program-related (education). The consistent filing of IRS Form 990s over a long period (12 filings) indicates a commitment to transparency. The organization's financial operations appear to be focused on its educational mission, with a healthy operating margin in recent years, such as the $393,842 surplus in 2022. While the growth in liabilities should be observed, the overall financial picture suggests a well-managed entity.

Overall, Carter Community Charter School Inc. exhibits good financial health with a clear focus on its program. The consistent surpluses in recent years (e.g., $393,842 in 2022, $59,185 in 2021) demonstrate effective financial management. The absence of reported officer compensation is a significant positive for spending efficiency and transparency, indicating that resources are primarily allocated to the school's operations and educational services. The increase in assets also reflects a growing capacity to fulfill its mission.

View Full Transparency Report →

Disclaimer

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