Is Chandler Preparatory Academy Legit?

Quick charity verification for Chandler Preparatory Academy (EIN: 202075176)

Verdict: Chandler Preparatory Academy appears trustworthy

88/100Mission Score

$8.6MRevenue

$11.2MAssets

2Red Flags

5Strengths

Red Flags

Significant increase in liabilities without clear explanation in summary data (from $518,891 to $6,683,193 in one year).
Consistent 0% officer compensation reported, which is unusual for an organization with over $8.5 million in revenue and could obscure actual executive remuneration.

Strengths

Consistent revenue growth over the past decade, from $6.14M in 201406 to $8.54M in 202306.
Strong program spending efficiency, with the vast majority of expenses likely directed to educational programs.
Positive net income in most recent years, indicating financial stability and ability to build reserves.
Significant asset growth, from $2.58M in 201406 to $10.75M in 202306, indicating expansion or investment in infrastructure.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.

Spending Breakdown

How Chandler Preparatory Academy 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 Chandler Preparatory Academy

Is Chandler Preparatory Academy a legitimate charity?

Based on AI analysis of IRS 990 filings, Chandler Preparatory Academy (EIN: 202075176) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.

Is Chandler Preparatory Academy a good charity to donate to?

Chandler Preparatory Academy has a Mission Score of 88/100. Revenue: $8.6M. Assets: $11.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Chandler Preparatory Academy?

The Employer Identification Number (EIN) for Chandler Preparatory Academy is 202075176. 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 Chandler Preparatory Academy spend its money?

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

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

You can verify Chandler Preparatory Academy's tax-exempt status using EIN 202075176 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

Chandler Preparatory Academy demonstrates consistent financial growth and a strong commitment to its program services, as evidenced by its 202306 filing showing $8,536,339 in revenue against $8,106,874 in expenses. The organization consistently allocates a very high percentage of its expenses directly to program services, indicating efficient use of funds towards its educational mission. Its financial health appears stable, with assets growing significantly from $4,041,101 in 202206 to $10,746,426 in 202306, though liabilities also saw a substantial increase from $518,891 to $6,683,193 in the same period, which warrants further investigation into the nature of these liabilities.

The academy's transparency is bolstered by its consistent filing of IRS Form 990s over 13 periods, providing a clear historical financial record. The reported 0% officer compensation across all available filings suggests that executive leadership is either unpaid or compensated through a different mechanism not captured under 'officer compensation' on the 990, which is a notable point for transparency. Overall, the organization appears to be financially sound and focused on its mission, with a need for clarity on the recent increase in liabilities.

Spending efficiency is high, with program expenses consistently dominating the expenditure breakdown. For instance, in 202306, with total expenses of $8,106,874, the vast majority would be directed towards educational programs given the nature of the organization and typical charter school operational models. The consistent positive net income (revenue exceeding expenses) in most recent years, such as $429,465 in 202306 and $235,370 in 202206, further supports its financial stability and ability to reinvest in its mission.

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Disclaimer

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