Quick charity verification for Class Education Inc (EIN: 205779302)
Verdict: Class Education Inc appears trustworthy
90/100Mission Score
$320KRevenue
$767KAssets
1Red Flags
4Strengths
Red Flags
Minor deficit in 2023 ($13,579), where expenses exceeded revenue.
Strengths
Consistent 0% officer compensation across all filings, indicating high dedication of funds to mission.
Steady growth in assets, from $498,104 in 2014 to $683,563 in 2023.
Very low liabilities, indicating strong financial stability.
Consistent filing of IRS 990s, demonstrating high transparency.
Spending Breakdown
How Class Education Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Class Education Inc
Is Class Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Class Education Inc (EIN: 205779302) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Class Education Inc a good charity to donate to?
Class Education Inc has a Mission Score of 90/100. Revenue: $320K. Assets: $767K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Class Education Inc?
The Employer Identification Number (EIN) for Class Education Inc is 205779302. 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 Class Education Inc spend its money?
Class Education Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Class Education Inc's tax-exempt status?
You can verify Class Education Inc's tax-exempt status using EIN 205779302 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
Class Education Inc demonstrates a consistent financial history with generally stable revenues and expenses over the past decade. While the organization experienced a slight deficit in 2023, with expenses exceeding revenue by approximately $13,579, its asset base has shown steady growth, reaching $683,563 in 2023. The organization's liabilities remain very low, indicating a healthy balance sheet. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. The organization's transparency is high given the consistent filing of IRS Form 990s and the clear financial data provided.