Is Cleveland Arts And Social Science Academy Legit?

Quick charity verification for Cleveland Arts And Social Science Academy (EIN: 202753598)

Verdict: Cleveland Arts And Social Science Academy appears trustworthy

85/100Mission Score

$6.3MRevenue

$7.9MAssets

2Red Flags

4Strengths

Red Flags

Consistent negative net asset position (liabilities exceeding assets), e.g., $6,804,594 liabilities vs. $6,483,558 assets in 2023.
0% officer compensation reported for an organization with over $4 million in annual revenue, which is highly unusual and may indicate compensation is routed differently or through a related entity.

Strengths

Strong and consistent revenue growth over the past decade, from $2,894,716 in 2014 to $4,689,278 in 2023.
Significant asset growth, increasing from $178,304 in 2014 to $6,483,558 in 2023.
Expenses generally kept below revenue, allowing for asset accumulation and operational stability.
Clear alignment with NTEE code B29 (Elementary & Secondary Schools), indicating a focused mission.

Spending Breakdown

How Cleveland Arts And Social Science Academy allocates its funds across programs, administration, and fundraising.

85%

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 Cleveland Arts And Social Science Academy

Is Cleveland Arts And Social Science Academy a legitimate charity?

Based on AI analysis of IRS 990 filings, Cleveland Arts And Social Science Academy (EIN: 202753598) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Cleveland Arts And Social Science Academy a good charity to donate to?

Cleveland Arts And Social Science Academy has a Mission Score of 85/100. Revenue: $6.3M. Assets: $7.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cleveland Arts And Social Science Academy?

The Employer Identification Number (EIN) for Cleveland Arts And Social Science Academy is 202753598. 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 Cleveland Arts And Social Science Academy spend its money?

Cleveland Arts And Social Science Academy allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cleveland Arts And Social Science Academy's tax-exempt status?

You can verify Cleveland Arts And Social Science Academy's tax-exempt status using EIN 202753598 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

Cleveland Arts And Social Science Academy demonstrates a pattern of increasing revenue and assets over the past decade, indicating growth and expanding capacity. For instance, revenue grew from $2,894,716 in 2014 to $4,689,278 in 2023, and assets significantly increased from $178,304 to $6,483,558 in the same period. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, the organization has consistently reported liabilities exceeding assets in most periods, such as $6,804,594 in liabilities against $6,483,558 in assets in 2023, suggesting a reliance on debt or other obligations. While this is not uncommon for growing organizations, especially those with significant infrastructure, it warrants careful monitoring.

The spending efficiency appears reasonable, with expenses generally lower than revenue, allowing for asset accumulation. For example, in 2023, expenses were $4,251,837 against $4,689,278 in revenue. The consistent reporting of 0% officer compensation across all available filings is a significant positive for transparency and suggests a lean administrative structure at the top. The NTEE code B29 (Elementary & Secondary Schools) aligns with the organization's name, suggesting a clear program focus. The overall financial health shows growth, but the persistent asset-liability imbalance is a key area for observation.

View Full Transparency Report →

Disclaimer

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