Is Ellison Elementary School Inc Legit?

Ellison Elementary School Inc. demonstrates a concerning trend of declining revenue and increasing liabilities over the past several years. From 2012 to 2018, revenue decreased from $1,558,188 to $1,002,180, while liabilities remained high, ranging from $1,792,311 in 2012 to $1,454,587 in 2018. This consistent decline in financial resources, coupled with persistent liabilities, suggests potential long-term sustainability challenges. The organization has consistently reported zero officer compensation, which is a positive indicator of resource allocation towards its mission rather than executive pay. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, in several periods, expenses exceeded revenue (e.g., 2018: $1,056,004 expenses vs. $1,002,180 revenue; 2017: $1,176,180 expenses vs. $991,644 revenue), indicating operational deficits. This pattern of spending more than it earns is unsustainable and could further erode its asset base, which has already decreased from $2,300,684 in 2012 to $1,628,356 in 2018. Transparency regarding specific program outcomes and detailed expense allocation is limited by the provided data. While the absence of officer compensation is a strong point for transparency in executive pay, a more granular view of how funds are spent across different functions would provide a clearer picture of its operational efficiency and commitment to its educational mission. The consistent decline in assets and revenue warrants closer scrutiny.