Quick charity verification for Gem City Career Prep High School (EIN: 201310722)
Verdict: Gem City Career Prep High School appears trustworthy
85/100Mission Score
$2.4MRevenue
$835KAssets
2Red Flags
4Strengths
Red Flags
Liabilities consistently exceed assets, indicating potential long-term financial risk or reliance on debt financing (e.g., $1,004,463 liabilities vs. $825,432 assets in 2023).
Consistent 0% officer compensation reported across all filings for an organization with over $1.8M in annual revenue is unusual and may warrant further inquiry into how leadership is compensated or if this data is fully representative.
Strengths
Consistent generation of operating surpluses in recent years (e.g., $84,986 in 2023, $198,219 in 2022).
Significant reduction in liabilities over time, from $1,968,200 in 2017 to $1,004,463 in 2023.
Strong transparency indicated by consistent 0% officer compensation, suggesting a high proportion of funds are directed towards programs.
Clear mission alignment with NTEE code B29 (High Schools) and organizational name.
Spending Breakdown
How Gem City Career Prep High School allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Gem City Career Prep High School
Is Gem City Career Prep High School a legitimate charity?
Based on AI analysis of IRS 990 filings, Gem City Career Prep High School (EIN: 201310722) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Gem City Career Prep High School a good charity to donate to?
Gem City Career Prep High School has a Mission Score of 85/100. Revenue: $2.4M. Assets: $835K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gem City Career Prep High School?
The Employer Identification Number (EIN) for Gem City Career Prep High School is 201310722. 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 Gem City Career Prep High School spend its money?
Gem City Career Prep High School allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gem City Career Prep High School's tax-exempt status?
You can verify Gem City Career Prep High School's tax-exempt status using EIN 201310722 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
Gem City Career Prep High School demonstrates consistent financial operations, with revenues generally exceeding expenses in recent years, contributing to a stable asset base. For example, in 2023, revenue was $1,817,687 against expenses of $1,732,701, resulting in a surplus. The organization's liabilities have shown a decreasing trend from a high of $1,968,200 in 2017 to $1,004,463 in 2023, which is a positive indicator of financial management. However, the liabilities still exceed assets, with $1,004,463 in liabilities compared to $825,432 in assets in 2023, suggesting a reliance on debt or other non-equity financing.
The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and efficient use of funds, as it suggests that top leadership is either unpaid or compensated through other means not classified as officer compensation on the 990. This practice can free up more resources for program delivery. While specific program spending ratios are not provided in the raw data, the consistent surpluses and lack of officer compensation suggest a focus on mission-related activities. The organization's NTEE code B29 (High Schools) aligns with its name, indicating a clear programmatic focus.