Quick charity verification for Horace Mann School (EIN: 131740455)
Verdict: Horace Mann School appears trustworthy
85/100Mission Score
$207.4MRevenue
$512.1MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale and may obscure actual executive remuneration.
Strengths
Strong and consistent financial health with growing assets, from $260,908,470 in 2014 to $472,300,215 in 2023.
Consistent operating surpluses, with revenues generally exceeding expenses (e.g., $134M revenue vs. $117M expenses in 2023).
Significant asset base of over $512 million, providing financial stability and capacity.
Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency in reporting.
Spending Breakdown
How Horace Mann School 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 Horace Mann School
Is Horace Mann School a legitimate charity?
Based on AI analysis of IRS 990 filings, Horace Mann School (EIN: 131740455) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Horace Mann School a good charity to donate to?
Horace Mann School has a Mission Score of 85/100. Revenue: $207.4M. Assets: $512.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Horace Mann School?
The Employer Identification Number (EIN) for Horace Mann School is 131740455. 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 Horace Mann School spend its money?
Horace Mann School allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Horace Mann School's tax-exempt status?
You can verify Horace Mann School's tax-exempt status using EIN 131740455 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
Horace Mann School demonstrates consistent financial health with a strong asset base and generally positive net income over the past decade. For example, in fiscal year 2023, the organization reported revenues of $134,391,895 against expenses of $117,456,606, indicating a surplus. Its assets have grown significantly, from $260,908,470 in 2014 to $472,300,215 in 2023, suggesting robust financial management and investment. The school's liabilities have fluctuated but remain manageable relative to its substantial assets. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency, indicating that the highest-ranking officers do not receive direct compensation from the organization, which is unusual for an institution of this size and could imply compensation is structured differently or through a related entity not captured in this specific line item. Further investigation into the nature of its governance and compensation practices would be beneficial to fully assess its transparency in this area.