Quick charity verification for Magnolia Heights School Inc (EIN: 113648423)
Verdict: Magnolia Heights School Inc appears trustworthy
92/100Mission Score
$6.3MRevenue
$16.5MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which may warrant further investigation into how leadership is compensated or structured.
Strengths
Consistent and strong revenue growth, increasing from $3.76M in 2014 to $7.97M in 2023.
Healthy financial surpluses, with revenues consistently exceeding expenses (e.g., $7.97M revenue vs. $6.13M expenses in 2023).
Significant asset growth, more than doubling from $6.48M in 2014 to $17.14M in 2023.
Zero reported officer compensation, indicating a strong commitment to directing funds towards the mission or a highly volunteer-driven leadership model.
Positive net assets, with assets consistently exceeding liabilities, demonstrating financial stability.
Spending Breakdown
How Magnolia Heights School Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Magnolia Heights School Inc
Is Magnolia Heights School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Magnolia Heights School Inc (EIN: 113648423) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Magnolia Heights School Inc a good charity to donate to?
Magnolia Heights School Inc has a Mission Score of 92/100. Revenue: $6.3M. Assets: $16.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Magnolia Heights School Inc?
The Employer Identification Number (EIN) for Magnolia Heights School Inc is 113648423. 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 Magnolia Heights School Inc spend its money?
Magnolia Heights School Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Magnolia Heights School Inc's tax-exempt status?
You can verify Magnolia Heights School Inc's tax-exempt status using EIN 113648423 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
Magnolia Heights School Inc. demonstrates a consistent pattern of financial growth and prudent management over the past decade. Revenue has steadily increased from $3,763,327 in 2014 to $7,977,205 in 2023, indicating strong operational performance and community support. The organization has also significantly grown its assets from $6,480,893 to $17,141,693 in the same period, suggesting effective asset accumulation and investment. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of financial transparency and a commitment to directing resources towards the organization's mission, rather than executive salaries.
The school's spending efficiency appears robust, with expenses consistently lower than revenue, allowing for healthy net income and asset growth. For instance, in 2023, expenses were $6,137,633 against revenues of $7,977,205, resulting in a substantial surplus. This surplus contributes to the organization's financial stability and capacity for future program expansion. The absence of reported officer compensation further reinforces the perception of efficient resource allocation, as a larger portion of funds can be presumed to directly support educational programs and operational needs.
Overall, Magnolia Heights School Inc. exhibits strong financial health, characterized by sustained revenue growth, increasing assets, and a clear commitment to transparency regarding executive compensation. The consistent financial surpluses indicate a well-managed organization capable of sustaining its operations and potentially expanding its impact. The lack of reported officer compensation is a significant positive factor in assessing its transparency and dedication to its mission.