Quick charity verification for Mansfield Preparatory Academy Inc (EIN: 202753461)
Verdict: Mansfield Preparatory Academy Inc appears trustworthy
90/100Mission Score
$8.0MRevenue
$12.6MAssets
2Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation for an organization of this size could indicate an unusual executive structure or potential for undisclosed related-party transactions, though not necessarily negative.
Historically, liabilities often exceeded assets in earlier years (e.g., 2014-2020), though this trend has reversed in recent filings.
Strengths
Strong and consistent revenue growth, from $1.5M in 2014 to over $8M in 2023.
Significant increase in assets, from $156K in 2014 to over $11M in 2023, indicating asset accumulation and investment.
Healthy financial surplus in recent years (e.g., $897,268 in 2023), allowing for reinvestment.
Improved financial stability with assets now exceeding liabilities.
Consistent IRS 990 filings over 13 periods demonstrate transparency.
Spending Breakdown
How Mansfield Preparatory Academy Inc allocates its funds across programs, administration, and fundraising.
88%
Program Spending
Healthy — majority goes to mission
7%
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 Mansfield Preparatory Academy Inc
Is Mansfield Preparatory Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mansfield Preparatory Academy Inc (EIN: 202753461) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Mansfield Preparatory Academy Inc a good charity to donate to?
Mansfield Preparatory Academy Inc has a Mission Score of 90/100. Revenue: $8.0M. Assets: $12.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mansfield Preparatory Academy Inc?
The Employer Identification Number (EIN) for Mansfield Preparatory Academy Inc is 202753461. 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 Mansfield Preparatory Academy Inc spend its money?
Mansfield Preparatory Academy Inc allocates 88% to programs, 7% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mansfield Preparatory Academy Inc's tax-exempt status?
You can verify Mansfield Preparatory Academy Inc's tax-exempt status using EIN 202753461 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
Mansfield Preparatory Academy Inc. demonstrates a consistent pattern of growth in revenue and assets over the past decade, indicating a stable and expanding operation. For instance, revenue grew from $1,554,585 in 2014 to $8,041,006 in 2023, and assets increased from $156,105 to $11,398,421 in the same period. The organization consistently spends a significant portion of its budget on program services, as evidenced by its strong program spending ratio. While the organization's liabilities have often exceeded its assets in earlier years, this trend has reversed in recent filings, with assets ($11,398,421 in 2023) now comfortably exceeding liabilities ($10,870,148 in 2023), suggesting improved financial stability. The consistent reporting of 0% officer compensation also points to a lean administrative structure and a focus on mission-related expenditures.
The organization's financial health appears robust, with a healthy surplus in recent years (e.g., $8,041,006 revenue vs. $7,143,738 expenses in 2023). This surplus allows for reinvestment in its educational programs and facilities. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency. The NTEE code B29 (Elementary & Secondary Education) aligns well with the organization's name and likely mission, suggesting a clear programmatic focus. Overall, Mansfield Preparatory Academy Inc. appears to be a financially sound and transparent organization effectively managing its resources to achieve its educational goals.