Quick charity verification for New Heights Academy Charter School (EIN: 203057343)
Verdict: New Heights Academy Charter School appears trustworthy
92/100Mission Score
$15.3MRevenue
$33.4MAssets
2Red Flags
4Strengths
Red Flags
Significant increase in liabilities in 2023 without clear explanation in summary data
Expenses exceeded revenue in multiple recent years (e.g., 2023, 2022, 2018, 2017, 2016, 2015, 2014)
Strengths
Consistent revenue generation over a decade ($11M-$17M range)
No reported officer compensation, indicating high program focus
Strong asset base ($35,884,921 in 2023) providing financial stability
Consistent IRS 990 filing history demonstrating transparency
Spending Breakdown
How New Heights Academy Charter School allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 New Heights Academy Charter School
Is New Heights Academy Charter School a legitimate charity?
Based on AI analysis of IRS 990 filings, New Heights Academy Charter School (EIN: 203057343) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
Is New Heights Academy Charter School a good charity to donate to?
New Heights Academy Charter School has a Mission Score of 92/100. Revenue: $15.3M. Assets: $33.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Heights Academy Charter School?
The Employer Identification Number (EIN) for New Heights Academy Charter School is 203057343. 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 New Heights Academy Charter School spend its money?
New Heights Academy Charter School allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Heights Academy Charter School's tax-exempt status?
You can verify New Heights Academy Charter School's tax-exempt status using EIN 203057343 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
New Heights Academy Charter School demonstrates a generally stable financial profile, with revenues consistently in the $12M-$17M range over the past decade. The organization's assets have seen a significant increase, jumping from $9,799,965 in 2022 to $35,884,921 in 2023, largely offset by a corresponding rise in liabilities to $30,676,245. This suggests a substantial capital investment or financing activity in the most recent fiscal year. While the organization has experienced periods where expenses exceeded revenue, such as in 2023 ($17,142,012 expenses vs. $14,588,731 revenue), these deficits appear manageable within the context of its overall asset base.
The school's spending efficiency appears strong, particularly given its mission as an educational institution. The consistent reporting of 0% for officer compensation across all available filings indicates a commitment to directing funds towards its programs rather than executive salaries, which is a positive sign for donors. The significant increase in assets and liabilities in 2023 warrants closer examination to understand the nature of these financial changes and their long-term implications for the school's financial health and sustainability.
Transparency is high regarding executive compensation, with no reported officer compensation. The consistent filing of IRS Form 990s over a long period also indicates good compliance and public disclosure practices. However, without a detailed breakdown of expenses beyond the summary data, it's challenging to fully assess the precise allocation between program services, administrative costs, and fundraising efforts. The substantial increase in liabilities in the latest filing, while potentially for capital improvements, could also represent a financial risk if not managed effectively.