Quick charity verification for Ohio Connections Academy Inc (EIN: 161677822)
Verdict: Ohio Connections Academy Inc appears trustworthy
70/100Mission Score
$45.1MRevenue
$12.4MAssets
2Red Flags
3Strengths
Red Flags
Consistently high liabilities exceeding assets (e.g., $30.2M liabilities vs. $14.6M assets in 2023)
Unusually low or 0% reported officer compensation for an organization of this size, potentially obscuring executive pay structure.
Strengths
Consistent revenue generation, exceeding $40 million in recent years.
Steady growth in assets over time, indicating some financial accumulation.
Likely strong program spending ratio, typical for educational institutions.
Spending Breakdown
How Ohio Connections Academy Inc 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 Ohio Connections Academy Inc
Is Ohio Connections Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ohio Connections Academy Inc (EIN: 161677822) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Ohio Connections Academy Inc a good charity to donate to?
Ohio Connections Academy Inc has a Mission Score of 70/100. Revenue: $45.1M. Assets: $12.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ohio Connections Academy Inc?
The Employer Identification Number (EIN) for Ohio Connections Academy Inc is 161677822. 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 Ohio Connections Academy Inc spend its money?
Ohio Connections Academy Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ohio Connections Academy Inc's tax-exempt status?
You can verify Ohio Connections Academy Inc's tax-exempt status using EIN 161677822 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
Ohio Connections Academy Inc. demonstrates consistent financial activity, with revenues and expenses in the range of $30-45 million over the past few years. The organization's assets have grown steadily, reaching $14.6 million in 2023, indicating some financial stability. However, a significant concern is the high level of liabilities, which stood at $30.2 million in 2023, consistently exceeding assets. This suggests a reliance on debt or other obligations, which could pose a long-term risk if not managed effectively.
The organization's spending efficiency appears to be focused on its program services, as indicated by the typical spending breakdown for similar educational institutions. The consistent reporting of 0% officer compensation across all filings is a notable aspect of its transparency, suggesting that top leadership may not be directly compensated through the organization's funds or that compensation is reported differently. This practice, while seemingly positive for transparency, warrants further investigation to understand the full compensation structure if any key personnel are involved in management.
Overall, while the organization maintains a substantial operational scale and appears to direct funds towards its mission, the persistent and growing gap between assets and liabilities is a critical area for scrutiny. The lack of reported officer compensation is a positive transparency indicator, but the overall financial health could be strengthened by addressing the high liability burden.