Is Oregon Charter Academy Legit?

Oregon Charter Academy demonstrates consistent financial activity, with revenues and expenses generally tracking closely over the past decade. For instance, in 2023, expenses of $27,463,114 were nearly identical to revenues of $27,452,018. The organization's assets have shown significant growth, increasing from $4,219,548 in 2014 to $38,515,175 currently, indicating a strong build-up of financial reserves. However, liabilities have also grown substantially, from $2,780,656 in 2014 to $29,236,194 in 2023, suggesting a reliance on debt or deferred obligations. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing administrative overhead at the executive level, which is a positive sign for donor confidence and operational efficiency. The organization's financial health appears stable, with sufficient assets to cover liabilities, as seen in the 2023 period where assets of $35,195,652 exceeded liabilities of $29,236,194. The NTEE code B80 (Elementary & Secondary Education) aligns with the nature of a charter academy, and the consistent revenue streams, often exceeding $30 million annually, suggest a well-established and funded educational institution. The lack of reported officer compensation is a significant transparency strength, as it removes a common area of concern for nonprofits regarding executive pay.