Is Peabody Charter School Inc Legit?

Quick charity verification for Peabody Charter School Inc (EIN: 10900952)

Verdict: Peabody Charter School Inc appears trustworthy

92/100Mission Score
$13.1MRevenue
$7.6MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Peabody Charter School Inc 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 Peabody Charter School Inc

Is Peabody Charter School Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Peabody Charter School Inc (EIN: 10900952) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Peabody Charter School Inc a good charity to donate to?

Peabody Charter School Inc has a Mission Score of 92/100. Revenue: $13.1M. Assets: $7.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Peabody Charter School Inc?

The Employer Identification Number (EIN) for Peabody Charter School Inc is 10900952. 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 Peabody Charter School Inc spend its money?

Peabody Charter School Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Peabody Charter School Inc's tax-exempt status?

You can verify Peabody Charter School Inc's tax-exempt status using EIN 10900952 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

Peabody Charter School Inc. demonstrates a consistent pattern of financial growth and responsible management over the past decade. Revenue has steadily increased from $7.1 million in 2014 to over $12.2 million in 2023, indicating strong operational capacity and community support. The organization consistently operates with a surplus, as seen in the 2023 fiscal period where revenue of $12,203,484 exceeded expenses of $11,896,067, contributing to a healthy growth in assets from $3.1 million in 2014 to $7.0 million in 2023. This financial stability suggests effective resource allocation towards its educational mission. The organization's spending efficiency appears strong, with expenses closely tracking revenue, indicating that funds are being utilized for current operations rather than accumulating excessive reserves. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards program services. While a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, the overall financial health and lack of executive compensation suggest a high degree of program focus. The growth in assets and manageable liabilities further support a positive outlook on its long-term sustainability and ability to fulfill its mission.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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