Is Pensacola Beach Elementary School Charter School Legit?
Quick charity verification for Pensacola Beach Elementary School Charter School (EIN: 10593099)
Verdict: Pensacola Beach Elementary School Charter School appears trustworthy
92/100Mission Score
$1.2MRevenue
$3.4MAssets
1Red Flags
4Strengths
Red Flags
Increasing liabilities over time, from $346,908 in 2014 to $1,237,438 in 2023, warrant monitoring relative to asset growth.
Strengths
Consistent operational surpluses in most years, such as $76,529 in 2023 and $259,976 in 2022, indicating sound financial management.
Steady growth in assets from $2,701,141 in 2014 to $3,600,606 in 2023, enhancing long-term stability.
0% reported officer compensation across all filings, suggesting high efficiency and direct allocation of funds to the mission.
Stable revenue streams, consistently above $1 million annually for the past decade, demonstrating reliable funding.
Spending Breakdown
How Pensacola Beach Elementary School 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 Pensacola Beach Elementary School Charter School
Is Pensacola Beach Elementary School Charter School a legitimate charity?
Based on AI analysis of IRS 990 filings, Pensacola Beach Elementary School Charter School (EIN: 10593099) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Pensacola Beach Elementary School Charter School a good charity to donate to?
Pensacola Beach Elementary School Charter School has a Mission Score of 92/100. Revenue: $1.2M. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pensacola Beach Elementary School Charter School?
The Employer Identification Number (EIN) for Pensacola Beach Elementary School Charter School is 10593099. 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 Pensacola Beach Elementary School Charter School spend its money?
Pensacola Beach Elementary School Charter School allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pensacola Beach Elementary School Charter School's tax-exempt status?
You can verify Pensacola Beach Elementary School Charter School's tax-exempt status using EIN 10593099 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
Pensacola Beach Elementary School Charter School demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. In the latest filing (202306), the organization reported revenues of $1,390,265 against expenses of $1,313,736, indicating a surplus. Assets have shown a steady growth trend, increasing from $2,701,141 in 2014 to $3,600,606 in 2023, suggesting sound asset management. Liabilities have also increased over time, reaching $1,237,438 in 2023, which warrants monitoring relative to asset growth.
The organization appears to be efficient in its spending, as evidenced by the consistent surpluses in most years. The absence of reported officer compensation across all filings indicates a strong commitment to directing funds towards its primary mission, which is typical for a public charter school where salaries are generally reported as part of program expenses rather than separate officer compensation. This structure inherently promotes transparency regarding how funds are allocated to educational services.
Overall, the financial health appears stable, with a clear focus on its educational mission. The consistent growth in assets and the operational surpluses suggest a well-managed entity. The lack of reported officer compensation directly contributes to a perception of high spending efficiency and transparency, as it implies that leadership compensation is not a significant separate line item.