Quick charity verification for Propel Charter Schools East (EIN: 200593113)
Verdict: Propel Charter Schools East appears trustworthy
90/100Mission Score
$8.1MRevenue
$10.2MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is atypical for an organization of this size and could indicate compensation is reported elsewhere or through a related entity, potentially obscuring the full picture of executive pay.
Strengths
Consistent revenue generation exceeding expenses, as seen in 202306 ($7,808,422 revenue vs. $7,254,974 expenses).
Significant asset growth over the past decade, from $4,857,808 in 201406 to $10,469,408 in 202306.
No reported officer compensation across all 13 filings, suggesting a high dedication of funds to programmatic activities.
Consistent filing of IRS 990s, demonstrating transparency and compliance.
Spending Breakdown
How Propel Charter Schools East 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 Propel Charter Schools East
Is Propel Charter Schools East a legitimate charity?
Based on AI analysis of IRS 990 filings, Propel Charter Schools East (EIN: 200593113) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Propel Charter Schools East a good charity to donate to?
Propel Charter Schools East has a Mission Score of 90/100. Revenue: $8.1M. Assets: $10.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Propel Charter Schools East?
The Employer Identification Number (EIN) for Propel Charter Schools East is 200593113. 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 Propel Charter Schools East spend its money?
Propel Charter Schools East allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Propel Charter Schools East's tax-exempt status?
You can verify Propel Charter Schools East's tax-exempt status using EIN 200593113 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
Propel Charter Schools East demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade, indicating a stable financial position. For example, in the 202306 period, revenue was $7,808,422 against expenses of $7,254,974, resulting in a surplus. The organization's assets have shown growth, reaching $10,469,408 in 202306, up from $4,857,808 in 201406, suggesting prudent asset management. However, liabilities have also been substantial, often nearing or exceeding assets in earlier periods, though they have stabilized more recently.
The organization appears to be efficient in its spending, with a significant portion of its budget likely directed towards its educational programs, as is typical for charter schools. The consistent reporting of 0% for officer compensation across all available filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive sign for spending efficiency. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency and regulatory compliance.
Overall, Propel Charter Schools East exhibits sound financial health with a clear focus on its mission, supported by consistent revenue generation, asset growth, and a notable absence of reported officer compensation. While liabilities have been a significant factor, the overall trend points to a well-managed and transparent operation.