Occasional annual deficits where expenses exceed revenue (e.g., $6,616,109 expenses vs. $6,335,305 revenue in 2023)
Unusually low liabilities in earlier years compared to later years, which could indicate changes in financial structure or reporting.
Strengths
Consistent reporting of 0% officer compensation, indicating strong financial stewardship.
Stable revenue base, generally increasing over the past decade.
Growing asset base, from $2.1 million in 2014 to $2.9 million currently.
Long filing history (13 filings) demonstrating consistent transparency.
Spending Breakdown
How Providence Englewood Schoolcorporation 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 Providence Englewood Schoolcorporation
Is Providence Englewood Schoolcorporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Providence Englewood Schoolcorporation (EIN: 204527655) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Providence Englewood Schoolcorporation a good charity to donate to?
Providence Englewood Schoolcorporation has a Mission Score of 90/100. Revenue: $7.6M. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Providence Englewood Schoolcorporation?
The Employer Identification Number (EIN) for Providence Englewood Schoolcorporation is 204527655. 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 Providence Englewood Schoolcorporation spend its money?
Providence Englewood Schoolcorporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Providence Englewood Schoolcorporation's tax-exempt status?
You can verify Providence Englewood Schoolcorporation's tax-exempt status using EIN 204527655 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
Providence Englewood Schoolcorporation demonstrates consistent financial activity, with revenues and expenses generally in the range of $4.5 million to $6.8 million over the past decade. The organization's assets have shown growth, reaching $2,924,627 in the latest reported period, up from $1,982,910 in 2023. While the organization has experienced periods where expenses exceeded revenue, such as in 2023 ($6,616,109 expenses vs. $6,335,305 revenue) and 2019 ($5,852,104 expenses vs. $5,143,224 revenue), it has also shown periods of surplus, like in 2022 ($6,887,787 revenue vs. $6,248,705 expenses). The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial stewardship and transparency. The organization's NTEE code B29 indicates a focus on elementary and secondary education, aligning with its mission as a school corporation.