Quick charity verification for River Springs Charter School Inc (EIN: 205069467)
Verdict: River Springs Charter School Inc appears trustworthy
90/100Mission Score
$124.4MRevenue
$136.3MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation for a large organization, which may obscure actual leadership costs or indicate an unusual operational model.
Strengths
Consistent and significant revenue growth over a decade, from $39.8M in 2014 to $118.3M in 2023.
Strong financial health with consistent operating surpluses, allowing for asset accumulation.
Expenses consistently well below revenue, demonstrating efficient financial management.
Spending Breakdown
How River Springs Charter School Inc 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 River Springs Charter School Inc
Is River Springs Charter School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, River Springs Charter School Inc (EIN: 205069467) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is River Springs Charter School Inc a good charity to donate to?
River Springs Charter School Inc has a Mission Score of 90/100. Revenue: $124.4M. Assets: $136.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for River Springs Charter School Inc?
The Employer Identification Number (EIN) for River Springs Charter School Inc is 205069467. 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 River Springs Charter School Inc spend its money?
River Springs Charter School Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify River Springs Charter School Inc's tax-exempt status?
You can verify River Springs Charter School Inc's tax-exempt status using EIN 205069467 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
River Springs Charter School Inc demonstrates strong financial health and growth, with revenue increasing from $39.8 million in 2014 to $118.3 million in 2023. The organization consistently operates with a surplus, as evidenced by its 2023 revenue of $118,293,458 against expenses of $104,024,275, indicating efficient management of resources. Its asset base has also grown significantly, reaching $140,055,400 in 2023, suggesting a robust financial position. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for transparency and donor confidence.
The organization's spending efficiency appears high, with expenses generally well below revenue, allowing for consistent asset growth. While specific program, administrative, and fundraising spending ratios are not explicitly detailed in the provided data, the overall financial performance suggests a focus on its educational mission. The consistent growth in revenue and assets over a decade points to a well-managed and expanding operation. The absence of reported officer compensation is a notable aspect of its financial transparency, aligning with best practices for non-profits.