Quick charity verification for School Choice Ohio Inc (EIN: 203130699)
Verdict: School Choice Ohio Inc appears trustworthy
88/100Mission Score
$951KRevenue
$1.2MAssets
2Red Flags
4Strengths
Red Flags
Frequent operational deficits (e.g., 2023, 2018, 2017, 2015, 2014) where expenses exceeded revenue, indicating reliance on prior year surpluses or asset drawdowns.
Significant year-over-year revenue fluctuations (e.g., $1.45M in 2022 to $0.87M in 2023) which could indicate unstable funding sources.
Strengths
Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds to the mission rather than executive salaries.
Healthy asset-to-liability ratio, with assets consistently much higher than liabilities (e.g., $1,053,506 assets vs. $91,183 liabilities in 2023), providing financial stability.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Significant growth in assets over time, from $17,353 in 2018 to $1,053,506 in 2023, indicating effective financial management and accumulation of reserves.
Spending Breakdown
How School Choice Ohio 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 School Choice Ohio Inc
Is School Choice Ohio Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, School Choice Ohio Inc (EIN: 203130699) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
Is School Choice Ohio Inc a good charity to donate to?
School Choice Ohio Inc has a Mission Score of 88/100. Revenue: $951K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for School Choice Ohio Inc?
The Employer Identification Number (EIN) for School Choice Ohio Inc is 203130699. 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 School Choice Ohio Inc spend its money?
School Choice Ohio Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify School Choice Ohio Inc's tax-exempt status?
You can verify School Choice Ohio Inc's tax-exempt status using EIN 203130699 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
School Choice Ohio Inc. demonstrates a generally stable financial position, with assets consistently exceeding liabilities across recent years. For instance, in 2023, assets were $1,053,506 against liabilities of $91,183, indicating a healthy balance sheet. However, the organization experienced a deficit in 2023, with expenses ($909,365) exceeding revenue ($877,038), a trend also observed in 2018, 2017, 2015, and 2014. This suggests that while the organization has built up reserves, its operational sustainability relies on consistent fundraising to cover annual expenditures.
The organization's spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that a significant portion of funds is likely directed towards programmatic activities rather than executive salaries. The absence of officer compensation also enhances transparency, as it removes a common area of concern for donors regarding executive pay. The fluctuation in revenue and expenses over the years, such as the significant revenue increase to $1,455,601 in 2022 followed by a decrease to $877,038 in 2023, suggests a reliance on grant cycles or specific fundraising campaigns, which can lead to year-to-year variability in financial performance.
Overall, School Choice Ohio Inc. appears to be a financially sound organization with a commitment to directing resources to its mission, as evidenced by the lack of executive compensation. While there are occasional operational deficits, the organization has demonstrated an ability to build and maintain substantial assets, providing a buffer against revenue fluctuations. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to regulatory compliance and transparency.