Is Surry Village Charter School Legit? —…

Quick charity verification for Surry Village Charter School (EIN: 204802176)

Strengths

Consistent IRS 990 filing history (13 filings), indicating strong transparency.
0% officer compensation reported across all periods, demonstrating efficient use of funds.
Significant asset growth from $143,773 in 202206 to $680,647 currently, enhancing financial stability.
Stable revenue stream, typical for a public charter school, supporting consistent operations.
Nature of a charter school implies high program spending, directly benefiting students.

Spending Breakdown

How Surry Village Charter School allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Surry Village Charter School

Is Surry Village Charter School a legitimate charity?

Based on AI analysis of IRS 990 filings, Surry Village Charter School (EIN: 204802176) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Surry Village Charter School a good charity to donate to?

Surry Village Charter School has a Mission Score of 90/100. Revenue: $1.8M. Assets: $681K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Surry Village Charter School?

The Employer Identification Number (EIN) for Surry Village Charter School is 204802176. 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 Surry Village Charter School spend its money?

Surry Village Charter School allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Surry Village Charter School's tax-exempt status?

You can verify Surry Village Charter School's tax-exempt status using EIN 204802176 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

Surry Village Charter School demonstrates consistent financial operations as a public charter school, with revenues largely aligning with expenses over the past decade. For the 202306 period, the organization reported revenues of $1,245,575 against expenses of $1,283,732, indicating a slight operational deficit. However, its assets have shown significant growth, increasing from $143,773 in 202206 to $360,319 in 202306, and further to the latest reported $680,647, suggesting effective asset management or capital investments. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, and a clear indication of 0% officer compensation across all reported periods, which is a strong positive for public trust. While specific program spending ratios aren't detailed in the provided data, the nature of a charter school implies a high proportion of expenses are directly tied to educational programs.

The financial health appears stable, with a steady revenue stream typical for a charter school. The increase in assets, particularly from 202206 to the latest report, is a notable positive trend, indicating improved financial standing. The absence of officer compensation is a significant factor in assessing spending efficiency, as it suggests resources are not being diverted to high executive salaries. Overall, Surry Village Charter School appears to be a financially sound and transparent organization, effectively managing its resources to fulfill its educational mission.

Is Surry Village Charter School Legit?

Verdict: Surry Village Charter School appears trustworthy