Quick charity verification for Tapestry Charter School (EIN: 161604750)
Verdict: Tapestry Charter School appears trustworthy
85/100Mission Score
$19.9MRevenue
$42.1MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure actual leadership remuneration.
Strengths
Consistent revenue growth, increasing from $10.9M in 2014 to $20.2M in 2023.
Strong asset accumulation, growing from $17.3M in 2014 to $42.8M in 2023.
Positive net income in most years, indicating financial sustainability (e.g., $1.2M in 2023, $4M in 2021).
Likely high program spending given its nature as a charter school and consistent operational expenses relative to revenue.
Spending Breakdown
How Tapestry Charter School allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Tapestry Charter School
Is Tapestry Charter School a legitimate charity?
Based on AI analysis of IRS 990 filings, Tapestry Charter School (EIN: 161604750) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Tapestry Charter School a good charity to donate to?
Tapestry Charter School has a Mission Score of 85/100. Revenue: $19.9M. Assets: $42.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tapestry Charter School?
The Employer Identification Number (EIN) for Tapestry Charter School is 161604750. 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 Tapestry Charter School spend its money?
Tapestry Charter School allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tapestry Charter School's tax-exempt status?
You can verify Tapestry Charter School's tax-exempt status using EIN 161604750 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
Tapestry Charter School demonstrates consistent financial growth and a strong commitment to its program services. Over the past several years, the organization has shown a healthy increase in revenue, from $10,982,370 in 2014 to $20,234,964 in 2023. This growth has allowed for increased program spending, as evidenced by expenses rising from $10,641,681 to $19,026,508 over the same period. The organization consistently maintains a positive net income, indicating sound financial management and sustainability.
The school's asset base has also expanded significantly, from $17,304,157 in 2014 to $42,838,414 in 2023, suggesting investment in its educational infrastructure. Liabilities have also increased, but the asset-to-liability ratio remains stable, indicating responsible debt management. The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which could be a point for further inquiry regarding full transparency on leadership remuneration.
Overall, Tapestry Charter School appears to be in good financial health, effectively managing its resources to deliver its educational mission. The consistent growth in revenue and assets, coupled with a positive net income, points to a well-managed and sustainable operation. The lack of reported officer compensation is a notable aspect of its financial structure.