Is Team Academy Charter School Inc Legit? —…

Quick charity verification for Team Academy Charter School Inc (EIN: 10660264)

Red Flags

Consistent 0% officer compensation reported on 990s for a large organization, potentially indicating incomplete compensation transparency or an unusual operational model.
Significant increase in liabilities alongside assets, from $3.6 million in 2014 to $222.1 million in 2023, which warrants understanding the nature of these liabilities (e.g., debt for capital projects vs. operational debt).

Strengths

Consistent and substantial revenue growth over the past decade, indicating strong financial support and expanding operations.
Positive net assets and consistent asset growth, providing a strong financial foundation and capacity for future initiatives.
Expenses consistently managed below revenue in most recent periods, demonstrating sound financial management and sustainability.
Strong mission focus implied by the nature of a charter school and the general financial health supporting its operations.

Spending Breakdown

How Team Academy Charter School Inc 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 Team Academy Charter School Inc

Is Team Academy Charter School Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Team Academy Charter School Inc (EIN: 10660264) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Team Academy Charter School Inc a good charity to donate to?

Team Academy Charter School Inc has a Mission Score of 85/100. Revenue: $177.4M. Assets: $269.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Team Academy Charter School Inc?

The Employer Identification Number (EIN) for Team Academy Charter School Inc is 10660264. 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 Team Academy Charter School Inc spend its money?

Team Academy Charter School Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Team Academy Charter School Inc's tax-exempt status?

You can verify Team Academy Charter School Inc's tax-exempt status using EIN 10660264 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

Team Academy Charter School Inc demonstrates robust financial growth and a strong commitment to its programmatic mission. Over the past decade, the organization's revenue has consistently increased, from $49 million in 2014 to $156.9 million in 2023, indicating sustained support and expansion. Expenses have generally tracked closely with revenue, suggesting efficient utilization of funds. The organization's assets have also seen significant growth, particularly in recent years, reaching $244.8 million in 2023, which provides a solid financial foundation.

The organization's spending efficiency appears strong, with expenses consistently below revenue in most recent periods, allowing for asset accumulation. For instance, in 2023, expenses were $150.3 million against $156.9 million in revenue. A notable aspect of their financial structure is the reported 0% officer compensation across all available filings, which suggests that top leadership may not be directly compensated through the organization's 990-reported channels, or that compensation is structured differently, which could be a point for further inquiry regarding full transparency. However, without detailed breakdowns of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited.

While the consistent growth and positive net assets are favorable indicators, the lack of reported officer compensation on the 990s for an organization of this size and complexity could raise questions about the completeness of compensation disclosure or the operational model. Overall, the financial health appears strong, but a deeper dive into the functional expense breakdown would provide a more comprehensive view of spending efficiency and program focus.

Is Team Academy Charter School Inc Legit?

Verdict: Team Academy Charter School Inc appears trustworthy