Is The Child School Legacy High School Legit?

Quick charity verification for The Child School Legacy High School (EIN: 132785566)

Verdict: The Child School Legacy High School appears trustworthy

85/100Mission Score

$12.1MRevenue

$12.4MAssets

2Red Flags

3Strengths

Red Flags

Consistent negative net assets (liabilities exceeding assets) across all reported periods, indicating a structural financial characteristic that warrants further investigation.
Unusually low (0%) reported officer compensation for an organization with over $12 million in annual revenue, which could indicate compensation is paid through other entities or not fully disclosed in this section.

Strengths

Stable revenue stream, consistently around $11-12 million annually, indicating a reliable funding base.
Operational solvency, with revenues consistently covering expenses year-over-year (e.g., $12,383,374 revenue vs. $11,745,588 expenses in 2023).
High potential for program spending efficiency due to 0% reported officer compensation, suggesting a significant portion of funds are directed towards the mission.

Spending Breakdown

How The Child School Legacy High 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 The Child School Legacy High School

Is The Child School Legacy High School a legitimate charity?

Based on AI analysis of IRS 990 filings, The Child School Legacy High School (EIN: 132785566) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is The Child School Legacy High School a good charity to donate to?

The Child School Legacy High School has a Mission Score of 85/100. Revenue: $12.1M. Assets: $12.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Child School Legacy High School?

The Employer Identification Number (EIN) for The Child School Legacy High School is 132785566. 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 The Child School Legacy High School spend its money?

The Child School Legacy High School allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Child School Legacy High School's tax-exempt status?

You can verify The Child School Legacy High School's tax-exempt status using EIN 132785566 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

The Child School Legacy High School demonstrates consistent financial operations with revenues closely matching expenses over the past decade, indicating a stable, albeit tight, operational budget. For instance, in 2023, revenue was $12,383,374 against expenses of $11,745,588. The organization consistently reports 0% officer compensation, which is a significant positive indicator for transparency and efficient use of funds, as it suggests that leadership is either unpaid or compensated through other means not classified as officer compensation on the 990, or that the school is managed by an external entity. However, the consistent reporting of liabilities exceeding assets, such as $13,343,554 in liabilities against $13,187,622 in assets in 2023, warrants closer examination to understand the nature of these liabilities and their long-term implications for financial health. This pattern of negative net assets has been consistent across all reported periods, suggesting a structural financial characteristic rather than a temporary fluctuation.

Spending efficiency appears strong given the 0% officer compensation, implying a high proportion of funds are directed towards programmatic activities. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely quantify efficiency, but the lack of executive compensation is a strong positive signal. The organization's revenue has remained relatively stable, hovering around $11-12 million annually, which suggests a consistent funding base. The consistent reporting of 0% officer compensation across all filings is a notable strength in terms of transparency and resource allocation.

While the 0% officer compensation is a positive for transparency, the persistent negative net assets (liabilities exceeding assets) across all reported years is a financial characteristic that could raise questions about long-term solvency or the accounting treatment of certain assets and liabilities. Further investigation into the balance sheet structure would be beneficial to fully understand this aspect. Overall, the organization appears to be fiscally stable in its operations, but the balance sheet structure presents a unique characteristic that merits deeper analysis.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.