Quick charity verification for The Soulsville Charter School Llc (EIN: 201861028)
Verdict: The Soulsville Charter School Llc appears trustworthy
92/100Mission Score
$9.5MRevenue
$19.8MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent period (202306) by $689,515, which could indicate a short-term operational deficit if not covered by reserves.
Strengths
Consistent IRS 990 filing history (13 filings) demonstrating transparency.
0% officer compensation reported across all filings, indicating high efficiency in resource allocation.
Clear alignment with NTEE code B29 (Elementary & Secondary Education) and organizational name, indicating a focused mission.
Spending Breakdown
How The Soulsville Charter School Llc 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 The Soulsville Charter School Llc
Is The Soulsville Charter School Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Soulsville Charter School Llc (EIN: 201861028) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is The Soulsville Charter School Llc a good charity to donate to?
The Soulsville Charter School Llc has a Mission Score of 92/100. Revenue: $9.5M. Assets: $19.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Soulsville Charter School Llc?
The Employer Identification Number (EIN) for The Soulsville Charter School Llc is 201861028. 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 Soulsville Charter School Llc spend its money?
The Soulsville Charter School Llc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Soulsville Charter School Llc's tax-exempt status?
You can verify The Soulsville Charter School Llc's tax-exempt status using EIN 201861028 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 Soulsville Charter School Llc demonstrates a consistent commitment to its educational mission, as evidenced by its financial filings. Over the past decade, the organization has maintained a stable revenue stream, with the latest reported revenue at $9,454,940. While expenses in the most recent period (202306) slightly exceeded revenue at $9,843,225, this appears to be an anomaly in a trend of generally positive net income or minor deficits. The organization's assets have grown steadily, reaching $19,771,757, indicating a healthy financial foundation. The consistent reporting of 0% officer compensation across all available filings suggests a strong focus on directing funds towards programmatic activities rather than executive salaries, which is a positive indicator of financial efficiency and transparency.
The organization's financial health appears stable, with sufficient assets to cover liabilities. The NTEE code B29 (Elementary & Secondary Education) aligns with its name, suggesting a clear programmatic focus. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency. While a detailed breakdown of program, administrative, and fundraising expenses is not directly provided in the summary data, the absence of officer compensation is a strong positive signal regarding resource allocation. Further analysis of the full 990 forms would be needed to precisely determine spending efficiency ratios, but the available data points to a well-managed and mission-driven entity.