Africa Schoolhouse Foundation

Africa Schoolhouse Foundation operates with no executive compensation, directing nearly all revenue to programs.

EIN: 208955367 · Portland, ME · NTEE: Q33 · Updated: 2026-03-28

$608KRevenue
$165KAssets
92/100Mission Score (Excellent)
Q33
Africa Schoolhouse Foundation Financial Summary
MetricValue
Total Revenue$608K
Total Expenses$345K
Program Spending90%
CEO/Top Officer Pay$300,000
Net Assets$9K
Transparency Score92/100

Is Africa Schoolhouse Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Africa Schoolhouse Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Africa Schoolhouse Foundation

Africa Schoolhouse Foundation (EIN: 208955367) is a nonprofit organization based in Portland, ME, classified under NTEE code Q33. The organization reported total revenue of $608K and total assets of $165K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Africa Schoolhouse Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Africa Schoolhouse Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$337K
Total Expenses$345K
Surplus / Deficit$-7,875
Total Assets$9K
Net Assets$9K
Operating Margin-2.3%
Months of Reserves0.3 months

Financial Health Grade: C

In 2023, Africa Schoolhouse Foundation reported a deficit of $8K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited).

Financial Trends

Over 13 years of filings (2011–2023), Africa Schoolhouse Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023+405.1%+430.7%-80.1%
2022+16.9%+40.5%+3.8%
2021-52.5%-69.1%+26.0%
2020+2.4%-2.7%-43.6%
2019+84.8%+265.2%-22.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Africa Schoolhouse Foundation demonstrates a commitment to its mission, as evidenced by its consistent program spending. In the most recent filing (202312), the organization reported $336,906 in revenue against $344,781 in expenses, indicating that nearly all funds are being deployed for its charitable activities. The organization's assets have fluctuated over time, from a high of $163,893 in 2015 to $9,475 in 2023, suggesting a strategy of spending down available funds rather than accumulating large reserves. This approach, combined with zero reported officer compensation across all filings, points to a lean operational model focused on direct impact. The foundation's financial health appears stable, with revenue generally covering expenses, though some years show deficits (e.g., 202312, 202012, 201912). The absence of liabilities in most years, including the latest, indicates sound financial management and a lack of reliance on debt. The organization's transparency is high, given its consistent filing of IRS Form 990s and the clear indication of no executive compensation, which is a strong positive for donor confidence. The relatively small asset base suggests that the organization is not building significant endowments but rather channeling resources directly to its programs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Africa Schoolhouse Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, Africa Schoolhouse Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$337KTotal Revenue
$345KTotal Expenses
$9KTotal Assets
$9KNet Assets
  • The organization reported a deficit of $8K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly unusual for an organization with over $300,000 in annual expenses.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Africa Schoolhouse Foundation's IRS 990 filings:

  • Significant year-to-year revenue volatility, making long-term planning potentially challenging.
  • Assets have significantly decreased from $163,893 in 2015 to $9,475 in 2023, indicating a potential lack of reserves for future operations.

Strengths

The following positive indicators were identified for Africa Schoolhouse Foundation:

  • Consistent 0% officer compensation across all filings, indicating a strong commitment to mission over executive pay.
  • High program spending efficiency, with nearly all expenses directed towards charitable activities.
  • Minimal to no liabilities reported in most years, demonstrating sound financial management.
  • Consistent IRS 990 filing history (13 filings), indicating strong transparency and compliance.

Frequently Asked Questions about Africa Schoolhouse Foundation

Is Africa Schoolhouse Foundation a legitimate charity?

Africa Schoolhouse Foundation (EIN: 208955367) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $608K. 2 red flags identified. 4 strengths noted. Financial health grade: C.

How does Africa Schoolhouse Foundation spend its money?

Africa Schoolhouse Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Africa Schoolhouse Foundation tax-deductible?

Africa Schoolhouse Foundation is registered as a tax-exempt nonprofit (EIN: 208955367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Africa Schoolhouse Foundation CEO make?

Africa Schoolhouse Foundation's highest-compensated officer earns $300,000 annually. The organization reported $608K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Africa Schoolhouse Foundation's spending goes to programs?

Africa Schoolhouse Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Africa Schoolhouse Foundation compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Africa Schoolhouse Foundation is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Africa Schoolhouse Foundation located?

Africa Schoolhouse Foundation is headquartered in Portland, Maine and files with the IRS under EIN 208955367. It is classified under NTEE code Q33.

How many years of IRS 990 filings does Africa Schoolhouse Foundation have?

Africa Schoolhouse Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $608K in total revenue.

Is Africa Schoolhouse Foundation a good charity?

Based on the available data, Africa Schoolhouse Foundation appears to be a highly efficient and mission-focused charity. Its consistent reporting of 0% officer compensation and the deployment of nearly all revenue towards expenses (e.g., $336,906 revenue vs. $344,781 expenses in 202312) suggest a strong commitment to its programmatic goals rather than administrative overhead or executive enrichment.

How does Africa Schoolhouse Foundation manage its assets?

The organization's asset management strategy appears to be focused on deploying funds rather than accumulating them. Assets have fluctuated significantly, from a high of $163,893 in 2015 to $9,475 in 2023, indicating that the organization spends down its resources to fund its operations and programs rather than building large reserves or endowments.

What is the trend in Africa Schoolhouse Foundation's revenue?

Africa Schoolhouse Foundation's revenue has shown significant variability over the years. While the latest reported revenue for 202312 was $336,906, it was as low as $57,063 in 202112 and as high as $140,612 in 201412 (excluding the 'Latest Revenue' figure which is an aggregate). This fluctuation suggests reliance on varying levels of donor support year-to-year.

Filing History

IRS 990 filing history for Africa Schoolhouse Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Africa Schoolhouse Foundation's revenue has grown by 52.2%, moving from $221K to $337K. Total assets decreased by 94% over the same period, from $157K to $9K. Total functional expenses rose by 293.4%, from $88K to $345K. In its most recent filing year (2023), Africa Schoolhouse Foundation reported a deficit of $8K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $337K $345K $9K $0
2022 $67K $65K $48K $0 View 990
2021 $57K $46K $46K $0 View 990
2020 $120K $150K $36K $1K View 990
2019 $117K $154K $65K $0 View 990
2018 $63K $42K $83K $0 View 990
2017 $62K $97K $62K $0 View 990
2016 $73K $140K $96K $0 View 990
2015 $115K $92K $164K $0 View 990
2014 $141K $58K $154K $0 View 990
2013 $134K $135K $71K $0 View 990
2012 $43K $129K $71K $0 View 990
2011 $221K $88K $157K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $337K, expenses of $345K, and assets of $9K (revenue +405.1% year-over-year).
  • 2022: Revenue of $67K, expenses of $65K, and assets of $48K (revenue +16.9% year-over-year).
  • 2021: Revenue of $57K, expenses of $46K, and assets of $46K (revenue -52.5% year-over-year).
  • 2020: Revenue of $120K, expenses of $150K, and assets of $36K (revenue +2.4% year-over-year).
  • 2019: Revenue of $117K, expenses of $154K, and assets of $65K (revenue +84.8% year-over-year).
  • 2018: Revenue of $63K, expenses of $42K, and assets of $83K (revenue +1.9% year-over-year).
  • 2017: Revenue of $62K, expenses of $97K, and assets of $62K (revenue -14.4% year-over-year).
  • 2016: Revenue of $73K, expenses of $140K, and assets of $96K (revenue -36.5% year-over-year).
  • 2015: Revenue of $115K, expenses of $92K, and assets of $164K (revenue -18.5% year-over-year).
  • 2014: Revenue of $141K, expenses of $58K, and assets of $154K (revenue +4.7% year-over-year).
  • 2013: Revenue of $134K, expenses of $135K, and assets of $71K (revenue +211.5% year-over-year).
  • 2012: Revenue of $43K, expenses of $129K, and assets of $71K (revenue -80.5% year-over-year).
  • 2011: Revenue of $221K, expenses of $88K, and assets of $157K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Africa Schoolhouse Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Africa Schoolhouse Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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

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