Alder Grove Charter School
Alder Grove Charter School shows consistent revenue and asset growth with no reported officer compensation.
EIN: 205073440 · Eureka, CA · NTEE: B29 · Updated: 2026-03-28
Is Alder Grove Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alder Grove Charter School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alder Grove Charter School
Alder Grove Charter School (EIN: 205073440) is a nonprofit organization based in Eureka, CA, classified under NTEE code B29. The organization reported total revenue of $8.0M and total assets of $10.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alder Grove Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alder Grove Charter School with a Mission Score of 90 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Alder Grove Charter School allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the Form 990, which is unusual for an organization of its size with over $6 million 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 Alder Grove Charter School's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size, which may obscure how leadership is compensated.
- Significant increase in liabilities in the most recent filing (2023) from $671,746 to $3,276,496, which warrants further investigation into its nature.
Strengths
The following positive indicators were identified for Alder Grove Charter School:
- Consistent and strong revenue growth over the past decade, from $2.5M in 2014 to $6.7M in 2023.
- Substantial asset growth, increasing from $1.3M in 2014 to $10.4M in 2023, indicating strong financial health.
- Expenses consistently below revenue, allowing for accumulation of assets and financial stability.
- Strong program focus, implied by the nature of a charter school and the lack of significant fundraising or administrative overhead reported.
Frequently Asked Questions about Alder Grove Charter School
Is Alder Grove Charter School a legitimate charity?
Based on AI analysis of IRS 990 filings, Alder Grove Charter School (EIN: 205073440) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Alder Grove Charter School spend its money?
Alder Grove Charter School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alder Grove Charter School tax-deductible?
Alder Grove Charter School is registered as a tax-exempt nonprofit (EIN: 205073440). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Alder Grove Charter School a good charity?
Based on its financial health, consistent program spending, and lack of reported officer compensation, Alder Grove Charter School appears to be a well-managed organization effectively utilizing its resources for its educational mission. Its sustained growth in revenue and assets over a decade further supports this assessment.
How does Alder Grove Charter School fund its operations?
As a charter school, its primary funding likely comes from state and local government grants and contracts related to student enrollment, which is typical for NTEE code B29 (Elementary & Secondary Education). The consistent revenue growth suggests stable funding streams.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation is unusual for an organization of this scale. It could mean that key leadership roles are filled by volunteers, or that compensation is structured in a way that it's not reported under 'officer compensation' on the 990, such as being included in general salaries or contractor fees. This warrants further inquiry for complete transparency.
What caused the significant increase in liabilities in 2023?
Liabilities increased from $671,746 in 2022 to $3,276,496 in 2023. This substantial jump could be due to various factors such as new construction projects, significant capital expenditures, or changes in debt structure. While the organization's assets also grew, understanding the nature of these liabilities would provide a clearer financial picture.
Filing History
IRS 990 filing history for Alder Grove Charter School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alder Grove Charter School's revenue has grown by 306.1%, moving from $1.7M to $6.8M. Total assets increased by 1228.1% over the same period, from $789K to $10.5M. Total functional expenses rose by 291.8%, from $1.6M to $6.4M. In its most recent filing year (2023), Alder Grove Charter School reported a surplus of $306K, with revenue exceeding expenses. The organization holds $3.3M in liabilities against $10.5M in assets (debt-to-asset ratio: 31.3%), resulting in net assets of $7.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $6.8M | $6.4M | $10.5M | $3.3M | — | View 990 |
| 2022 | $6.2M | $5.4M | $8.0M | $672K | — | View 990 |
| 2021 | $5.7M | $4.8M | $7.0M | $514K | — | View 990 |
| 2020 | $5.2M | $4.6M | $6.1M | $435K | — | View 990 |
| 2019 | $5.3M | $4.4M | $5.3M | $247K | — | View 990 |
| 2018 | $4.6M | $3.8M | $4.4M | $249K | — | View 990 |
| 2017 | $4.4M | $3.5M | $3.6M | $282K | — | View 990 |
| 2016 | $3.9M | $2.9M | $2.7M | $281K | — | View 990 |
| 2015 | $2.9M | $2.6M | $1.7M | $344K | — | View 990 |
| 2014 | $2.6M | $2.3M | $1.3M | $217K | — | View 990 |
| 2013 | $2.1M | $2.0M | $1.0M | $211K | — | View 990 |
| 2012 | $1.8M | $1.7M | $811K | $168K | — | View 990 |
| 2011 | $1.7M | $1.6M | $789K | $209K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.8M, expenses of $6.4M, and assets of $10.5M (revenue +9.1% year-over-year).
- 2022: Revenue of $6.2M, expenses of $5.4M, and assets of $8.0M (revenue +9.5% year-over-year).
- 2021: Revenue of $5.7M, expenses of $4.8M, and assets of $7.0M (revenue +9.0% year-over-year).
- 2020: Revenue of $5.2M, expenses of $4.6M, and assets of $6.1M (revenue -2.7% year-over-year).
- 2019: Revenue of $5.3M, expenses of $4.4M, and assets of $5.3M (revenue +15.8% year-over-year).
- 2018: Revenue of $4.6M, expenses of $3.8M, and assets of $4.4M (revenue +3.8% year-over-year).
- 2017: Revenue of $4.4M, expenses of $3.5M, and assets of $3.6M (revenue +14.9% year-over-year).
- 2016: Revenue of $3.9M, expenses of $2.9M, and assets of $2.7M (revenue +32.6% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.6M, and assets of $1.7M (revenue +13.7% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.3M, and assets of $1.3M (revenue +20.4% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.0M, and assets of $1.0M (revenue +20.2% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.7M, and assets of $811K (revenue +6.4% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $789K.
Data Sources and Methodology
This transparency report for Alder Grove Charter School 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.