Aletheia School
Aletheia School shows consistent growth and strong program spending with no reported officer compensation.
EIN: 134204571 · Peoria, IL · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $627K |
| Total Expenses | $532K |
| Program Spending | 90% |
| Net Assets | $143K |
| Transparency Score | 92/100 |
Is Aletheia School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aletheia School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aletheia School
Aletheia School (EIN: 134204571) is a nonprofit organization based in Peoria, IL, classified under NTEE code B20. The organization reported total revenue of $627K and total assets of $200K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aletheia School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aletheia School is a small nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 21.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $542K |
| Total Expenses | $532K |
| Surplus / Deficit | +$10K |
| Total Assets | $143K |
| Total Liabilities | $68 |
| Net Assets | $143K |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.2 months |
Financial Health Grade: A
In 2023, Aletheia School reported a surplus of $10K with revenue exceeding expenses, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Aletheia School's revenue has grown at a compound annual growth rate (CAGR) of 21.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.4% | +31.6% | +7.6% |
| 2022 | +34.9% | +45.7% | +26.9% |
| 2021 | +13.1% | +12.7% | +41.1% |
| 2020 | +22.7% | +14.4% | +89.0% |
| 2019 | +25.7% | +28.7% | +23.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aletheia School 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, Aletheia School 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:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Aletheia School reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size and revenue, and suggests a volunteer-led or very lean administrative structure.
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 Aletheia School's IRS 990 filings:
- Unusually low liabilities in earlier years, potentially indicating a cash-based operation or minimal debt, though this is not necessarily a negative flag for a school.
Strengths
The following positive indicators were identified for Aletheia School:
- Consistent revenue growth year-over-year, from $97,197 in 2014 to $541,927 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency and dedication.
- Strong program spending ratio, directing the vast majority of expenses to its mission.
- Healthy asset accumulation, growing from $15,741 in 2014 to $143,081 in 2023.
- Expenses consistently below revenue in recent years, demonstrating sound financial management.
Frequently Asked Questions about Aletheia School
Is Aletheia School a legitimate charity?
Aletheia School (EIN: 134204571) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $627K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Aletheia School spend its money?
Aletheia School directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Aletheia School tax-deductible?
Aletheia School is registered as a tax-exempt nonprofit (EIN: 134204571). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Aletheia School's spending goes to programs?
Aletheia School directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aletheia School compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Aletheia School is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aletheia School located?
Aletheia School is headquartered in Peoria, Illinois and files with the IRS under EIN 134204571. It is classified under NTEE code B20.
How many years of IRS 990 filings does Aletheia School have?
Aletheia School has 11 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 $627K in total revenue.
Is Aletheia School a good charity?
Based on its financial data, Aletheia School appears to be a very good charity. It demonstrates strong program spending, consistent revenue growth, and no reported officer compensation, all of which are positive indicators of efficiency and mission focus.
How has Aletheia School's revenue grown over time?
Aletheia School has experienced significant revenue growth, increasing from $97,197 in 2014 to $541,927 in 2023, representing over a 450% increase in less than a decade.
What is Aletheia School's approach to executive compensation?
Aletheia School reports 0% officer compensation in all available IRS 990 filings, indicating that its officers are not compensated, which is a strong sign of financial efficiency and dedication to its mission.
Filing History
IRS 990 filing history for Aletheia School showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Aletheia School's revenue has grown by 616.7%, moving from $76K to $542K. Total assets increased by 1278% over the same period, from $10K to $143K. Total functional expenses rose by 631.5%, from $73K to $532K. In its most recent filing year (2023), Aletheia School reported a surplus of $10K, with revenue exceeding expenses. The organization holds $68 in liabilities against $143K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $143K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $542K | $532K | $143K | $68 | — | — |
| 2022 | $429K | $404K | $133K | $0 | — | View 990 |
| 2021 | $318K | $277K | $105K | $0 | — | View 990 |
| 2020 | $281K | $246K | $74K | $0 | — | View 990 |
| 2019 | $229K | $215K | $39K | $0 | — | View 990 |
| 2018 | $182K | $167K | $32K | $0 | — | View 990 |
| 2017 | $155K | $159K | $17K | $0 | — | View 990 |
| 2016 | $142K | $139K | $21K | $0 | — | View 990 |
| 2015 | $126K | $127K | $18K | $0 | — | View 990 |
| 2014 | $97K | $92K | $16K | $0 | — | View 990 |
| 2013 | $76K | $73K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $542K, expenses of $532K, and assets of $143K (revenue +26.4% year-over-year).
- 2022: Revenue of $429K, expenses of $404K, and assets of $133K (revenue +34.9% year-over-year).
- 2021: Revenue of $318K, expenses of $277K, and assets of $105K (revenue +13.1% year-over-year).
- 2020: Revenue of $281K, expenses of $246K, and assets of $74K (revenue +22.7% year-over-year).
- 2019: Revenue of $229K, expenses of $215K, and assets of $39K (revenue +25.7% year-over-year).
- 2018: Revenue of $182K, expenses of $167K, and assets of $32K (revenue +17.6% year-over-year).
- 2017: Revenue of $155K, expenses of $159K, and assets of $17K (revenue +9.2% year-over-year).
- 2016: Revenue of $142K, expenses of $139K, and assets of $21K (revenue +12.8% year-over-year).
- 2015: Revenue of $126K, expenses of $127K, and assets of $18K (revenue +29.4% year-over-year).
- 2014: Revenue of $97K, expenses of $92K, and assets of $16K (revenue +28.5% year-over-year).
- 2013: Revenue of $76K, expenses of $73K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aletheia School:
Data Sources and Methodology
This transparency report for Aletheia 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.