Algiers Charter School Association Inc

Algiers Charter School Association consistently operates with a surplus and reports no officer compensation.

EIN: 203737902 · New Orleans, LA · NTEE: B29 · Updated: 2026-03-28

$28.2MRevenue
$15.9MAssets
92/100Mission Score (Excellent)
B29
Algiers Charter School Association Inc Financial Summary
MetricValue
Total Revenue$28.2M
Total Expenses$26.9M
Program Spending90%
Net Assets$14.2M
Transparency Score92/100

Is Algiers Charter School Association Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

Algiers Charter School Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Algiers Charter School Association Inc

Algiers Charter School Association Inc (EIN: 203737902) is a nonprofit organization based in New Orleans, LA, classified under NTEE code B29. The organization reported total revenue of $28.2M and total assets of $15.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Algiers Charter School Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Algiers Charter School Association Inc is a large nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$29.6M
Total Expenses$26.9M
Surplus / Deficit+$2.7M
Total Assets$16.3M
Total Liabilities$2.1M
Net Assets$14.2M
Operating Margin9.2%
Debt-to-Asset Ratio12.7%
Months of Reserves7.3 months

Financial Health Grade: A

In 2023, Algiers Charter School Association Inc reported a surplus of $2.7M with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 12.7% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Algiers Charter School Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+1.1%+12.6%+21.5%
2022+36.5%+6.2%+16.3%
2021-4.5%-5.3%-7.5%
2020-23.9%-25.5%+21.8%
2019-26.3%-21.9%-22.3%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2005

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

AI Transparency Report

Algiers Charter School Association Inc. demonstrates a generally stable financial position, with recent filings showing consistent revenue growth and positive net assets. In the 202306 period, the organization reported revenues of $29,565,522 against expenses of $26,858,151, resulting in a surplus. This trend of revenue exceeding expenses is a positive indicator, especially when compared to earlier periods like 201906 where expenses ($31,827,534) exceeded revenues ($29,471,689). The organization's spending efficiency appears to be sound, with a significant portion of its budget likely directed towards its educational programs, given its NTEE code (B29 - Elementary & Secondary Education). The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, which is a notable strength in terms of financial transparency and resource allocation. While specific program, administrative, and fundraising breakdowns are not provided in the summary data, the overall financial health appears robust with growing assets and manageable liabilities. Transparency is further enhanced by the consistent filing of IRS Form 990s over many years, providing a clear historical record of financial activity. The absence of reported officer compensation is a key factor in assessing its transparency and commitment to mission-driven spending. The organization's assets have also shown growth, from $10,249,675 in 201906 to $16,307,398 in 202306, indicating prudent financial management and accumulation of resources.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Algiers Charter School Association Inc 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

According to IRS 990 filings, Algiers Charter School Association Inc 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:

$29.6MTotal Revenue
$26.9MTotal Expenses
$16.3MTotal Assets
$2.1MTotal Liabilities
$14.2MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with revenues consistently in the tens of millions.

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 Algiers Charter School Association Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Algiers Charter School Association Inc:

Frequently Asked Questions about Algiers Charter School Association Inc

Is Algiers Charter School Association Inc a legitimate charity?

Algiers Charter School Association Inc (EIN: 203737902) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $28.2M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Algiers Charter School Association Inc spend its money?

Algiers Charter School Association Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Algiers Charter School Association Inc tax-deductible?

Algiers Charter School Association Inc is registered as a tax-exempt nonprofit (EIN: 203737902). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Algiers Charter School Association Inc's spending goes to programs?

Algiers Charter School Association Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Algiers Charter School Association Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Algiers Charter School Association Inc is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Algiers Charter School Association Inc located?

Algiers Charter School Association Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 203737902. It is classified under NTEE code B29.

How many years of IRS 990 filings does Algiers Charter School Association Inc have?

Algiers Charter School Association Inc 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 $28.2M in total revenue.

Is Algiers Charter School Association Inc. financially stable?

Yes, the organization appears financially stable, consistently generating surpluses in recent years (e.g., $2,707,371 in 202306) and showing growth in assets from $10,249,675 in 201906 to $16,307,398 in 202306.

How does Algiers Charter School Association Inc. manage executive compensation?

The organization reports 0% officer compensation across all 13 available filings, suggesting that no officers receive salaries directly from the organization.

Has the organization's revenue been consistent?

Revenue has fluctuated over the years, peaking at $50,598,699 in 201406 and more recently stabilizing around $29 million (e.g., $29,565,522 in 202306).

Are the organization's liabilities manageable?

Yes, liabilities have generally remained at manageable levels relative to assets, with the latest filing showing liabilities of $2,071,042 against assets of $16,307,398.

Filing History

IRS 990 filing history for Algiers Charter School Association Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Algiers Charter School Association Inc's revenue has declined by 34.3%, moving from $45.0M to $29.6M. Total assets decreased by 18.2% over the same period, from $19.9M to $16.3M. Total functional expenses fell by 40.4%, from $45.1M to $26.9M. In its most recent filing year (2023), Algiers Charter School Association Inc reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $16.3M in assets (debt-to-asset ratio: 12.7%), resulting in net assets of $14.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $29.6M $26.9M $16.3M $2.1M
2022 $29.2M $23.9M $13.4M $1.9M View 990
2021 $21.4M $22.5M $11.5M $5.4M
2020 $22.4M $23.7M $12.5M $5.2M
2019 $29.5M $31.8M $10.2M $1.7M View 990
2018 $40.0M $40.8M $13.2M $2.3M View 990
2017 $45.4M $45.0M $15.0M $3.3M View 990
2016 $48.1M $47.2M $17.3M $5.1M View 990
2015 $48.9M $49.7M $14.3M $3.0M View 990
2014 $50.6M $49.4M $16.4M $4.2M View 990
2013 $37.2M $39.3M $13.9M $3.0M View 990
2012 $39.0M $41.6M $17.9M $4.9M View 990
2011 $45.0M $45.1M $19.9M $4.3M View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Algiers Charter School Association Inc:

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 Algiers Charter School Association Inc 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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