Alternative Schools Inc
Alternative Schools Inc. shows significant asset growth alongside increased liabilities, with no reported officer compensation.
EIN: 200962395 · Woodland Hls, CA · NTEE: B29 · Updated: 2026-03-28
Is Alternative Schools Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alternative Schools Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alternative Schools Inc
Alternative Schools Inc (EIN: 200962395) is a nonprofit organization based in Woodland Hls, CA, classified under NTEE code B29. The organization reported total revenue of $7.5M and total assets of $34.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alternative Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alternative Schools Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.2M |
| Total Expenses | $9.2M |
| Surplus / Deficit | +$48K |
| Total Assets | $34.7M |
| Total Liabilities | $28.9M |
| Net Assets | $5.8M |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 83.2% |
| Months of Reserves | 45.5 months |
Financial Health Grade: A
In 2023, Alternative Schools Inc reported a surplus of $48K with revenue exceeding expenses, holds 45.5 months of operating reserves (strong position), has a debt-to-asset ratio of 83.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alternative Schools Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.5% | +11.2% | +368.0% |
| 2022 | +17.8% | +14.3% | +28.6% |
| 2021 | +13.1% | -25.0% | +7.9% |
| 2020 | -39.8% | +14.5% | -7.4% |
| 2019 | +56.0% | +11.9% | +190.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Alternative Schools Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Alternative Schools Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 83.2%.
Executive Compensation Analysis
Alternative Schools Inc. consistently reports 0% officer compensation across all available filings, indicating that its executive leadership does not receive salaries from the organization, which is a highly unusual and positive sign for resource allocation.
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 Alternative Schools Inc's IRS 990 filings:
- Significant increase in liabilities in 2023 ($28.8M) relative to assets ($34.6M), indicating potential high debt burden or complex financing.
- Expenses occasionally exceed revenue (e.g., 2020: $9.5M expenses vs. $7.3M revenue; 2014: $9.0M expenses vs. $8.1M revenue), which could lead to drawing down reserves if not managed.
Strengths
The following positive indicators were identified for Alternative Schools Inc:
- Consistent reporting of 0% officer compensation, indicating strong dedication of resources to the mission.
- Substantial asset growth to $34.6 million in 2023, suggesting increased capacity and financial stability.
- Generally stable revenue streams over a decade, demonstrating consistent donor support or funding sources.
- Positive net assets in most years, indicating financial solvency.
Frequently Asked Questions about Alternative Schools Inc
Is Alternative Schools Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alternative Schools Inc (EIN: 200962395) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Alternative Schools Inc spend its money?
Alternative Schools Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alternative Schools Inc tax-deductible?
Alternative Schools Inc is registered as a tax-exempt nonprofit (EIN: 200962395). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant increase in assets and liabilities between 2022 and 2023?
The organization's assets surged from $7.4 million in 2022 to $34.6 million in 2023, accompanied by a rise in liabilities from $1.6 million to $28.8 million. Understanding the nature of these transactions (e.g., property acquisition, new debt financing) is crucial for a complete financial picture.
How does Alternative Schools Inc. sustain its operations without officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that executives may be volunteers or compensated through other means not reported on the 990, or the organization has a unique operational model. This practice, while beneficial for direct program spending, raises questions about leadership sustainability and structure.
What are the specific program activities funded by Alternative Schools Inc.?
Given the NTEE code B29 (Elementary & Secondary Education), understanding the specific educational programs and initiatives supported by the organization's substantial revenue and assets would provide insight into its impact.
Filing History
IRS 990 filing history for Alternative Schools Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alternative Schools Inc's revenue has grown by 3%, moving from $8.9M to $9.2M. Total assets increased by 994.9% over the same period, from $3.2M to $34.7M. Total functional expenses rose by 3%, from $8.9M to $9.2M. In its most recent filing year (2023), Alternative Schools Inc reported a surplus of $48K, with revenue exceeding expenses. The organization holds $28.9M in liabilities against $34.7M in assets (debt-to-asset ratio: 83.2%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.2M | $9.2M | $34.7M | $28.9M | — | — |
| 2022 | $9.8M | $8.2M | $7.4M | $1.6M | — | View 990 |
| 2021 | $8.4M | $7.2M | $5.8M | $1.6M | — | View 990 |
| 2020 | $7.4M | $9.6M | $5.3M | $2.3M | — | View 990 |
| 2019 | $12.3M | $8.4M | $5.8M | $541K | — | View 990 |
| 2018 | $7.9M | $7.5M | $2.0M | $661K | — | View 990 |
| 2017 | $8.3M | $7.9M | $1.5M | $555K | — | View 990 |
| 2016 | $8.4M | $7.9M | $1.9M | $1.3M | — | View 990 |
| 2015 | $7.6M | $8.0M | $1.6M | $1.6M | — | View 990 |
| 2014 | $8.2M | $9.1M | $2.6M | $2.3M | — | View 990 |
| 2013 | $8.4M | $8.1M | $4.2M | $3.0M | — | View 990 |
| 2012 | $8.8M | $9.1M | $3.5M | $2.5M | — | View 990 |
| 2011 | $8.9M | $8.9M | $3.2M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.2M, expenses of $9.2M, and assets of $34.7M (revenue -6.5% year-over-year).
- 2022: Revenue of $9.8M, expenses of $8.2M, and assets of $7.4M (revenue +17.8% year-over-year).
- 2021: Revenue of $8.4M, expenses of $7.2M, and assets of $5.8M (revenue +13.1% year-over-year).
- 2020: Revenue of $7.4M, expenses of $9.6M, and assets of $5.3M (revenue -39.8% year-over-year).
- 2019: Revenue of $12.3M, expenses of $8.4M, and assets of $5.8M (revenue +56.0% year-over-year).
- 2018: Revenue of $7.9M, expenses of $7.5M, and assets of $2.0M (revenue -4.8% year-over-year).
- 2017: Revenue of $8.3M, expenses of $7.9M, and assets of $1.5M (revenue -2.1% year-over-year).
- 2016: Revenue of $8.4M, expenses of $7.9M, and assets of $1.9M (revenue +10.9% year-over-year).
- 2015: Revenue of $7.6M, expenses of $8.0M, and assets of $1.6M (revenue -6.8% year-over-year).
- 2014: Revenue of $8.2M, expenses of $9.1M, and assets of $2.6M (revenue -2.3% year-over-year).
- 2013: Revenue of $8.4M, expenses of $8.1M, and assets of $4.2M (revenue -5.2% year-over-year).
- 2012: Revenue of $8.8M, expenses of $9.1M, and assets of $3.5M (revenue -1.3% year-over-year).
- 2011: Revenue of $8.9M, expenses of $8.9M, and assets of $3.2M.
Data Sources and Methodology
This transparency report for Alternative Schools 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.