Altus Schools San Diego
EIN: 330929350 · San Diego, CA · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $46.1M |
| Total Expenses | $34.6M |
| Net Assets | $45.2M |
Is Altus Schools San Diego Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Altus Schools San Diego
Altus Schools San Diego (EIN: 330929350) is a nonprofit organization based in San Diego, CA, classified under NTEE code B29. The organization reported total revenue of $46.1M and total assets of $63.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Altus Schools San Diego's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Altus Schools San Diego 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 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33.5M |
| Total Expenses | $34.6M |
| Surplus / Deficit | $-1,160,632 |
| Total Assets | $58.9M |
| Total Liabilities | $13.7M |
| Net Assets | $45.2M |
| Operating Margin | -3.5% |
| Debt-to-Asset Ratio | 23.3% |
| Months of Reserves | 20.4 months |
Financial Health Grade: B
In 2023, Altus Schools San Diego reported a deficit of $1.2M with expenses exceeding revenue, holds 20.4 months of operating reserves (strong position), has a debt-to-asset ratio of 23.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Altus Schools San Diego's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.0% | +10.7% | +21.2% |
| 2022 | +12.0% | -2.3% | -9.3% |
| 2021 | +7.8% | +9.1% | +14.6% |
| 2020 | -0.4% | +0.6% | +11.3% |
| 2019 | +10.7% | +9.4% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Altus Schools San Diego has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Altus Schools San Diego with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.3%.
Frequently Asked Questions about Altus Schools San Diego
Is Altus Schools San Diego a legitimate charity?
Altus Schools San Diego (EIN: 330929350) is a registered tax-exempt nonprofit based in California. It has 13 years of IRS 990 filings on record. Total revenue: $46.1M. No red flags identified. Financial health grade: B.
How does Altus Schools San Diego spend its money?
Altus Schools San Diego reported $46.1M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Altus Schools San Diego tax-deductible?
Altus Schools San Diego is registered as a tax-exempt nonprofit (EIN: 330929350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Altus Schools San Diego located?
Altus Schools San Diego is headquartered in San Diego, California and files with the IRS under EIN 330929350. It is classified under NTEE code B29.
How many years of IRS 990 filings does Altus Schools San Diego have?
Altus Schools San Diego 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 $46.1M in total revenue.
Filing History
IRS 990 filing history for Altus Schools San Diego showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Altus Schools San Diego's revenue has grown by 110.7%, moving from $15.9M to $33.5M. Total assets increased by 239.9% over the same period, from $17.3M to $58.9M. Total functional expenses rose by 97.1%, from $17.6M to $34.6M. In its most recent filing year (2023), Altus Schools San Diego reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $13.7M in liabilities against $58.9M in assets (debt-to-asset ratio: 23.3%), resulting in net assets of $45.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33.5M | $34.6M | $58.9M | $13.7M | — | — |
| 2022 | $36.4M | $31.3M | $48.6M | $1.9M | — | View 990 |
| 2021 | $32.5M | $32.0M | $53.6M | $12.0M | — | — |
| 2020 | $30.1M | $29.4M | $46.7M | $5.6M | — | — |
| 2019 | $30.3M | $29.2M | $42.0M | $1.6M | — | View 990 |
| 2018 | $27.3M | $26.7M | $41.0M | $1.7M | — | View 990 |
| 2017 | $33.2M | $35.4M | $44.6M | $5.9M | — | View 990 |
| 2016 | $32.3M | $19.4M | $35.2M | $1.2M | — | View 990 |
| 2015 | $20.8M | $17.6M | $22.2M | $1.1M | — | View 990 |
| 2014 | $17.3M | $19.3M | $18.6M | $803K | — | View 990 |
| 2013 | $16.8M | $16.2M | $20.8M | $1.0M | — | View 990 |
| 2012 | $16.9M | $14.1M | $20.1M | $958K | — | View 990 |
| 2011 | $15.9M | $17.6M | $17.3M | $999K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33.5M, expenses of $34.6M, and assets of $58.9M (revenue -8.0% year-over-year).
- 2022: Revenue of $36.4M, expenses of $31.3M, and assets of $48.6M (revenue +12.0% year-over-year).
- 2021: Revenue of $32.5M, expenses of $32.0M, and assets of $53.6M (revenue +7.8% year-over-year).
- 2020: Revenue of $30.1M, expenses of $29.4M, and assets of $46.7M (revenue -0.4% year-over-year).
- 2019: Revenue of $30.3M, expenses of $29.2M, and assets of $42.0M (revenue +10.7% year-over-year).
- 2018: Revenue of $27.3M, expenses of $26.7M, and assets of $41.0M (revenue -17.6% year-over-year).
- 2017: Revenue of $33.2M, expenses of $35.4M, and assets of $44.6M (revenue +2.6% year-over-year).
- 2016: Revenue of $32.3M, expenses of $19.4M, and assets of $35.2M (revenue +55.1% year-over-year).
- 2015: Revenue of $20.8M, expenses of $17.6M, and assets of $22.2M (revenue +20.2% year-over-year).
- 2014: Revenue of $17.3M, expenses of $19.3M, and assets of $18.6M (revenue +3.4% year-over-year).
- 2013: Revenue of $16.8M, expenses of $16.2M, and assets of $20.8M (revenue -0.8% year-over-year).
- 2012: Revenue of $16.9M, expenses of $14.1M, and assets of $20.1M (revenue +6.4% year-over-year).
- 2011: Revenue of $15.9M, expenses of $17.6M, and assets of $17.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Altus Schools San Diego:
Data Sources and Methodology
This transparency report for Altus Schools San Diego 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.