Amber Charter School
Amber Charter School shows significant asset growth and consistent operations, with recent expenses exceeding revenue and no reported officer compensation.
EIN: 134119814 · New York, NY · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $31.1M |
| Total Expenses | $28.5M |
| Program Spending | 85% |
| Net Assets | $10.6M |
| Transparency Score | 88/100 |
Is Amber Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amber Charter School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amber Charter School
Amber Charter School (EIN: 134119814) is a nonprofit organization based in New York, NY, classified under NTEE code B20. The organization reported total revenue of $31.1M and total assets of $113.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amber Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amber Charter School is a large nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.2M |
| Total Expenses | $28.5M |
| Surplus / Deficit | $-1,338,405 |
| Total Assets | $120.1M |
| Total Liabilities | $109.5M |
| Net Assets | $10.6M |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 91.2% |
| Months of Reserves | 50.5 months |
Financial Health Grade: C
In 2023, Amber Charter School reported a deficit of $1.3M with expenses exceeding revenue, holds 50.5 months of operating reserves (strong position), has a debt-to-asset ratio of 91.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Amber Charter School's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.0% | -5.9% | +404.1% |
| 2022 | +34.0% | +75.1% | +30.7% |
| 2021 | +18.0% | +17.7% | +12.7% |
| 2020 | +12.0% | +6.2% | +40.0% |
| 2019 | +18.1% | +8.2% | +24.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Amber Charter School with a Mission Score of 88 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, Amber Charter School 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 deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 91.2%.
Executive Compensation Analysis
Amber Charter School consistently reports 0% officer compensation across all available filings, indicating that its highest-ranking executives do not receive direct compensation, which is highly favorable for directing resources to its educational mission.
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 Amber Charter School's IRS 990 filings:
- Expenses exceeding revenue in recent fiscal years (e.g., 2023 and 2022), indicating potential operational deficits.
- Significant increase in liabilities from $11.8M in 2022 to $109.5M in 2023, likely tied to the asset growth but warrants scrutiny regarding debt management.
Strengths
The following positive indicators were identified for Amber Charter School:
- Consistent reporting of 0% officer compensation, indicating strong commitment to directing funds to mission.
- Significant growth in assets and revenue over the past decade, demonstrating organizational expansion and capacity.
- Long operational history with 13 IRS 990 filings, suggesting stability and established presence.
Frequently Asked Questions about Amber Charter School
Is Amber Charter School a legitimate charity?
Amber Charter School (EIN: 134119814) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $31.1M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Amber Charter School spend its money?
Amber Charter School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Amber Charter School tax-deductible?
Amber Charter School is registered as a tax-exempt nonprofit (EIN: 134119814). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Amber Charter School's spending goes to programs?
Amber Charter School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Amber Charter School compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Amber Charter 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 Amber Charter School located?
Amber Charter School is headquartered in New York, New York and files with the IRS under EIN 134119814. It is classified under NTEE code B20.
How many years of IRS 990 filings does Amber Charter School have?
Amber Charter School 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 $31.1M in total revenue.
Is Amber Charter School financially sustainable given recent expense trends?
While Amber Charter School has experienced periods where expenses exceeded revenue (e.g., $28.5M expenses vs. $27.1M revenue in 2023), its substantial asset base of $120.1M suggests a strong financial foundation. The organization may be drawing on reserves or other capital for growth and operations, but consistent deficits could pose long-term sustainability questions if not addressed.
What caused the significant increase in assets from $23.8M in 2022 to $120.1M in 2023?
The dramatic increase in assets, particularly for a charter school, strongly suggests a major capital project, such as the acquisition or construction of new facilities. This is a common occurrence for growing educational institutions.
How does Amber Charter School manage to report 0% officer compensation?
Reporting 0% officer compensation typically means that the highest-ranking executives are either volunteers, compensated through a related management entity, or their compensation is not categorized as 'officer compensation' on the 990 form. For a school, it could also mean that the principal or superintendent's salary is reported under program expenses rather than officer compensation.
Filing History
IRS 990 filing history for Amber Charter School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Amber Charter School's revenue has grown by 308.5%, moving from $6.7M to $27.2M. Total assets increased by 1732.7% over the same period, from $6.6M to $120.1M. Total functional expenses rose by 383.6%, from $5.9M to $28.5M. In its most recent filing year (2023), Amber Charter School reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $109.5M in liabilities against $120.1M in assets (debt-to-asset ratio: 91.2%), resulting in net assets of $10.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.2M | $28.5M | $120.1M | $109.5M | — | View 990 |
| 2022 | $28.0M | $30.3M | $23.8M | $11.9M | — | View 990 |
| 2021 | $20.9M | $17.3M | $18.2M | $4.0M | — | View 990 |
| 2020 | $17.7M | $14.7M | $16.2M | $5.6M | — | View 990 |
| 2019 | $15.8M | $13.8M | $11.6M | $4.0M | — | View 990 |
| 2018 | $13.4M | $12.8M | $9.3M | $3.7M | — | View 990 |
| 2017 | $10.6M | $10.4M | $8.5M | $3.5M | — | View 990 |
| 2016 | $7.9M | $7.5M | $8.0M | $3.1M | — | View 990 |
| 2015 | $7.6M | $7.1M | $7.8M | $3.4M | — | View 990 |
| 2014 | $6.9M | $6.8M | $7.3M | $3.3M | — | View 990 |
| 2013 | $7.0M | $6.6M | $7.1M | $3.3M | — | View 990 |
| 2012 | $6.7M | $6.8M | $6.7M | $3.2M | — | View 990 |
| 2011 | $6.7M | $5.9M | $6.6M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.2M, expenses of $28.5M, and assets of $120.1M (revenue -3.0% year-over-year).
- 2022: Revenue of $28.0M, expenses of $30.3M, and assets of $23.8M (revenue +34.0% year-over-year).
- 2021: Revenue of $20.9M, expenses of $17.3M, and assets of $18.2M (revenue +18.0% year-over-year).
- 2020: Revenue of $17.7M, expenses of $14.7M, and assets of $16.2M (revenue +12.0% year-over-year).
- 2019: Revenue of $15.8M, expenses of $13.8M, and assets of $11.6M (revenue +18.1% year-over-year).
- 2018: Revenue of $13.4M, expenses of $12.8M, and assets of $9.3M (revenue +26.7% year-over-year).
- 2017: Revenue of $10.6M, expenses of $10.4M, and assets of $8.5M (revenue +33.9% year-over-year).
- 2016: Revenue of $7.9M, expenses of $7.5M, and assets of $8.0M (revenue +3.7% year-over-year).
- 2015: Revenue of $7.6M, expenses of $7.1M, and assets of $7.8M (revenue +10.0% year-over-year).
- 2014: Revenue of $6.9M, expenses of $6.8M, and assets of $7.3M (revenue -1.1% year-over-year).
- 2013: Revenue of $7.0M, expenses of $6.6M, and assets of $7.1M (revenue +4.4% year-over-year).
- 2012: Revenue of $6.7M, expenses of $6.8M, and assets of $6.7M (revenue +0.9% year-over-year).
- 2011: Revenue of $6.7M, expenses of $5.9M, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amber Charter School:
Data Sources and Methodology
This transparency report for Amber 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.