Apple Tree Early Learning Public Charter School
Apple Tree Early Learning Public Charter School consistently grows assets and maintains positive net income over a decade.
EIN: 201302458 · Washington, DC · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.5M |
| Total Expenses | $14.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $18 |
| Net Assets | $12.9M |
| Transparency Score | 88/100 |
Is Apple Tree Early Learning Public Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Apple Tree Early Learning Public Charter School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Apple Tree Early Learning Public Charter School
Apple Tree Early Learning Public Charter School (EIN: 201302458) is a nonprofit organization based in Washington, DC, classified under NTEE code B29. The organization reported total revenue of $18.5M and total assets of $30.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apple Tree Early Learning Public Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apple Tree Early Learning Public Charter School is a large nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.9M |
| Total Expenses | $14.2M |
| Surplus / Deficit | +$727K |
| Total Assets | $23.0M |
| Total Liabilities | $10.1M |
| Net Assets | $12.9M |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 43.7% |
| Months of Reserves | 19.5 months |
Financial Health Grade: A
In 2023, Apple Tree Early Learning Public Charter School reported a surplus of $727K with revenue exceeding expenses, holds 19.5 months of operating reserves (strong position), has a debt-to-asset ratio of 43.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Apple Tree Early Learning Public Charter School's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.7% | +5.2% | +23.6% |
| 2022 | -6.6% | +11.7% | +1.1% |
| 2021 | -0.5% | -4.1% | +11.4% |
| 2020 | +0.1% | -11.4% | +17.7% |
| 2019 | +1.4% | +3.5% | +26.6% |
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 Apple Tree Early Learning Public 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, Apple Tree Early Learning Public 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 surplus of $727K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer leadership structure or that executive compensation is covered through other means not reported as direct officer compensation on the 990, which is unusual for an organization of its size with over $18 million in revenue.
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 Apple Tree Early Learning Public Charter School's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual leadership compensation or structure for an organization of this size.
Strengths
The following positive indicators were identified for Apple Tree Early Learning Public Charter School:
- Consistent asset growth, from $7.6 million in 2014 to $30.4 million currently, demonstrating strong financial management.
- Positive net income in most reporting periods, indicating sustainable operations (e.g., 2023: Revenue $14.8M, Expenses $14.1M).
- Stable and growing revenue stream over the past decade, from $13.0 million in 2014 to $18.5 million currently.
- Low liabilities relative to assets, with a healthy balance sheet (e.g., 2023: Liabilities $10.0M vs. Assets $23.0M).
Frequently Asked Questions about Apple Tree Early Learning Public Charter School
Is Apple Tree Early Learning Public Charter School a legitimate charity?
Apple Tree Early Learning Public Charter School (EIN: 201302458) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 88/100. It has 12 years of IRS 990 filings on record. Total revenue: $18.5M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Apple Tree Early Learning Public Charter School spend its money?
Apple Tree Early Learning Public Charter School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Apple Tree Early Learning Public Charter School tax-deductible?
Apple Tree Early Learning Public Charter School is registered as a tax-exempt nonprofit (EIN: 201302458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Apple Tree Early Learning Public Charter School CEO make?
Apple Tree Early Learning Public Charter School's highest-compensated officer earns $18 annually. The organization reported $18.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Apple Tree Early Learning Public Charter School's spending goes to programs?
Apple Tree Early Learning Public Charter School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Apple Tree Early Learning Public Charter School compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Apple Tree Early Learning Public Charter School 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 Apple Tree Early Learning Public Charter School located?
Apple Tree Early Learning Public Charter School is headquartered in Washington, Washington DC and files with the IRS under EIN 201302458. It is classified under NTEE code B29.
How many years of IRS 990 filings does Apple Tree Early Learning Public Charter School have?
Apple Tree Early Learning Public Charter School has 12 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 $18.5M in total revenue.
Is Apple Tree Early Learning Public Charter School a good charity?
Based on its consistent financial growth, strong asset accumulation, and positive net income over a decade, Apple Tree Early Learning Public Charter School appears to be a financially sound organization effectively delivering on its mission.
How does Apple Tree Early Learning Public Charter School manage its executive compensation?
The organization consistently reports 0% officer compensation on its IRS 990 filings, which is unusual for an organization of its size. This could indicate a volunteer-led board or that compensation is structured in a way not captured under 'officer compensation' on the 990.
What is the trend in Apple Tree Early Learning Public Charter School's financial health?
Apple Tree Early Learning Public Charter School shows a strong positive trend in financial health, with assets growing from $7.6 million in 2014 to over $30 million currently, and revenues consistently exceeding expenses in most periods, indicating sustainable operations.
Filing History
IRS 990 filing history for Apple Tree Early Learning Public Charter School showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Apple Tree Early Learning Public Charter School's revenue has grown by 32.9%, moving from $11.2M to $14.9M. Total assets increased by 256.4% over the same period, from $6.5M to $23.0M. Total functional expenses rose by 29.9%, from $10.9M to $14.2M. In its most recent filing year (2023), Apple Tree Early Learning Public Charter School reported a surplus of $727K, with revenue exceeding expenses. The organization holds $10.1M in liabilities against $23.0M in assets (debt-to-asset ratio: 43.7%), resulting in net assets of $12.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.9M | $14.2M | $23.0M | $10.1M | — | — |
| 2022 | $13.7M | $13.4M | $18.6M | $6.4M | — | View 990 |
| 2021 | $14.7M | $12.0M | $18.4M | $6.4M | — | View 990 |
| 2020 | $14.7M | $12.6M | $16.5M | $7.2M | — | View 990 |
| 2019 | $14.7M | $14.2M | $14.0M | $7.1M | — | View 990 |
| 2018 | $14.5M | $13.7M | $11.1M | $4.7M | — | View 990 |
| 2017 | $13.0M | $12.7M | $8.5M | $2.9M | — | View 990 |
| 2016 | $13.6M | $12.8M | $8.8M | $3.4M | — | View 990 |
| 2015 | $13.2M | $12.2M | $8.3M | $3.7M | — | View 990 |
| 2014 | $13.0M | $12.0M | $7.6M | $4.0M | — | View 990 |
| 2013 | $12.0M | $11.4M | $6.7M | $4.1M | — | View 990 |
| 2012 | $11.2M | $10.9M | $6.5M | $4.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.9M, expenses of $14.2M, and assets of $23.0M (revenue +8.7% year-over-year).
- 2022: Revenue of $13.7M, expenses of $13.4M, and assets of $18.6M (revenue -6.6% year-over-year).
- 2021: Revenue of $14.7M, expenses of $12.0M, and assets of $18.4M (revenue -0.5% year-over-year).
- 2020: Revenue of $14.7M, expenses of $12.6M, and assets of $16.5M (revenue +0.1% year-over-year).
- 2019: Revenue of $14.7M, expenses of $14.2M, and assets of $14.0M (revenue +1.4% year-over-year).
- 2018: Revenue of $14.5M, expenses of $13.7M, and assets of $11.1M (revenue +12.0% year-over-year).
- 2017: Revenue of $13.0M, expenses of $12.7M, and assets of $8.5M (revenue -4.4% year-over-year).
- 2016: Revenue of $13.6M, expenses of $12.8M, and assets of $8.8M (revenue +2.7% year-over-year).
- 2015: Revenue of $13.2M, expenses of $12.2M, and assets of $8.3M (revenue +1.4% year-over-year).
- 2014: Revenue of $13.0M, expenses of $12.0M, and assets of $7.6M (revenue +8.5% year-over-year).
- 2013: Revenue of $12.0M, expenses of $11.4M, and assets of $6.7M (revenue +7.2% year-over-year).
- 2012: Revenue of $11.2M, expenses of $10.9M, and assets of $6.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apple Tree Early Learning Public Charter School:
Data Sources and Methodology
This transparency report for Apple Tree Early Learning Public 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.