Axl Charter School
Axl Charter School consistently directs funds to programs but carries significant liabilities.
EIN: 203841235 · Aurora, CO · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.0M |
| Total Expenses | $5.4M |
| Program Spending | 85% |
| Net Assets | $-5,086,980 |
| Transparency Score | 75/100 |
Is Axl Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Axl Charter School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Axl Charter School
Axl Charter School (EIN: 203841235) is a nonprofit organization based in Aurora, CO, classified under NTEE code B24. The organization reported total revenue of $11.0M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Axl Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Axl Charter School is a large nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $5.4M |
| Surplus / Deficit | $-271,867 |
| Total Assets | $4.2M |
| Total Liabilities | $9.3M |
| Net Assets | $-5,086,980 |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 221.1% |
| Months of Reserves | 9.3 months |
Financial Health Grade: C
In 2023, Axl Charter School reported a deficit of $272K with expenses exceeding revenue, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 221.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Axl Charter School's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +8.0% | +44.3% |
| 2022 | -3.5% | -1.8% | -11.3% |
| 2021 | -2.8% | +79.0% | +40.7% |
| 2020 | +5.4% | -33.8% | -18.5% |
| 2019 | +18.2% | -39.9% | -39.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
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 Axl Charter School with a Mission Score of 75 out of 100 (Good). 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, Axl 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 $272K, with expenses exceeding revenue.
- Debt-to-asset ratio: 221.1%.
Executive Compensation Analysis
Axl Charter School consistently reports 0% officer compensation across all available filings, suggesting either a volunteer leadership model or that executive compensation is categorized differently, which enhances transparency regarding direct officer pay.
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 Axl Charter School's IRS 990 filings:
- Consistent and significant negative net assets, with liabilities far exceeding assets (e.g., 2023: $9.2M liabilities vs. $4.2M assets).
- Frequent operational deficits, where expenses exceed revenue in multiple years (e.g., 2023: $5.4M expenses vs. $5.1M revenue; 2018: $7.1M expenses vs. $4.3M revenue).
Strengths
The following positive indicators were identified for Axl Charter School:
- Consistent dedication to program services, as indicated by the nature of a charter school's operations.
- Stable revenue growth over the past decade, from $3.7 million in 2014 to over $5 million in recent years.
- No reported officer compensation, indicating either volunteer leadership or high transparency in this specific area.
Frequently Asked Questions about Axl Charter School
Is Axl Charter School a legitimate charity?
Based on AI analysis of IRS 990 filings, Axl Charter School (EIN: 203841235) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Axl Charter School spend its money?
Axl Charter School directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Axl Charter School tax-deductible?
Axl Charter School is registered as a tax-exempt nonprofit (EIN: 203841235). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Axl Charter School's spending goes to programs?
Axl Charter School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Axl Charter School compare to similar nonprofits?
With a transparency score of 75/100 (Good), Axl Charter School is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Axl Charter School located?
Axl Charter School is headquartered in Aurora, Colorado and files with the IRS under EIN 203841235. It is classified under NTEE code B24.
How many years of IRS 990 filings does Axl Charter School have?
Axl 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 $11.0M in total revenue.
What is the nature of Axl Charter School's significant liabilities, which consistently exceed its assets?
The filings show liabilities frequently in the range of $6 million to $15 million, significantly higher than assets, which typically range from $1 million to $5 million. Understanding the composition of these liabilities (e.g., bonds, mortgages, operational debt) is crucial for assessing long-term financial risk.
How does Axl Charter School manage to operate with consistent negative net assets?
With liabilities often double or triple the assets, the organization consistently has negative net assets. This financial structure suggests a reliance on ongoing revenue to cover operational costs and debt servicing, rather than building significant reserves.
Is the 0% officer compensation truly indicative of no executive pay, or is it reported elsewhere?
While the 990s consistently show 0% for officer compensation, it's important to verify if executive salaries are included in other expense categories like 'salaries and wages' or if leadership roles are genuinely unpaid, which would be unusual for an organization of this size.
Filing History
IRS 990 filing history for Axl Charter School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Axl Charter School's revenue has grown by 64.7%, moving from $3.1M to $5.1M. Total assets increased by 1291.8% over the same period, from $302K to $4.2M. Total functional expenses rose by 72.3%, from $3.1M to $5.4M. In its most recent filing year (2023), Axl Charter School reported a deficit of $272K, with expenses exceeding revenue. The organization holds $9.3M in liabilities against $4.2M in assets (debt-to-asset ratio: 221.1%), resulting in net assets of $-5,086,980.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $5.4M | $4.2M | $9.3M | — | View 990 |
| 2022 | $5.1M | $5.0M | $2.9M | $6.8M | — | View 990 |
| 2021 | $5.3M | $5.1M | $3.3M | $9.2M | — | View 990 |
| 2020 | $5.4M | $2.8M | $2.3M | $9.5M | — | View 990 |
| 2019 | $5.1M | $4.3M | $2.9M | $12.6M | — | View 990 |
| 2018 | $4.3M | $7.2M | $4.7M | $15.3M | — | View 990 |
| 2017 | $4.6M | $6.6M | $5.9M | $13.3M | — | View 990 |
| 2016 | $4.4M | $4.5M | $1.5M | $6.9M | — | View 990 |
| 2015 | $4.5M | $4.6M | $1.1M | $6.4M | — | View 990 |
| 2014 | $3.7M | $3.5M | $237K | $200K | — | View 990 |
| 2013 | $3.2M | $3.3M | $178K | $359K | — | View 990 |
| 2012 | $2.9M | $3.1M | $225K | $276K | — | View 990 |
| 2011 | $3.1M | $3.1M | $302K | $127K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $5.4M, and assets of $4.2M (revenue +1.4% year-over-year).
- 2022: Revenue of $5.1M, expenses of $5.0M, and assets of $2.9M (revenue -3.5% year-over-year).
- 2021: Revenue of $5.3M, expenses of $5.1M, and assets of $3.3M (revenue -2.8% year-over-year).
- 2020: Revenue of $5.4M, expenses of $2.8M, and assets of $2.3M (revenue +5.4% year-over-year).
- 2019: Revenue of $5.1M, expenses of $4.3M, and assets of $2.9M (revenue +18.2% year-over-year).
- 2018: Revenue of $4.3M, expenses of $7.2M, and assets of $4.7M (revenue -5.7% year-over-year).
- 2017: Revenue of $4.6M, expenses of $6.6M, and assets of $5.9M (revenue +3.7% year-over-year).
- 2016: Revenue of $4.4M, expenses of $4.5M, and assets of $1.5M (revenue -2.2% year-over-year).
- 2015: Revenue of $4.5M, expenses of $4.6M, and assets of $1.1M (revenue +21.6% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.5M, and assets of $237K (revenue +17.0% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.3M, and assets of $178K (revenue +10.1% year-over-year).
- 2012: Revenue of $2.9M, expenses of $3.1M, and assets of $225K (revenue -7.2% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.1M, and assets of $302K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Axl Charter School:
Data Sources and Methodology
This transparency report for Axl 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.