Carpe Diem Collegiate High School
Carpe Diem Collegiate High School shows consistent financial growth and no reported officer compensation.
EIN: 20542260 · Yuma, AZ · NTEE: B039 · Updated: 2026-03-28
Is Carpe Diem Collegiate High School Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carpe Diem Collegiate High School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carpe Diem Collegiate High School
Carpe Diem Collegiate High School (EIN: 20542260) is a nonprofit organization based in Yuma, AZ, classified under NTEE code B039. The organization reported total revenue of $2.8M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carpe Diem Collegiate High School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carpe Diem Collegiate High School is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$355K |
| Total Assets | $3.9M |
| Total Liabilities | $2.8M |
| Net Assets | $1.1M |
| Operating Margin | 15.2% |
| Debt-to-Asset Ratio | 71.9% |
| Months of Reserves | 23.6 months |
Financial Health Grade: A
In 2023, Carpe Diem Collegiate High School reported a surplus of $355K with revenue exceeding expenses, holds 23.6 months of operating reserves (strong position), has a debt-to-asset ratio of 71.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Carpe Diem Collegiate High School's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.4% | +7.2% | +5.8% |
| 2022 | +6.4% | +14.2% | +1.1% |
| 2021 | -15.8% | -19.6% | +6.0% |
| 2020 | -15.1% | +2.4% | +3.2% |
| 2019 | +26.0% | -2.6% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Carpe Diem Collegiate High School with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Carpe Diem Collegiate High School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $355K, with revenue exceeding expenses.
- Debt-to-asset ratio: 71.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly commendable and suggests that all available funds are directed towards the organization's 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.
Strengths
The following positive indicators were identified for Carpe Diem Collegiate High School:
- Consistent revenue exceeding expenses in recent years, leading to surpluses (e.g., 2023: Revenue $2,335,647 vs. Expenses $1,980,739).
- Growing asset base, increasing from $2,937,515 in 2018 to $3,901,954 in 2023.
- Decreasing liabilities over time, from $3,844,519 in 2014 to $2,803,587 in 2023, improving financial leverage.
- Zero reported officer compensation across all filings, indicating strong commitment to mission and efficient use of funds.
- Positive net asset growth, reflecting sound financial management and sustainability.
Frequently Asked Questions about Carpe Diem Collegiate High School
Is Carpe Diem Collegiate High School a legitimate charity?
Based on AI analysis of IRS 990 filings, Carpe Diem Collegiate High School (EIN: 20542260) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Carpe Diem Collegiate High School spend its money?
Carpe Diem Collegiate High School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Carpe Diem Collegiate High School tax-deductible?
Carpe Diem Collegiate High School is registered as a tax-exempt nonprofit (EIN: 20542260). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Carpe Diem Collegiate High School a good charity?
Based on the provided financial data, Carpe Diem Collegiate High School appears to be a financially healthy and well-managed organization. Its consistent revenue exceeding expenses, growing assets, decreasing liabilities, and zero reported officer compensation are strong indicators of a good charity.
How has Carpe Diem Collegiate High School's financial health changed over time?
The organization's financial health has generally improved. Assets have grown from $2,937,515 in 2018 to $3,901,954 in 2023, and liabilities have decreased from $3,844,519 in 2014 to $2,803,587 in 2023, indicating increasing financial stability and net assets.
What is the trend in Carpe Diem Collegiate High School's revenue and expenses?
Revenue and expenses have fluctuated but generally show a positive trend where revenue often exceeds expenses, leading to surpluses. For example, in 2023, revenue was $2,335,647 and expenses were $1,980,739.
Filing History
IRS 990 filing history for Carpe Diem Collegiate High School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Carpe Diem Collegiate High School's revenue has grown by 3.2%, moving from $2.3M to $2.3M. Total assets decreased by 8.9% over the same period, from $4.3M to $3.9M. Total functional expenses fell by 11.5%, from $2.2M to $2.0M. In its most recent filing year (2023), Carpe Diem Collegiate High School reported a surplus of $355K, with revenue exceeding expenses. The organization holds $2.8M in liabilities against $3.9M in assets (debt-to-asset ratio: 71.9%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.0M | $3.9M | $2.8M | — | View 990 |
| 2022 | $2.0M | $1.8M | $3.7M | $2.9M | — | View 990 |
| 2021 | $1.9M | $1.6M | $3.6M | $3.0M | — | — |
| 2020 | $2.2M | $2.0M | $3.4M | $3.1M | — | View 990 |
| 2019 | $2.6M | $2.0M | $3.3M | $3.2M | — | View 990 |
| 2018 | $2.1M | $2.0M | $2.9M | $3.4M | — | View 990 |
| 2017 | $1.8M | $1.7M | $2.9M | $3.4M | — | View 990 |
| 2016 | $1.3M | $1.7M | $3.0M | $3.6M | — | View 990 |
| 2015 | $1.7M | $2.0M | $3.4M | $3.7M | — | View 990 |
| 2014 | $2.0M | $2.3M | $3.8M | $3.8M | — | View 990 |
| 2013 | $2.4M | $2.1M | $4.1M | $3.8M | — | View 990 |
| 2012 | $2.2M | $2.7M | $4.0M | $4.1M | — | View 990 |
| 2011 | $2.3M | $2.2M | $4.3M | $3.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.0M, and assets of $3.9M (revenue +17.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.8M, and assets of $3.7M (revenue +6.4% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.6M, and assets of $3.6M (revenue -15.8% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.0M, and assets of $3.4M (revenue -15.1% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.0M, and assets of $3.3M (revenue +26.0% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.0M, and assets of $2.9M (revenue +16.9% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.7M, and assets of $2.9M (revenue +34.1% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.7M, and assets of $3.0M (revenue -23.9% year-over-year).
- 2015: Revenue of $1.7M, expenses of $2.0M, and assets of $3.4M (revenue -12.6% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.3M, and assets of $3.8M (revenue -18.6% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.1M, and assets of $4.1M (revenue +13.6% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.7M, and assets of $4.0M (revenue -5.0% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.2M, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carpe Diem Collegiate High School:
Data Sources and Methodology
This transparency report for Carpe Diem Collegiate High 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.