Casady School Private Foundation Inc
Casady School Private Foundation's assets have declined by over 45% since 2012 due to consistent spending exceeding revenue.
EIN: 203463330 · Oklahoma City, OK · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $715K |
| Total Expenses | $569K |
| Program Spending | 90% |
| Net Assets | $3.9M |
| Transparency Score | 75/100 |
Is Casady School Private Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Casady School Private Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Casady School Private Foundation Inc
Casady School Private Foundation Inc (EIN: 203463330) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code B11. The organization reported total revenue of $715K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Casady School Private Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Casady School Private Foundation Inc is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $542K |
| Total Expenses | $569K |
| Surplus / Deficit | $-26,960 |
| Total Assets | $3.9M |
| Total Liabilities | $1 |
| Net Assets | $3.9M |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 81.5 months |
Financial Health Grade: B
In 2024, Casady School Private Foundation Inc reported a deficit of $27K with expenses exceeding revenue, holds 81.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Casady School Private Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.4% | -87.2% | -0.7% |
| 2023 | +46.9% | +453.8% | -25.5% |
| 2022 | -50.4% | +13.6% | -8.1% |
| 2021 | +41.8% | +12.9% | -0.2% |
| 2020 | +81.4% | +21.8% | -9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Casady School Private Foundation Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Casady School Private Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive salaries are either not paid by the foundation or are covered by the parent organization, Casady School, which is a positive sign for resource allocation.
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 Casady School Private Foundation Inc's IRS 990 filings:
- Consistent decline in assets over the past decade, from $7,044,743 in 2012 to $3,860,718 in 2024.
- Expenses frequently and significantly exceed revenue, as seen in 2023 where expenses were $4,431,442 against $504,615 in revenue.
- Unusual consistent reporting of $1 in liabilities across all filings, which may warrant further investigation into financial reporting practices.
Strengths
The following positive indicators were identified for Casady School Private Foundation Inc:
- Zero reported officer compensation, indicating efficient use of funds for executive salaries.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Likely strong program focus given its nature as a private foundation supporting an educational institution (NTEE B11).
Frequently Asked Questions about Casady School Private Foundation Inc
Is Casady School Private Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Casady School Private Foundation Inc (EIN: 203463330) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Casady School Private Foundation Inc spend its money?
Casady School Private Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Casady School Private Foundation Inc tax-deductible?
Casady School Private Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203463330). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Casady School Private Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Casady School Private Foundation Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Casady School Private Foundation Inc located?
Casady School Private Foundation Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 203463330. It is classified under NTEE code B11.
How many years of IRS 990 filings does Casady School Private Foundation Inc have?
Casady School Private Foundation Inc has 11 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 $715K in total revenue.
What is the primary purpose of Casady School Private Foundation Inc. and how does it support Casady School?
Based on the NTEE code B11 (Elementary & Secondary Education) and the name, the foundation likely exists to provide financial support, such as grants or endowments, to Casady School. Further details would require reviewing the foundation's articles of incorporation or specific grant-making activities.
Why have the foundation's assets decreased significantly over the past decade?
The assets have decreased from $7,044,743 in 2012 to $3,860,718 in 2024 because expenses have consistently exceeded revenue in most reporting periods. For example, in 2023, expenses were $4,431,442 while revenue was only $504,615, leading to a substantial draw on assets.
What accounts for the consistent reporting of $1 in liabilities?
The consistent reporting of $1 in liabilities across all filings is unusual. It might indicate that the foundation has no significant outstanding debts or obligations, or that certain types of liabilities are not being reported in a standard manner on the 990, possibly due to its specific structure as a supporting organization.
Is the foundation's current spending level sustainable given its declining assets?
The current trend of expenses exceeding revenue and the resulting decline in assets suggests that the current spending level is not sustainable in the long term without new significant infusions of capital or a change in spending strategy. The foundation is drawing down its principal.
Filing History
IRS 990 filing history for Casady School Private Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Casady School Private Foundation Inc's revenue has grown by 370.7%, moving from $115K to $542K. Total assets decreased by 49.7% over the same period, from $7.7M to $3.9M. Total functional expenses fell by 67.7%, from $1.8M to $569K. In its most recent filing year (2024), Casady School Private Foundation Inc reported a deficit of $27K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $542K | $569K | $3.9M | $1 | — | — |
| 2023 | $505K | $4.4M | $3.9M | $1 | — | View 990 |
| 2022 | $344K | $800K | $5.2M | $1 | — | View 990 |
| 2021 | $692K | $705K | $5.7M | $1 | — | View 990 |
| 2020 | $488K | $624K | $5.7M | $1 | — | — |
| 2016 | $269K | $512K | $6.3M | $1 | — | View 990 |
| 2015 | $382K | $500K | $6.5M | $1 | — | View 990 |
| 2014 | $180K | $382K | $6.7M | $1 | — | View 990 |
| 2013 | $143K | $319K | $6.9M | $1 | — | View 990 |
| 2012 | $-1,106,133 | $295K | $7.0M | $1 | — | View 990 |
| 2011 | $115K | $1.8M | $7.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $542K, expenses of $569K, and assets of $3.9M (revenue +7.4% year-over-year).
- 2023: Revenue of $505K, expenses of $4.4M, and assets of $3.9M (revenue +46.9% year-over-year).
- 2022: Revenue of $344K, expenses of $800K, and assets of $5.2M (revenue -50.4% year-over-year).
- 2021: Revenue of $692K, expenses of $705K, and assets of $5.7M (revenue +41.8% year-over-year).
- 2020: Revenue of $488K, expenses of $624K, and assets of $5.7M (revenue +81.4% year-over-year).
- 2016: Revenue of $269K, expenses of $512K, and assets of $6.3M (revenue -29.6% year-over-year).
- 2015: Revenue of $382K, expenses of $500K, and assets of $6.5M (revenue +111.9% year-over-year).
- 2014: Revenue of $180K, expenses of $382K, and assets of $6.7M (revenue +26.1% year-over-year).
- 2013: Revenue of $143K, expenses of $319K, and assets of $6.9M.
- 2012: Revenue of $-1,106,133, expenses of $295K, and assets of $7.0M (revenue -1061.1% year-over-year).
- 2011: Revenue of $115K, expenses of $1.8M, and assets of $7.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Casady School Private Foundation Inc:
Data Sources and Methodology
This transparency report for Casady School Private Foundation Inc 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.