Cascade Carrer Prep High School

Cascade Career Prep High School operates with consistent revenue but carries substantial liabilities relative to its assets.

EIN: 202513573 · Fairlawn, OH · NTEE: B29 · Updated: 2026-03-28

$1.5MRevenue

$426KAssets

70/100Mission Score (Good)

B29

About Cascade Carrer Prep High School

Cascade Carrer Prep High School (EIN: 202513573) is a nonprofit organization based in Fairlawn, OH, classified under NTEE code B29. The organization reported total revenue of $1.5M and total assets of $426K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cascade Carrer Prep High School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Cascade Career Prep High School demonstrates consistent operational activity with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 202206, revenue was $1,574,427 against expenses of $1,480,180, indicating a slight surplus. However, the organization consistently carries significant liabilities, such as $1,213,944 in 202306, which far outweigh its assets, reported at $496,673 for the same period. This suggests a reliance on debt or other non-asset-backed funding, which could pose long-term financial stability concerns. The consistent reporting of 0% officer compensation across all available filings indicates strong transparency regarding executive pay, suggesting that leadership is either unpaid or compensated through other means not classified as officer compensation on the 990, which warrants further investigation for a complete picture.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cascade Carrer Prep High School with a Mission Score of 70 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, Cascade Carrer Prep High 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with over $1.5 million in annual revenue. This suggests either a fully volunteer leadership or compensation structured in a way that is not reported as officer compensation on the 990, requiring further scrutiny for true transparency.

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 Cascade Carrer Prep High School's IRS 990 filings:

High liabilities relative to assets (e.g., $1,213,944 liabilities vs. $496,673 assets in 202306).
Consistent 0% officer compensation for an organization with over $1.5M in revenue, which may obscure true leadership costs.

Strengths

The following positive indicators were identified for Cascade Carrer Prep High School:

Consistent revenue generation, generally covering annual expenses.
No reported officer compensation, indicating potential for high efficiency in leadership costs if truly volunteer-led.

Frequently Asked Questions about Cascade Carrer Prep High School

Is Cascade Career Prep High School financially stable given its high liabilities?

The organization consistently reports liabilities significantly exceeding its assets (e.g., $1,213,944 in liabilities vs. $496,673 in assets for 202306). While revenues generally cover expenses, this high debt-to-asset ratio suggests potential long-term financial vulnerability.

How does Cascade Career Prep High School fund its operations without reported officer compensation?

The consistent 0% officer compensation across all filings is unusual for an organization of this size. It suggests either a fully volunteer leadership or that compensation is structured and reported under different categories, which could obscure the true cost of executive management.

What is the nature of the significant liabilities reported by the organization?

The filings consistently show liabilities over $1 million (e.g., $1,213,944 in 202306). Understanding the nature of these liabilities (e.g., mortgages, program-related debt, operational loans) is crucial to assess financial risk.

Filing History

IRS 990 filing history for Cascade Carrer Prep High School showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Cascade Carrer Prep High School's revenue has grown by 15.8%, moving from $1.3M to $1.5M. Total assets increased by 69.8% over the same period, from $292K to $497K. Total functional expenses rose by 14.1%, from $1.3M to $1.5M. In its most recent filing year (2023), Cascade Carrer Prep High School reported a deficit of $17K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $497K in assets (debt-to-asset ratio: 244.4%), resulting in net assets of $-717,271.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.5M	$1.5M	$497K	$1.2M	—	View 990
2022	$1.6M	$1.5M	$492K	$1.2M	—	View 990
2021	$1.4M	$1.4M	$393K	$1.2M	—	View 990
2020	$1.3M	$1.4M	$349K	$1.1M	—	View 990
2019	$1.2M	$1.2M	$515K	$1.2M	—	View 990
2018	$1.0M	$685K	$686K	$1.9M	—	View 990
2017	$1.1M	$1.1M	$600K	$1.8M	—	View 990
2016	$1.4M	$1.4M	$213K	$1.3M	—	View 990
2015	$1.3M	$1.3M	$207K	$1.4M	—	View 990
2014	$1.2M	$1.2M	$77K	$19K	—	View 990
2013	$890K	$927K	$190K	$130K	—	View 990
2012	$1.1M	$1.1M	$284K	$186K	—	View 990
2011	$1.3M	$1.3M	$292K	$162K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.5M, expenses of $1.5M, and assets of $497K (revenue -7.4% year-over-year).
2022: Revenue of $1.6M, expenses of $1.5M, and assets of $492K (revenue +13.2% year-over-year).
2021: Revenue of $1.4M, expenses of $1.4M, and assets of $393K (revenue +7.5% year-over-year).
2020: Revenue of $1.3M, expenses of $1.4M, and assets of $349K (revenue +4.5% year-over-year).
2019: Revenue of $1.2M, expenses of $1.2M, and assets of $515K (revenue +22.9% year-over-year).
2018: Revenue of $1.0M, expenses of $685K, and assets of $686K (revenue -5.0% year-over-year).
2017: Revenue of $1.1M, expenses of $1.1M, and assets of $600K (revenue -24.1% year-over-year).
2016: Revenue of $1.4M, expenses of $1.4M, and assets of $213K (revenue +8.1% year-over-year).
2015: Revenue of $1.3M, expenses of $1.3M, and assets of $207K (revenue +10.8% year-over-year).
2014: Revenue of $1.2M, expenses of $1.2M, and assets of $77K (revenue +31.0% year-over-year).
2013: Revenue of $890K, expenses of $927K, and assets of $190K (revenue -16.7% year-over-year).
2012: Revenue of $1.1M, expenses of $1.1M, and assets of $284K (revenue -15.2% year-over-year).
2011: Revenue of $1.3M, expenses of $1.3M, and assets of $292K.

Data Sources and Methodology

This transparency report for Cascade Carrer Prep 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.