Center School Inc
EIN: 363591386 · Minneapolis, MN · NTEE: B24Z
| Metric | Value |
|---|---|
| Total Revenue | $727K |
| Total Expenses | $922K |
| Net Assets | $124K |
Is Center School Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Center School Inc
Center School Inc (EIN: 363591386) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code B24Z. The organization reported total revenue of $727K and total assets of $190K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center School Inc is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $893K |
| Total Expenses | $922K |
| Surplus / Deficit | $-28,602 |
| Total Assets | $296K |
| Total Liabilities | $172K |
| Net Assets | $124K |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 58.0% |
| Months of Reserves | 3.8 months |
Financial Health Grade: C
In 2023, Center School Inc reported a deficit of $29K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 58.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Center School Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.7% | -5.9% | +0.9% |
| 2022 | -17.7% | -1.9% | -27.4% |
| 2021 | +8.6% | +3.0% | +41.3% |
| 2020 | +13.4% | +7.9% | +14.5% |
| 2019 | -18.0% | -20.8% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Center School Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Center School Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.0%.
Frequently Asked Questions about Center School Inc
Is Center School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center School Inc (EIN: 363591386) insufficient data. 0 red flags identified, 0 strengths noted.
How does Center School Inc spend its money?
Detailed spending breakdown data is not yet available for Center School Inc. Check back for updated IRS 990 analysis.
Are donations to Center School Inc tax-deductible?
Center School Inc is registered as a tax-exempt nonprofit (EIN: 363591386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Center School Inc located?
Center School Inc is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 363591386. It is classified under NTEE code B24Z.
How many years of IRS 990 filings does Center School Inc have?
Center School Inc 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 $727K in total revenue.
Filing History
IRS 990 filing history for Center School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Center School Inc's revenue has grown by 21.9%, moving from $733K to $893K. Total assets decreased by 9.5% over the same period, from $327K to $296K. Total functional expenses rose by 10.7%, from $833K to $922K. In its most recent filing year (2023), Center School Inc reported a deficit of $29K, with expenses exceeding revenue. The organization holds $172K in liabilities against $296K in assets (debt-to-asset ratio: 58.0%), resulting in net assets of $124K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $893K | $922K | $296K | $172K | — | — |
| 2022 | $908K | $980K | $293K | $100K | — | View 990 |
| 2021 | $1.1M | $999K | $404K | $140K | — | View 990 |
| 2020 | $1.0M | $970K | $286K | $127K | — | View 990 |
| 2019 | $896K | $899K | $249K | $137K | — | View 990 |
| 2018 | $1.1M | $1.1M | $253K | $137K | — | View 990 |
| 2017 | $1.2M | $1.1M | $268K | $109K | — | View 990 |
| 2016 | $1.0M | $1.1M | $207K | $87K | — | View 990 |
| 2015 | $1.1M | $1.1M | $283K | $135K | — | View 990 |
| 2014 | $1.0M | $1.0M | $275K | $113K | — | View 990 |
| 2013 | $921K | $903K | $324K | $136K | — | View 990 |
| 2012 | $677K | $801K | $214K | $43K | — | View 990 |
| 2011 | $733K | $833K | $327K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $893K, expenses of $922K, and assets of $296K (revenue -1.7% year-over-year).
- 2022: Revenue of $908K, expenses of $980K, and assets of $293K (revenue -17.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $999K, and assets of $404K (revenue +8.6% year-over-year).
- 2020: Revenue of $1.0M, expenses of $970K, and assets of $286K (revenue +13.4% year-over-year).
- 2019: Revenue of $896K, expenses of $899K, and assets of $249K (revenue -18.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $253K (revenue -5.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $268K (revenue +10.3% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $207K (revenue -7.4% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $283K (revenue +11.8% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.0M, and assets of $275K (revenue +9.8% year-over-year).
- 2013: Revenue of $921K, expenses of $903K, and assets of $324K (revenue +36.0% year-over-year).
- 2012: Revenue of $677K, expenses of $801K, and assets of $214K (revenue -7.6% year-over-year).
- 2011: Revenue of $733K, expenses of $833K, and assets of $327K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center School Inc:
Data Sources and Methodology
This transparency report for Center School 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.