Charlotte Avenue School Pto
Charlotte Avenue School PTO: Strong Community Focus, but Financial Transparency Lacking
EIN: 222950173 · Nashua, NH · NTEE: W11 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $143K |
| Total Expenses | $66K |
| Program Spending | 90% |
| Net Assets | $26K |
| Transparency Score | 85/100 |
Is Charlotte Avenue School Pto Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charlotte Avenue School Pto directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charlotte Avenue School Pto
Charlotte Avenue School Pto (EIN: 222950173) is a nonprofit organization based in Nashua, NH, classified under NTEE code W11. The organization reported total revenue of $143K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charlotte Avenue School Pto's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charlotte Avenue School Pto is a small nonprofit that has been operating for 19 years, with 5 years of IRS 990 filings on record (2016–2024). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $66K |
| Surplus / Deficit | $-40,879 |
| Total Assets | $26K |
| Net Assets | $26K |
| Operating Margin | -160.4% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2024, Charlotte Avenue School Pto reported a deficit of $41K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate).
Financial Trends
Over 5 years of filings (2016–2024), Charlotte Avenue School Pto's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -30.7% | +433.7% | -60.9% |
| 2023 | +80.1% | +2.6% | +57.0% |
| 2022 | +928.1% | +52.6% | +24.1% |
| 2021 | -90.0% | -66.3% | +131.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Charlotte Avenue School Pto with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Charlotte Avenue School Pto allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $41K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in any available filings, suggesting a volunteer-run organization with no paid executives.
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 Charlotte Avenue School Pto's IRS 990 filings:
- Significant negative net assets in 2023 (-$30,300) and 2021 (-$32,448) raise questions about financial stability.
- Lack of detailed program spending breakdown makes it difficult to assess impact per dollar.
- Fluctuating revenue and expenses without clear explanations in public filings.
Strengths
The following positive indicators were identified for Charlotte Avenue School Pto:
- Consistently low administrative and fundraising costs, indicating efficient use of funds.
- Strong community support reflected in consistent revenue generation.
- Volunteer-led structure minimizes overhead and maximizes direct impact.
Frequently Asked Questions about Charlotte Avenue School Pto
Is Charlotte Avenue School Pto a legitimate charity?
Charlotte Avenue School Pto (EIN: 222950173) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 5 years of IRS 990 filings on record. Total revenue: $143K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Charlotte Avenue School Pto spend its money?
Charlotte Avenue School Pto directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Charlotte Avenue School Pto tax-deductible?
Charlotte Avenue School Pto is registered as a tax-exempt nonprofit (EIN: 222950173). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Charlotte Avenue School Pto's spending goes to programs?
Charlotte Avenue School Pto directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Charlotte Avenue School Pto compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Charlotte Avenue School Pto is above average for NTEE category W11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Charlotte Avenue School Pto located?
Charlotte Avenue School Pto is headquartered in Nashua, New Hampshire and files with the IRS under EIN 222950173. It is classified under NTEE code W11.
How many years of IRS 990 filings does Charlotte Avenue School Pto have?
Charlotte Avenue School Pto has 5 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 $143K in total revenue.
What does Charlotte Avenue School Pto do?
Charlotte Avenue School Pto is a nonprofit organization in the Public & Society Benefit sector, located in Nashua, New Hampshire. It is classified under NTEE code W11.
How much revenue does Charlotte Avenue School Pto have?
Charlotte Avenue School Pto reported total revenue of $142,584. Based on 5 IRS 990 filings on record.
What are Charlotte Avenue School Pto's total assets?
Charlotte Avenue School Pto holds total assets of $47,099 as reported in IRS 990 filings.
Where is Charlotte Avenue School Pto located?
Charlotte Avenue School Pto is based in Nashua, New Hampshire.
What is Charlotte Avenue School Pto's EIN?
Charlotte Avenue School Pto's Employer Identification Number (EIN) is 222950173. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Charlotte Avenue School Pto?
Charlotte Avenue School Pto is classified under NTEE code W11 (Public & Society Benefit).
Is Charlotte Avenue School Pto a registered 501(c)(3)?
Yes, Charlotte Avenue School Pto is recognized as a tax-exempt organization by the IRS. EIN: 222950173.
Does Charlotte Avenue School Pto file IRS Form 990?
Yes, Charlotte Avenue School Pto has 5 IRS Form 990 filings on record. The most recent covers tax period 202407.
What was Charlotte Avenue School Pto's revenue in 2024?
In the 202407 filing period, Charlotte Avenue School Pto reported total revenue of $25,483, total expenses of $66,362, and net assets of $26,199.
Is Charlotte Avenue School Pto's revenue growing or declining?
Charlotte Avenue School Pto's revenue is declining. Revenue went from $36,780 (202307) to $25,483 (202407), a -30.7% change. Based on 5 filings on record.
What is Charlotte Avenue School Pto's most recent 990 filing?
The most recent IRS Form 990 filing for Charlotte Avenue School Pto covers tax period 202407. It shows revenue of $25,483, expenses of $66,362, total assets of $26,199, and liabilities of N/A.
How much does Charlotte Avenue School Pto spend on programs vs administration?
Based on IRS 990 analysis, Charlotte Avenue School Pto allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Charlotte Avenue School Pto a trustworthy charity?
Based on AI analysis of IRS 990 data, Charlotte Avenue School Pto appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Charlotte Avenue School Pto?
The following concerns were identified: Significant negative net assets in 2023 (-$30,300) and 2021 (-$32,448) raise questions about financial stability.. Lack of detailed program spending breakdown makes it difficult to assess impact per dollar.. Fluctuating revenue and expenses without clear explanations in public filings.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Charlotte Avenue School Pto's strengths?
Positive indicators for Charlotte Avenue School Pto include: Consistently low administrative and fundraising costs, indicating efficient use of funds.. Strong community support reflected in consistent revenue generation.. Volunteer-led structure minimizes overhead and maximizes direct impact.. These findings are derived from AI analysis of the organization's financial filings.
How does Charlotte Avenue School Pto compensate executives?
Executive compensation is not reported in any available filings, suggesting a volunteer-run organization with no paid executives. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the negative net assets in some years, how does the PTO manage its operational cash flow to support school activities?
The PTO likely relies on a combination of immediate fundraising for specific projects and careful management of short-term liabilities, as the negative net assets suggest expenses sometimes outpace available funds within a fiscal year.
What specific programs or initiatives are funded by the PTO, and how are these prioritized?
Public filings do not detail specific programs. Further inquiry would be needed to understand how the PTO allocates its program spending, which is estimated at 90% of expenses, to various school activities or resources.
Filing History
IRS 990 filing history for Charlotte Avenue School Pto showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2016–2024), Charlotte Avenue School Pto's revenue has grown by 28.7%, moving from $20K to $25K. Total assets increased by 76.4% over the same period, from $15K to $26K. Total functional expenses rose by 182%, from $24K to $66K. In its most recent filing year (2024), Charlotte Avenue School Pto reported a deficit of $41K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $25K | $66K | $26K | $0 | — | — |
| 2023 | $37K | $12K | $67K | $0 | — | View 990 |
| 2022 | $20K | $12K | $43K | $0 | — | View 990 |
| 2021 | $2K | $8K | $34K | $0 | — | View 990 |
| 2016 | $20K | $24K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $25K, expenses of $66K, and assets of $26K (revenue -30.7% year-over-year).
- 2023: Revenue of $37K, expenses of $12K, and assets of $67K (revenue +80.1% year-over-year).
- 2022: Revenue of $20K, expenses of $12K, and assets of $43K (revenue +928.1% year-over-year).
- 2021: Revenue of $2K, expenses of $8K, and assets of $34K (revenue -90.0% year-over-year).
- 2016: Revenue of $20K, expenses of $24K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charlotte Avenue School Pto:
Data Sources and Methodology
This transparency report for Charlotte Avenue School Pto 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.