Clark Pleasant Community Schools Veba Health Savings Pl
Clark Pleasant Community Schools Veba Health Savings Pl maintains strong asset base with no liabilities or officer compensation, despite recent revenue shortfalls.
EIN: 204402461 · Whiteland, IN · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $292K |
| Program Spending | 90% |
| Net Assets | $3.9M |
| Transparency Score | 95/100 |
Is Clark Pleasant Community Schools Veba Health Savings Pl Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Clark Pleasant Community Schools Veba Health Savings Pl directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Clark Pleasant Community Schools Veba Health Savings Pl
Clark Pleasant Community Schools Veba Health Savings Pl (EIN: 204402461) is a nonprofit organization based in Whiteland, IN, classified under NTEE code Y43. The organization reported total revenue of $1.0M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clark Pleasant Community Schools Veba Health Savings Pl's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clark Pleasant Community Schools Veba Health Savings Pl is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $292K |
| Surplus / Deficit | $-209,327 |
| Total Assets | $3.9M |
| Net Assets | $3.9M |
| Operating Margin | -253.8% |
| Months of Reserves | 159.9 months |
Financial Health Grade: B
In 2023, Clark Pleasant Community Schools Veba Health Savings Pl reported a deficit of $209K with expenses exceeding revenue, holds 159.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Clark Pleasant Community Schools Veba Health Savings Pl's revenue has grown at a compound annual growth rate (CAGR) of 25.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -60.6% | +0.7% | +3.7% |
| 2022 | -39.7% | -5.6% | -19.2% |
| 2021 | +153.7% | +15.4% | +4.4% |
| 2020 | -44.1% | -26.9% | +4.7% |
| 2019 | -29.4% | +7.0% | +6.8% |
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 Clark Pleasant Community Schools Veba Health Savings Pl with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Clark Pleasant Community Schools Veba Health Savings Pl 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $209K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers receive compensation from the organization, which is a strong positive for financial efficiency and 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 Clark Pleasant Community Schools Veba Health Savings Pl's IRS 990 filings:
- Consistent revenue shortfalls relative to expenses in recent years (e.g., 2023 revenue $82,490 vs. expenses $291,817), leading to asset depletion.
Strengths
The following positive indicators were identified for Clark Pleasant Community Schools Veba Health Savings Pl:
- Zero liabilities reported across all 13 filings, indicating exceptional financial health and risk management.
- Zero officer compensation reported, demonstrating high efficiency and a focus on the organization's purpose rather than executive pay.
- Substantial asset base ($3,889,287 in 2023) provides strong financial stability.
- Consistent financial reporting over 13 periods, indicating transparency and accountability.
Frequently Asked Questions about Clark Pleasant Community Schools Veba Health Savings Pl
Is Clark Pleasant Community Schools Veba Health Savings Pl a legitimate charity?
Based on AI analysis of IRS 990 filings, Clark Pleasant Community Schools Veba Health Savings Pl (EIN: 204402461) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Clark Pleasant Community Schools Veba Health Savings Pl spend its money?
Clark Pleasant Community Schools Veba Health Savings Pl directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Clark Pleasant Community Schools Veba Health Savings Pl tax-deductible?
Clark Pleasant Community Schools Veba Health Savings Pl is registered as a tax-exempt nonprofit (EIN: 204402461). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Clark Pleasant Community Schools Veba Health Savings Pl compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Clark Pleasant Community Schools Veba Health Savings Pl is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Clark Pleasant Community Schools Veba Health Savings Pl located?
Clark Pleasant Community Schools Veba Health Savings Pl is headquartered in Whiteland, Indiana and files with the IRS under EIN 204402461. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Clark Pleasant Community Schools Veba Health Savings Pl have?
Clark Pleasant Community Schools Veba Health Savings Pl 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 $1.0M in total revenue.
What are the primary expenses of Clark Pleasant Community Schools Veba Health Savings Pl?
Given the NTEE code Y43 and the nature of a VEBA, the primary expenses are likely distributions to beneficiaries for health-related costs and administrative fees associated with managing the health savings plans, rather than traditional program service expenses.
Why has revenue been less than expenses in recent years (2022-2023)?
In 2023, revenue was $82,490 while expenses were $291,817, and in 2022, revenue was $209,451 against expenses of $289,767. This could indicate a period of higher payouts from the health savings plans or lower contributions, drawing down the asset base slightly.
Is the organization financially stable despite recent revenue shortfalls?
Yes, with assets of $3,889,287 in 2023 and zero liabilities, the organization maintains a very strong financial position, capable of covering expenses even during periods where revenue doesn't fully offset outflows.
Filing History
IRS 990 filing history for Clark Pleasant Community Schools Veba Health Savings Pl showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Clark Pleasant Community Schools Veba Health Savings Pl's revenue has grown by 1388.7%, moving from $6K to $82K. Total assets increased by 11.7% over the same period, from $3.5M to $3.9M. Total functional expenses rose by 245.3%, from $85K to $292K. In its most recent filing year (2023), Clark Pleasant Community Schools Veba Health Savings Pl reported a deficit of $209K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82K | $292K | $3.9M | $0 | — | View 990 |
| 2022 | $209K | $290K | $3.8M | $0 | — | View 990 |
| 2021 | $347K | $307K | $4.6M | $0 | — | — |
| 2020 | $137K | $266K | $4.4M | $0 | — | — |
| 2019 | $245K | $364K | $4.2M | $0 | — | View 990 |
| 2018 | $347K | $340K | $4.0M | $0 | — | View 990 |
| 2017 | $359K | $288K | $4.5M | $0 | — | View 990 |
| 2016 | $209K | $242K | $4.2M | $0 | — | View 990 |
| 2015 | $369K | $209K | $4.1M | $0 | — | View 990 |
| 2014 | $369K | $179K | $4.4M | $0 | — | View 990 |
| 2013 | $260K | $127K | $4.3M | $0 | — | View 990 |
| 2012 | $243K | $127K | $3.8M | $0 | — | View 990 |
| 2011 | $6K | $85K | $3.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82K, expenses of $292K, and assets of $3.9M (revenue -60.6% year-over-year).
- 2022: Revenue of $209K, expenses of $290K, and assets of $3.8M (revenue -39.7% year-over-year).
- 2021: Revenue of $347K, expenses of $307K, and assets of $4.6M (revenue +153.7% year-over-year).
- 2020: Revenue of $137K, expenses of $266K, and assets of $4.4M (revenue -44.1% year-over-year).
- 2019: Revenue of $245K, expenses of $364K, and assets of $4.2M (revenue -29.4% year-over-year).
- 2018: Revenue of $347K, expenses of $340K, and assets of $4.0M (revenue -3.3% year-over-year).
- 2017: Revenue of $359K, expenses of $288K, and assets of $4.5M (revenue +72.1% year-over-year).
- 2016: Revenue of $209K, expenses of $242K, and assets of $4.2M (revenue -43.4% year-over-year).
- 2015: Revenue of $369K, expenses of $209K, and assets of $4.1M (revenue -0.1% year-over-year).
- 2014: Revenue of $369K, expenses of $179K, and assets of $4.4M (revenue +41.8% year-over-year).
- 2013: Revenue of $260K, expenses of $127K, and assets of $4.3M (revenue +7.2% year-over-year).
- 2012: Revenue of $243K, expenses of $127K, and assets of $3.8M (revenue +4277.5% year-over-year).
- 2011: Revenue of $6K, expenses of $85K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clark Pleasant Community Schools Veba Health Savings Pl:
Data Sources and Methodology
This transparency report for Clark Pleasant Community Schools Veba Health Savings Pl 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.