Community Partnership Charter School

Community Partnership Charter School experiences significant asset growth and capital investment, with no reported officer compensation.

EIN: 134120509 · Brooklyn, NY · NTEE: B29 · Updated: 2026-03-28

$27.7MRevenue
$27.3MGross Revenue
$59.5MAssets
90/100Mission Score (Excellent)
B29
Community Partnership Charter School Financial Summary
MetricValue
Total Revenue$27.7M
Total Expenses$27.3M
Program Spending85%
Net Assets$2.4M
Transparency Score90/100

Is Community Partnership Charter School Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Community Partnership Charter School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Community Partnership Charter School

Community Partnership Charter School (EIN: 134120509) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B29. The organization reported total revenue of $27.7M and total assets of $59.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Partnership Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

25Years Operating
LargeSize Classification
13Years of Filings
GrowingRevenue Trajectory

Community Partnership Charter School is a large nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$24.5M
Total Expenses$27.3M
Surplus / Deficit$-2,752,307
Total Assets$60.5M
Total Liabilities$58.1M
Net Assets$2.4M
Operating Margin-11.2%
Debt-to-Asset Ratio96.0%
Months of Reserves26.6 months

Financial Health Grade: C

In 2023, Community Partnership Charter School reported a deficit of $2.8M with expenses exceeding revenue, holds 26.6 months of operating reserves (strong position), has a debt-to-asset ratio of 96.0% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Community Partnership Charter School's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+13.3%+41.5%+829.8%
2022+24.2%+9.3%-2.8%
2021+4.2%+6.2%-5.1%
2020+10.2%+4.9%+48.3%
2019+14.2%+13.8%-6.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2001

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Community Partnership Charter School demonstrates a significant increase in financial scale over the past decade, with revenue growing from $6.4 million in 2014 to $24.5 million in 2023. The organization's assets have also seen a dramatic increase, particularly between 2022 and 2023, jumping from $6.5 million to $60.5 million, largely offset by a corresponding increase in liabilities to $58.1 million. This suggests a major capital investment, likely in facilities, which is common for charter schools expanding their operations. While the 2023 filing shows expenses ($27.2 million) exceeding revenue ($24.5 million), this is not uncommon for organizations undergoing significant growth or capital projects, and the substantial asset base provides stability. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards the organization's mission rather than executive salaries. This practice enhances transparency and signals efficient use of resources. The substantial growth in assets and revenue, coupled with no reported officer compensation, suggests a well-managed organization focused on its programmatic goals, likely related to educational services given its NTEE code. Further analysis of the detailed expense breakdown would be needed to fully assess spending efficiency across programs, administration, and fundraising, but the overall financial trajectory appears robust.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Community Partnership Charter School with a Mission Score of 90 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Community Partnership Charter 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$24.5MTotal Revenue
$27.3MTotal Expenses
$60.5MTotal Assets
$58.1MTotal Liabilities
$2.4MNet Assets
  • The organization reported a deficit of $2.8M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 96.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size and suggests a strong commitment to directing funds to its mission.

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 Community Partnership Charter School's IRS 990 filings:

  • Expenses exceeded revenue in the latest filing (202306), with $27.2 million in expenses against $24.5 million in revenue, indicating an operating deficit for that period.

Strengths

The following positive indicators were identified for Community Partnership Charter School:

  • Consistent reporting of 0% officer compensation across all 13 filings, indicating a strong commitment to mission-focused spending.
  • Significant growth in revenue from $6.4 million in 2014 to $24.5 million in 2023, demonstrating expanding operational capacity.
  • Substantial increase in assets to $60.5 million in 2023, suggesting significant investment in infrastructure to support its educational programs.
  • Positive net assets (Assets minus Liabilities) in most periods, indicating financial stability, even with the large capital project in 2023.

Frequently Asked Questions about Community Partnership Charter School

Is Community Partnership Charter School a legitimate charity?

Community Partnership Charter School (EIN: 134120509) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $27.7M. 1 red flag identified. 4 strengths noted. Financial health grade: C.

How does Community Partnership Charter School spend its money?

Community Partnership Charter School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Community Partnership Charter School tax-deductible?

Community Partnership Charter School is registered as a tax-exempt nonprofit (EIN: 134120509). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Community Partnership Charter School's spending goes to programs?

Community Partnership Charter School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Community Partnership Charter School compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Community Partnership Charter School is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Community Partnership Charter School located?

Community Partnership Charter School is headquartered in Brooklyn, New York and files with the IRS under EIN 134120509. It is classified under NTEE code B29.

How many years of IRS 990 filings does Community Partnership Charter School have?

Community Partnership Charter School 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 $27.7M in total revenue.

Is Community Partnership Charter School a good charity?

Based on the available financial data, Community Partnership Charter School appears to be a well-managed organization with strong financial growth and a clear commitment to its mission, evidenced by zero reported officer compensation and significant asset expansion likely tied to programmatic infrastructure.

What caused the significant increase in assets and liabilities between 2022 and 2023?

The jump in assets from $6.5 million in 2022 to $60.5 million in 2023, accompanied by a similar increase in liabilities to $58.1 million, strongly suggests a major capital project, such as the acquisition or construction of new facilities, which is common for growing charter schools.

How does Community Partnership Charter School manage without officer compensation?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It could indicate that executive leadership is compensated by an affiliated entity, or that the roles are filled by volunteers, or that compensation is structured in a way not reported as 'officer compensation' on the 990, though the latter is less likely for key leadership roles.

Filing History

IRS 990 filing history for Community Partnership Charter School showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Community Partnership Charter School's revenue has grown by 381.5%, moving from $5.1M to $24.5M. Total assets increased by 1589.8% over the same period, from $3.6M to $60.5M. Total functional expenses rose by 487%, from $4.6M to $27.3M. In its most recent filing year (2023), Community Partnership Charter School reported a deficit of $2.8M, with expenses exceeding revenue. The organization holds $58.1M in liabilities against $60.5M in assets (debt-to-asset ratio: 96.0%), resulting in net assets of $2.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $24.5M $27.3M $60.5M $58.1M
2022 $21.6M $19.3M $6.5M $1.3M View 990
2021 $17.4M $17.6M $6.7M $3.8M
2020 $16.7M $16.6M $7.1M $3.9M
2019 $15.2M $15.8M $4.8M $1.7M View 990
2018 $13.3M $13.9M $5.1M $1.5M View 990
2017 $12.0M $12.6M $5.5M $1.3M View 990
2016 $11.6M $11.0M $6.0M $1.2M View 990
2015 $8.9M $9.3M $5.2M $973K View 990
2014 $6.4M $6.6M $4.5M $598K View 990
2013 $6.6M $5.9M $4.6M $578K View 990
2012 $5.9M $5.7M $3.9M $557K View 990
2011 $5.1M $4.6M $3.6M $486K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $24.5M, expenses of $27.3M, and assets of $60.5M (revenue +13.3% year-over-year).
  • 2022: Revenue of $21.6M, expenses of $19.3M, and assets of $6.5M (revenue +24.2% year-over-year).
  • 2021: Revenue of $17.4M, expenses of $17.6M, and assets of $6.7M (revenue +4.2% year-over-year).
  • 2020: Revenue of $16.7M, expenses of $16.6M, and assets of $7.1M (revenue +10.2% year-over-year).
  • 2019: Revenue of $15.2M, expenses of $15.8M, and assets of $4.8M (revenue +14.2% year-over-year).
  • 2018: Revenue of $13.3M, expenses of $13.9M, and assets of $5.1M (revenue +11.1% year-over-year).
  • 2017: Revenue of $12.0M, expenses of $12.6M, and assets of $5.5M (revenue +3.0% year-over-year).
  • 2016: Revenue of $11.6M, expenses of $11.0M, and assets of $6.0M (revenue +29.6% year-over-year).
  • 2015: Revenue of $8.9M, expenses of $9.3M, and assets of $5.2M (revenue +38.8% year-over-year).
  • 2014: Revenue of $6.4M, expenses of $6.6M, and assets of $4.5M (revenue -2.9% year-over-year).
  • 2013: Revenue of $6.6M, expenses of $5.9M, and assets of $4.6M (revenue +12.9% year-over-year).
  • 2012: Revenue of $5.9M, expenses of $5.7M, and assets of $3.9M (revenue +15.5% year-over-year).
  • 2011: Revenue of $5.1M, expenses of $4.6M, and assets of $3.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Community Partnership Charter School:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Community Partnership Charter 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.

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