Discovery Education Services Inc
Discovery Education Services Inc shows consistent revenue growth and strong asset accumulation, with no reported officer compensation.
EIN: 203366305 · Orlando, FL · NTEE: B29 · Updated: 2026-03-28
Is Discovery Education Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Discovery Education Services Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Discovery Education Services Inc
Discovery Education Services Inc (EIN: 203366305) is a nonprofit organization based in Orlando, FL, classified under NTEE code B29. The organization reported total revenue of $40.7M and total assets of $154.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Discovery Education Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Discovery Education Services Inc is a large nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 24.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35.7M |
| Total Expenses | $33.4M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $153.3M |
| Total Liabilities | $139.2M |
| Net Assets | $14.1M |
| Operating Margin | 6.4% |
| Debt-to-Asset Ratio | 90.8% |
| Months of Reserves | 55.1 months |
Financial Health Grade: A
In 2023, Discovery Education Services Inc reported a surplus of $2.3M with revenue exceeding expenses, holds 55.1 months of operating reserves (strong position), has a debt-to-asset ratio of 90.8% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Discovery Education Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | +9.8% | +28.1% |
| 2022 | +13.4% | +14.0% | +439.6% |
| 2021 | +14.4% | +12.5% | -19.7% |
| 2020 | +10.4% | +15.0% | +29.5% |
| 2019 | +33.2% | +32.2% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Discovery Education Services Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Discovery Education Services Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 90.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size and revenue, warranting further inquiry into how leadership is compensated or if it's entirely volunteer-led.
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 Discovery Education Services Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and revenue, potentially indicating a lack of transparency in executive pay reporting.
Strengths
The following positive indicators were identified for Discovery Education Services Inc:
- Strong and consistent revenue growth over the past decade, from $5.7M in 2014 to $35.6M in 2023.
- Significant asset accumulation, with assets growing from $4.1M to $153.2M, indicating strong financial stability.
- Consistent surplus generation, with revenues exceeding expenses in all reported periods, demonstrating effective financial management.
- Healthy balance sheet with assets significantly exceeding liabilities, particularly in recent years (e.g., $153M assets vs $139M liabilities in 202306).
Frequently Asked Questions about Discovery Education Services Inc
Is Discovery Education Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Discovery Education Services Inc (EIN: 203366305) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Discovery Education Services Inc spend its money?
Discovery Education Services Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Discovery Education Services Inc tax-deductible?
Discovery Education Services Inc is registered as a tax-exempt nonprofit (EIN: 203366305). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Discovery Education Services Inc a good charity?
Financially, the organization appears very strong with consistent revenue growth and healthy asset accumulation. However, the lack of reported officer compensation across all filings is an unusual data point that could impact a full assessment of its operational transparency.
How does Discovery Education Services Inc manage its executive compensation?
All available IRS 990 filings for Discovery Education Services Inc report 0% officer compensation, which is highly unusual for an organization with revenues exceeding $35 million. This suggests either a fully volunteer executive team or that compensation is reported under different categories, requiring further investigation for clarity.
What is the trend in Discovery Education Services Inc's financial health?
Discovery Education Services Inc has demonstrated robust financial growth over the past decade. Revenue has increased from $5,782,334 in 201406 to $35,691,120 in 202306, and assets have grown from $4,139,880 to $153,272,117 in the same period, indicating strong financial health and expansion.
Are there any red flags regarding Discovery Education Services Inc's financial practices?
The primary red flag is the consistent reporting of 0% officer compensation. While not necessarily negative, it's an atypical reporting practice for an organization of this scale and warrants further scrutiny to understand the full compensation structure for its leadership.
Filing History
IRS 990 filing history for Discovery Education Services Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Discovery Education Services Inc's revenue has grown by 1010.7%, moving from $3.2M to $35.7M. Total assets increased by 22929.1% over the same period, from $666K to $153.3M. Total functional expenses rose by 1036.4%, from $2.9M to $33.4M. In its most recent filing year (2023), Discovery Education Services Inc reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $139.2M in liabilities against $153.3M in assets (debt-to-asset ratio: 90.8%), resulting in net assets of $14.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35.7M | $33.4M | $153.3M | $139.2M | — | — |
| 2022 | $33.2M | $30.4M | $119.6M | $107.8M | — | View 990 |
| 2021 | $29.3M | $26.7M | $22.2M | $13.2M | — | View 990 |
| 2020 | $25.6M | $23.7M | $27.6M | $17.5M | — | View 990 |
| 2019 | $23.2M | $20.6M | $21.3M | $13.1M | — | View 990 |
| 2018 | $17.4M | $15.6M | $19.2M | $13.6M | — | View 990 |
| 2017 | $15.2M | $13.6M | $15.2M | $11.4M | — | View 990 |
| 2016 | $11.9M | $10.5M | $8.2M | $6.1M | — | View 990 |
| 2015 | $8.2M | $7.7M | $6.7M | $5.9M | — | View 990 |
| 2014 | $5.8M | $5.4M | $4.1M | $2.7M | — | View 990 |
| 2013 | $4.9M | $4.5M | $1.1M | $51K | — | View 990 |
| 2012 | $3.2M | $2.9M | $666K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35.7M, expenses of $33.4M, and assets of $153.3M (revenue +7.4% year-over-year).
- 2022: Revenue of $33.2M, expenses of $30.4M, and assets of $119.6M (revenue +13.4% year-over-year).
- 2021: Revenue of $29.3M, expenses of $26.7M, and assets of $22.2M (revenue +14.4% year-over-year).
- 2020: Revenue of $25.6M, expenses of $23.7M, and assets of $27.6M (revenue +10.4% year-over-year).
- 2019: Revenue of $23.2M, expenses of $20.6M, and assets of $21.3M (revenue +33.2% year-over-year).
- 2018: Revenue of $17.4M, expenses of $15.6M, and assets of $19.2M (revenue +14.9% year-over-year).
- 2017: Revenue of $15.2M, expenses of $13.6M, and assets of $15.2M (revenue +27.2% year-over-year).
- 2016: Revenue of $11.9M, expenses of $10.5M, and assets of $8.2M (revenue +44.7% year-over-year).
- 2015: Revenue of $8.2M, expenses of $7.7M, and assets of $6.7M (revenue +42.4% year-over-year).
- 2014: Revenue of $5.8M, expenses of $5.4M, and assets of $4.1M (revenue +18.5% year-over-year).
- 2013: Revenue of $4.9M, expenses of $4.5M, and assets of $1.1M (revenue +51.8% year-over-year).
- 2012: Revenue of $3.2M, expenses of $2.9M, and assets of $666K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Discovery Education Services Inc:
Data Sources and Methodology
This transparency report for Discovery Education Services 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.