East Side Elementary Foundation Inc
East Side Elementary Foundation maintains stable finances with no executive compensation, despite occasional spending fluctuations.
EIN: 202508087 · Marietta, GA · Updated: 2026-03-28
Is East Side Elementary Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
East Side Elementary Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About East Side Elementary Foundation Inc
East Side Elementary Foundation Inc (EIN: 202508087) is a nonprofit organization based in Marietta, GA. The organization reported total revenue of $202K and total assets of $440K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of East Side Elementary Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
East Side Elementary Foundation Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $205K |
| Total Expenses | $179K |
| Surplus / Deficit | +$26K |
| Total Assets | $374K |
| Net Assets | $374K |
| Operating Margin | 12.7% |
| Months of Reserves | 25.1 months |
Financial Health Grade: A
In 2024, East Side Elementary Foundation Inc reported a surplus of $26K with revenue exceeding expenses, holds 25.1 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), East Side Elementary Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.9% | +55.5% | +15.4% |
| 2023 | +19.2% | -59.3% | +50.9% |
| 2022 | +80.4% | +172.7% | -35.5% |
| 2021 | -59.3% | -60.7% | +12.6% |
| 2020 | -30.9% | -5.6% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 East Side Elementary Foundation Inc with a Mission Score of 92 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, East Side Elementary Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization and ensuring all funds are directed towards the foundation's 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 East Side Elementary Foundation Inc's IRS 990 filings:
- Occasional periods of deficit spending, such as in 202206 where expenses ($282,734) exceeded revenue ($168,562).
Strengths
The following positive indicators were identified for East Side Elementary Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings.
- Zero liabilities reported in all available filings, indicating strong financial stability.
- Healthy and growing asset base, increasing from $184,802 in 201506 to $373,818 in 202406.
- Recent filings (202306, 202406) show significant revenue surpluses over expenses.
Frequently Asked Questions about East Side Elementary Foundation Inc
Is East Side Elementary Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, East Side Elementary Foundation Inc (EIN: 202508087) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does East Side Elementary Foundation Inc spend its money?
East Side Elementary Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to East Side Elementary Foundation Inc tax-deductible?
East Side Elementary Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202508087). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is East Side Elementary Foundation Inc a good charity?
Based on the IRS 990 data, the East Side Elementary Foundation Inc appears to be a good charity. It consistently reports zero officer compensation, maintains zero liabilities, and has a healthy and growing asset base. Its spending efficiency is high due to the lack of executive salaries, allowing more funds to go directly to programs.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $184,802 in 201506 to $373,818 in 202406. While there have been periods of deficit spending (e.g., 202206 with expenses of $282,734 against revenue of $168,562), recent years (202306 and 202406) show healthy surpluses, indicating a positive trend.
What is the organization's approach to executive compensation?
The East Side Elementary Foundation Inc consistently reports 0% officer compensation across all 14 filings. This indicates that the organization is likely run by volunteers, ensuring that all donated funds are used for its programs and operations rather than executive salaries.
Filing History
IRS 990 filing history for East Side Elementary Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), East Side Elementary Foundation Inc's revenue has declined by 0.9%, moving from $207K to $205K. Total assets increased by 206% over the same period, from $122K to $374K. Total functional expenses rose by 1.4%, from $176K to $179K. In its most recent filing year (2024), East Side Elementary Foundation Inc reported a surplus of $26K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $205K | $179K | $374K | $0 | — | — |
| 2023 | $201K | $115K | $324K | $0 | — | — |
| 2022 | $169K | $283K | $215K | $0 | — | View 990 |
| 2021 | $93K | $104K | $333K | $0 | — | — |
| 2020 | $229K | $264K | $296K | $0 | — | View 990 |
| 2019 | $332K | $280K | $311K | $0 | — | View 990 |
| 2018 | $171K | $137K | $223K | $0 | — | View 990 |
| 2017 | $164K | $192K | $189K | $0 | — | View 990 |
| 2016 | $170K | $138K | $217K | $0 | — | View 990 |
| 2015 | $201K | $195K | $185K | $0 | — | View 990 |
| 2014 | $206K | $164K | $196K | $21K | — | View 990 |
| 2013 | $219K | $197K | $144K | $13K | — | View 990 |
| 2012 | $230K | $208K | $121K | $12K | — | View 990 |
| 2011 | $207K | $176K | $122K | $37K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $205K, expenses of $179K, and assets of $374K (revenue +1.9% year-over-year).
- 2023: Revenue of $201K, expenses of $115K, and assets of $324K (revenue +19.2% year-over-year).
- 2022: Revenue of $169K, expenses of $283K, and assets of $215K (revenue +80.4% year-over-year).
- 2021: Revenue of $93K, expenses of $104K, and assets of $333K (revenue -59.3% year-over-year).
- 2020: Revenue of $229K, expenses of $264K, and assets of $296K (revenue -30.9% year-over-year).
- 2019: Revenue of $332K, expenses of $280K, and assets of $311K (revenue +93.9% year-over-year).
- 2018: Revenue of $171K, expenses of $137K, and assets of $223K (revenue +4.6% year-over-year).
- 2017: Revenue of $164K, expenses of $192K, and assets of $189K (revenue -3.9% year-over-year).
- 2016: Revenue of $170K, expenses of $138K, and assets of $217K (revenue -15.1% year-over-year).
- 2015: Revenue of $201K, expenses of $195K, and assets of $185K (revenue -2.7% year-over-year).
- 2014: Revenue of $206K, expenses of $164K, and assets of $196K (revenue -5.6% year-over-year).
- 2013: Revenue of $219K, expenses of $197K, and assets of $144K (revenue -5.1% year-over-year).
- 2012: Revenue of $230K, expenses of $208K, and assets of $121K (revenue +11.4% year-over-year).
- 2011: Revenue of $207K, expenses of $176K, and assets of $122K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for East Side Elementary Foundation Inc:
Data Sources and Methodology
This transparency report for East Side Elementary Foundation 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.