Episcopal Collegiate School Foundation
Episcopal Collegiate School Foundation consistently spends more than annual revenue, supported by substantial assets and no reported officer compensation.
EIN: 20636559 · Little Rock, AR · NTEE: B11 · Updated: 2026-03-28
Is Episcopal Collegiate School Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Episcopal Collegiate School Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Episcopal Collegiate School Foundation
Episcopal Collegiate School Foundation (EIN: 20636559) is a nonprofit organization based in Little Rock, AR, classified under NTEE code B11. The organization reported total revenue of $4.0M and total assets of $92.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Episcopal Collegiate School Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Episcopal Collegiate School Foundation is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $5.0M |
| Surplus / Deficit | $-3,495,450 |
| Total Assets | $57.5M |
| Net Assets | $57.5M |
| Operating Margin | -236.4% |
| Months of Reserves | 138.8 months |
Financial Health Grade: B
In 2023, Episcopal Collegiate School Foundation reported a deficit of $3.5M with expenses exceeding revenue, holds 138.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Episcopal Collegiate School Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -76.8% | -2.0% | +2.0% |
| 2022 | +35.0% | -6.5% | -16.9% |
| 2020 | -100.2% | -11.3% | -11.1% |
| 2019 | +92.7% | -1.2% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Episcopal Collegiate School Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Episcopal Collegiate School Foundation 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 $3.5M, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the foundation, which is highly favorable for resource allocation 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 Episcopal Collegiate School Foundation's IRS 990 filings:
- Frequent periods where expenses significantly exceed annual revenue, requiring reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Episcopal Collegiate School Foundation:
- Consistently reports 0% officer compensation, maximizing funds for mission.
- Maintains a very strong asset base ($92,808,057 latest) providing long-term financial stability.
- No reported liabilities across most recent filings, indicating strong financial health.
- Clear focus on program spending, supporting its educational mission.
Frequently Asked Questions about Episcopal Collegiate School Foundation
Is Episcopal Collegiate School Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Episcopal Collegiate School Foundation (EIN: 20636559) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Episcopal Collegiate School Foundation spend its money?
Episcopal Collegiate School Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Episcopal Collegiate School Foundation tax-deductible?
Episcopal Collegiate School Foundation is registered as a tax-exempt nonprofit (EIN: 20636559). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the foundation sustain operations when expenses frequently exceed annual revenue?
The foundation sustains operations by drawing from its substantial asset base, which was $92,808,057 in the latest filing and has consistently been in the tens of millions. This allows it to fund programs even when annual contributions or investment income are lower than expenses, as seen in periods like 202306 where expenses were $4,974,070 against revenue of $1,478,620.
What specific programs or initiatives does the foundation primarily support?
Based on its NTEE code B11 (Elementary & Secondary Education), the foundation primarily supports the Episcopal Collegiate School. While specific program details aren't in the provided data, its expenses are directed towards the school's educational mission.
What is the source of the foundation's significant assets?
The significant assets, reaching $92,808,057, likely stem from a combination of past large donations, endowment contributions, and investment growth over many years, accumulated to provide long-term support for the school.
Filing History
IRS 990 filing history for Episcopal Collegiate School Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Episcopal Collegiate School Foundation's revenue has declined by 61.5%, moving from $3.8M to $1.5M. Total assets increased by 20.3% over the same period, from $47.8M to $57.5M. Total functional expenses fell by 23.9%, from $6.5M to $5.0M. In its most recent filing year (2023), Episcopal Collegiate School Foundation reported a deficit of $3.5M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $5.0M | $57.5M | $0 | — | View 990 |
| 2022 | $6.4M | $5.1M | $56.4M | $0 | — | View 990 |
| 2021 | $4.7M | $5.4M | $67.9M | $0 | — | — |
| 2020 | $-11,995 | $5.0M | $58.0M | $0 | — | View 990 |
| 2019 | $6.8M | $5.7M | $65.3M | $0 | — | View 990 |
| 2018 | $3.5M | $5.7M | $67.2M | $0 | — | View 990 |
| 2017 | $3.4M | $6.0M | $66.0M | $0 | — | View 990 |
| 2016 | $3.3M | $6.1M | $63.3M | $0 | — | View 990 |
| 2015 | $4.5M | $5.8M | $71.3M | $0 | — | View 990 |
| 2014 | $4.8M | $5.6M | $75.6M | $3K | — | View 990 |
| 2013 | $22.5M | $6.3M | $70.4M | $13K | — | View 990 |
| 2012 | $6.3M | $6.1M | $48.1M | $0 | — | View 990 |
| 2011 | $3.8M | $6.5M | $47.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $5.0M, and assets of $57.5M (revenue -76.8% year-over-year).
- 2022: Revenue of $6.4M, expenses of $5.1M, and assets of $56.4M (revenue +35.0% year-over-year).
- 2021: Revenue of $4.7M, expenses of $5.4M, and assets of $67.9M.
- 2020: Revenue of $-11,995, expenses of $5.0M, and assets of $58.0M (revenue -100.2% year-over-year).
- 2019: Revenue of $6.8M, expenses of $5.7M, and assets of $65.3M (revenue +92.7% year-over-year).
- 2018: Revenue of $3.5M, expenses of $5.7M, and assets of $67.2M (revenue +3.6% year-over-year).
- 2017: Revenue of $3.4M, expenses of $6.0M, and assets of $66.0M (revenue +4.7% year-over-year).
- 2016: Revenue of $3.3M, expenses of $6.1M, and assets of $63.3M (revenue -26.6% year-over-year).
- 2015: Revenue of $4.5M, expenses of $5.8M, and assets of $71.3M (revenue -6.9% year-over-year).
- 2014: Revenue of $4.8M, expenses of $5.6M, and assets of $75.6M (revenue -78.8% year-over-year).
- 2013: Revenue of $22.5M, expenses of $6.3M, and assets of $70.4M (revenue +255.7% year-over-year).
- 2012: Revenue of $6.3M, expenses of $6.1M, and assets of $48.1M (revenue +64.8% year-over-year).
- 2011: Revenue of $3.8M, expenses of $6.5M, and assets of $47.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Episcopal Collegiate School Foundation:
Data Sources and Methodology
This transparency report for Episcopal Collegiate School Foundation 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.