Erie High School Educationfoundation

Erie High School Educationfoundation shows strong asset growth and zero liabilities with volunteer leadership.

EIN: 208892984 · Erie, CO · NTEE: B82 · Updated: 2026-03-28

$119KRevenue

$744KAssets

92/100Mission Score (Excellent)

B82

About Erie High School Educationfoundation

Erie High School Educationfoundation (EIN: 208892984) is a nonprofit organization based in Erie, CO, classified under NTEE code B82. The organization reported total revenue of $119K and total assets of $744K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Erie High School Educationfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Erie High School Educationfoundation demonstrates a generally healthy financial position with consistent asset growth over the past several years, reaching $714,175 in the 202404 period. Revenue has fluctuated significantly, from a high of $514,572 in 201804 to a low of $17,598 in 201504, indicating reliance on variable funding sources. However, the organization has consistently maintained zero liabilities, suggesting strong financial management and a lack of debt burden.

Spending efficiency appears strong, particularly in recent years. For instance, in 202404, expenses were $91,806 against revenues of $171,516, allowing for a substantial surplus. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of funds directly for its mission. This commitment to minimizing administrative overhead contributes positively to its overall financial health and donor confidence.

Transparency is high given the consistent filing of IRS 990 forms and the clear reporting of financial metrics. The absence of officer compensation further enhances transparency by demonstrating that funds are not being diverted to executive salaries. The organization's consistent asset growth, coupled with its lean operational structure, suggests a well-managed and financially responsible entity focused on its educational mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Erie High School Educationfoundation 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Erie High School Educationfoundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly efficient for a nonprofit of this size.

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 Erie High School Educationfoundation's IRS 990 filings:

Highly fluctuating annual revenue, indicating potential reliance on inconsistent funding sources (e.g., $514,572 in 201804 vs. $46,711 in 202004).

Strengths

The following positive indicators were identified for Erie High School Educationfoundation:

Consistent asset growth, reaching $714,175 in 202404.
Zero liabilities reported across all filings, indicating strong financial management.
0% officer compensation, demonstrating highly efficient use of funds and volunteer leadership.
Consistent filing of IRS 990 forms, indicating good transparency.
Positive net income in most recent periods (e.g., $171,516 revenue vs. $91,806 expenses in 202404).

Frequently Asked Questions about Erie High School Educationfoundation

Is Erie High School Educationfoundation a good charity?

Based on its financial data, the Erie High School Educationfoundation appears to be a very good charity. It consistently maintains zero liabilities, has shown strong asset growth (from $59,488 in 201504 to $714,175 in 202404), and reports 0% officer compensation, indicating efficient use of funds and volunteer leadership.

How has the organization's financial health changed over time?

The organization's financial health has generally improved, with assets growing substantially from $59,488 in 201504 to $714,175 in 202404. While revenue has been volatile, the organization has consistently managed its expenses to maintain a healthy financial position and zero liabilities.

What is the organization's approach to executive compensation?

The Erie High School Educationfoundation has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings. This means that its leadership serves on a volunteer basis, directing more funds towards its mission.

Filing History

IRS 990 filing history for Erie High School Educationfoundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Erie High School Educationfoundation's revenue has grown by 1428.8%, moving from $11K to $172K. Total assets increased by 1441.8% over the same period, from $46K to $714K. Total functional expenses rose by 1064%, from $8K to $92K. In its most recent filing year (2024), Erie High School Educationfoundation reported a surplus of $80K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$172K	$92K	$714K	$0	—	—
2023	$127K	$120K	$593K	$0	—	View 990
2022	$54K	$121K	$587K	$0	—	View 990
2021	$182K	$55K	$655K	$0	—	View 990
2020	$47K	$89K	$528K	$0	—	View 990
2019	$68K	$57K	$570K	$0	—	View 990
2018	$515K	$28K	$558K	$0	—	View 990
2017	$35K	$27K	$72K	$0	—	View 990
2016	$37K	$33K	$64K	$0	—	View 990
2015	$18K	$18K	$59K	$0	—	View 990
2014	$18K	$8K	$60K	$0	—	View 990
2013	$12K	$9K	$50K	$0	—	View 990
2012	$11K	$8K	$46K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $172K, expenses of $92K, and assets of $714K (revenue +35.5% year-over-year).
2023: Revenue of $127K, expenses of $120K, and assets of $593K (revenue +134.7% year-over-year).
2022: Revenue of $54K, expenses of $121K, and assets of $587K (revenue -70.4% year-over-year).
2021: Revenue of $182K, expenses of $55K, and assets of $655K (revenue +290.0% year-over-year).
2020: Revenue of $47K, expenses of $89K, and assets of $528K (revenue -31.6% year-over-year).
2019: Revenue of $68K, expenses of $57K, and assets of $570K (revenue -86.7% year-over-year).
2018: Revenue of $515K, expenses of $28K, and assets of $558K (revenue +1353.8% year-over-year).
2017: Revenue of $35K, expenses of $27K, and assets of $72K (revenue -5.0% year-over-year).
2016: Revenue of $37K, expenses of $33K, and assets of $64K (revenue +111.7% year-over-year).
2015: Revenue of $18K, expenses of $18K, and assets of $59K (revenue -3.1% year-over-year).
2014: Revenue of $18K, expenses of $8K, and assets of $60K (revenue +47.0% year-over-year).
2013: Revenue of $12K, expenses of $9K, and assets of $50K (revenue +10.1% year-over-year).
2012: Revenue of $11K, expenses of $8K, and assets of $46K.

Data Sources and Methodology

This transparency report for Erie High School Educationfoundation 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.