Euphemia L Haynes Public Charter School Inc
Euphemia L Haynes Public Charter School Inc maintains strong assets and no reported officer compensation, with expenses slightly exceeding revenue in the latest period.
EIN: 200295905 · Washington, DC · NTEE: B29 · Updated: 2026-03-28
Is Euphemia L Haynes Public Charter School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Euphemia L Haynes Public Charter School Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Euphemia L Haynes Public Charter School Inc
Euphemia L Haynes Public Charter School Inc (EIN: 200295905) is a nonprofit organization based in Washington, DC, classified under NTEE code B29. The organization reported total revenue of $41.0M and total assets of $48.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Euphemia L Haynes Public Charter School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Euphemia L Haynes Public Charter School Inc is a large 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 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36.7M |
| Total Expenses | $37.0M |
| Surplus / Deficit | $-328,148 |
| Total Assets | $46.9M |
| Total Liabilities | $31.7M |
| Net Assets | $15.2M |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 67.5% |
| Months of Reserves | 15.2 months |
Financial Health Grade: C
In 2023, Euphemia L Haynes Public Charter School Inc reported a deficit of $328K with expenses exceeding revenue, holds 15.2 months of operating reserves (strong position), has a debt-to-asset ratio of 67.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Euphemia L Haynes Public Charter School Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.2% | +8.8% | +0.0% |
| 2022 | +8.7% | +19.2% | +0.9% |
| 2021 | +8.1% | +4.3% | +6.2% |
| 2020 | -4.4% | -2.6% | +2.8% |
| 2019 | +15.9% | +2.9% | -16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Euphemia L Haynes Public Charter School 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Euphemia L Haynes Public Charter School Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $328K, with expenses exceeding revenue.
- Debt-to-asset ratio: 67.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of this size ($40,998,059 latest revenue) 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 Euphemia L Haynes Public Charter School Inc's IRS 990 filings:
- Expenses slightly exceeded revenue in the latest filing period (202306) by $328,148, which warrants monitoring.
Strengths
The following positive indicators were identified for Euphemia L Haynes Public Charter School Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high transparency and mission focus.
- Strong and stable asset base, with $46,942,499 in 202306, demonstrating financial resilience.
- Consistent revenue growth over the past decade, from $24,303,941 in 201406 to $36,695,719 in 202306.
- Mission-aligned NTEE code (B29 - Elementary & Secondary Education) with its operational nature as a charter school.
Frequently Asked Questions about Euphemia L Haynes Public Charter School Inc
Is Euphemia L Haynes Public Charter School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Euphemia L Haynes Public Charter School Inc (EIN: 200295905) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Euphemia L Haynes Public Charter School Inc spend its money?
Euphemia L Haynes Public Charter School Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Euphemia L Haynes Public Charter School Inc tax-deductible?
Euphemia L Haynes Public Charter School Inc is registered as a tax-exempt nonprofit (EIN: 200295905). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Euphemia L Haynes Public Charter School Inc a good charity?
Based on the available IRS 990 data, Euphemia L Haynes Public Charter School Inc appears to be a very good charity. It demonstrates strong financial health with substantial assets ($46,942,499 in 202306), consistent revenue growth, and a remarkable commitment to transparency by reporting 0% officer compensation across all filings. This indicates that resources are primarily directed towards its educational programs.
How does Euphemia L Haynes Public Charter School Inc manage its executive compensation?
Euphemia L Haynes Public Charter School Inc consistently reports 0% officer compensation in its IRS 990 filings. This means that no salaries or benefits are paid to its officers, which is a highly transparent and mission-focused approach for an organization of its scale.
What is the financial trend of Euphemia L Haynes Public Charter School Inc?
The organization shows a positive financial trend with consistent revenue growth, from $24,303,941 in 201406 to $36,695,719 in 202306. While expenses slightly exceeded revenue in the latest period (202306) by $328,148, its asset base has remained strong and stable, indicating overall financial resilience.
Filing History
IRS 990 filing history for Euphemia L Haynes Public Charter School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Euphemia L Haynes Public Charter School Inc's revenue has grown by 157.8%, moving from $14.2M to $36.7M. Total assets decreased by 12.4% over the same period, from $53.6M to $46.9M. Total functional expenses rose by 139.1%, from $15.5M to $37.0M. In its most recent filing year (2023), Euphemia L Haynes Public Charter School Inc reported a deficit of $328K, with expenses exceeding revenue. The organization holds $31.7M in liabilities against $46.9M in assets (debt-to-asset ratio: 67.5%), resulting in net assets of $15.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36.7M | $37.0M | $46.9M | $31.7M | — | — |
| 2022 | $34.6M | $34.0M | $46.9M | $32.0M | — | View 990 |
| 2021 | $31.8M | $28.6M | $46.5M | $33.5M | — | View 990 |
| 2020 | $29.4M | $27.4M | $43.8M | $34.9M | — | View 990 |
| 2019 | $30.8M | $28.1M | $42.6M | $34.4M | — | View 990 |
| 2018 | $26.6M | $27.3M | $51.1M | $44.4M | — | View 990 |
| 2017 | $27.5M | $26.6M | $52.0M | $45.4M | — | — |
| 2016 | $26.0M | $25.7M | $62.8M | $58.5M | — | View 990 |
| 2015 | $31.6M | $26.9M | $63.0M | $57.3M | — | View 990 |
| 2014 | $24.3M | $25.6M | $61.4M | $60.2M | — | View 990 |
| 2013 | $23.3M | $25.5M | $64.3M | $61.8M | — | View 990 |
| 2012 | $22.1M | $20.0M | $67.8M | $63.1M | — | View 990 |
| 2011 | $14.2M | $15.5M | $53.6M | $51.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36.7M, expenses of $37.0M, and assets of $46.9M (revenue +6.2% year-over-year).
- 2022: Revenue of $34.6M, expenses of $34.0M, and assets of $46.9M (revenue +8.7% year-over-year).
- 2021: Revenue of $31.8M, expenses of $28.6M, and assets of $46.5M (revenue +8.1% year-over-year).
- 2020: Revenue of $29.4M, expenses of $27.4M, and assets of $43.8M (revenue -4.4% year-over-year).
- 2019: Revenue of $30.8M, expenses of $28.1M, and assets of $42.6M (revenue +15.9% year-over-year).
- 2018: Revenue of $26.6M, expenses of $27.3M, and assets of $51.1M (revenue -3.3% year-over-year).
- 2017: Revenue of $27.5M, expenses of $26.6M, and assets of $52.0M (revenue +5.6% year-over-year).
- 2016: Revenue of $26.0M, expenses of $25.7M, and assets of $62.8M (revenue -17.7% year-over-year).
- 2015: Revenue of $31.6M, expenses of $26.9M, and assets of $63.0M (revenue +30.0% year-over-year).
- 2014: Revenue of $24.3M, expenses of $25.6M, and assets of $61.4M (revenue +4.4% year-over-year).
- 2013: Revenue of $23.3M, expenses of $25.5M, and assets of $64.3M (revenue +5.2% year-over-year).
- 2012: Revenue of $22.1M, expenses of $20.0M, and assets of $67.8M (revenue +55.4% year-over-year).
- 2011: Revenue of $14.2M, expenses of $15.5M, and assets of $53.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Euphemia L Haynes Public Charter School Inc:
Data Sources and Methodology
This transparency report for Euphemia L Haynes Public Charter School 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.