Excelsior Prep Charter School Inc
EIN: 474776265 · Tampa, FL · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $3.1M |
| Net Assets | $101K |
Is Excelsior Prep Charter School Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Excelsior Prep Charter School Inc
Excelsior Prep Charter School Inc (EIN: 474776265) is a nonprofit organization based in Tampa, FL, classified under NTEE code B24. The organization reported total revenue of $2.8M and total assets of $483K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Excelsior Prep Charter School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Excelsior Prep Charter School Inc is a mid-size nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-215,593 |
| Total Assets | $1.0M |
| Total Liabilities | $928K |
| Net Assets | $101K |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 90.2% |
| Months of Reserves | 4.0 months |
Financial Health Grade: C
In 2023, Excelsior Prep Charter School Inc reported a deficit of $216K with expenses exceeding revenue, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 90.2% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Excelsior Prep Charter School Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.5% | +5.1% | +7.3% |
| 2022 | +9.4% | +19.5% | +79.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Excelsior Prep Charter School Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Excelsior Prep Charter School Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $216K, with expenses exceeding revenue.
- Debt-to-asset ratio: 90.2%.
Frequently Asked Questions about Excelsior Prep Charter School Inc
Is Excelsior Prep Charter School Inc a legitimate charity?
Excelsior Prep Charter School Inc (EIN: 474776265) is a registered tax-exempt nonprofit based in Florida. It has 3 years of IRS 990 filings on record. Total revenue: $2.8M. No red flags identified. Financial health grade: C.
How does Excelsior Prep Charter School Inc spend its money?
Excelsior Prep Charter School Inc reported $2.8M in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Excelsior Prep Charter School Inc tax-deductible?
Excelsior Prep Charter School Inc is registered as a tax-exempt nonprofit (EIN: 474776265). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Excelsior Prep Charter School Inc located?
Excelsior Prep Charter School Inc is headquartered in Tampa, Florida and files with the IRS under EIN 474776265. It is classified under NTEE code B24.
How many years of IRS 990 filings does Excelsior Prep Charter School Inc have?
Excelsior Prep Charter School Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.8M in total revenue.
Filing History
IRS 990 filing history for Excelsior Prep Charter School Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Excelsior Prep Charter School Inc's revenue has grown by 8.9%, moving from $2.7M to $2.9M. Total assets increased by 92.4% over the same period, from $535K to $1.0M. Total functional expenses rose by 25.5%, from $2.5M to $3.1M. In its most recent filing year (2023), Excelsior Prep Charter School Inc reported a deficit of $216K, with expenses exceeding revenue. The organization holds $928K in liabilities against $1.0M in assets (debt-to-asset ratio: 90.2%), resulting in net assets of $101K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $3.1M | $1.0M | $928K | — | View 990 |
| 2022 | $2.9M | $3.0M | $958K | $642K | — | View 990 |
| 2021 | $2.7M | $2.5M | $535K | $167K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $3.1M, and assets of $1.0M (revenue -0.5% year-over-year).
- 2022: Revenue of $2.9M, expenses of $3.0M, and assets of $958K (revenue +9.4% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.5M, and assets of $535K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Excelsior Prep Charter School Inc:
Data Sources and Methodology
This transparency report for Excelsior Prep 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.