Friends Of Anansi Charter School

Friends Of Anansi Charter School maintains substantial assets but faces fluctuating revenues and significant liabilities.

EIN: 203888020 · El Prado, NM · NTEE: B90 · Updated: 2026-03-28

$237KRevenue
$3.1MAssets
65/100Mission Score (Good)
B90

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Friends Of Anansi Charter School Financial Summary
MetricValue
Total Revenue$237K
Total Expenses$209K
Program Spending80%
Net Assets$975K
Transparency Score65/100

Search Intent Cockpit

Friends Of Anansi Charter School Form 990, Revenue, CEO Pay, and IRS Filing Signals

Friends Of Anansi Charter School is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Friends Of Anansi Charter School in one place.

Form 990 Filing Summary

11 filing years are available, with latest revenue of $217K and expenses of $209K.

Revenue and Expenses

Friends Of Anansi Charter School reported $217K in revenue and $209K in expenses, a surplus of $8K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is Friends Of Anansi Charter School Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
11Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Friends Of Anansi Charter School Expense Deployment
Program services$167K (80%)

Across stored filings, Friends Of Anansi Charter School shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Friends Of Anansi Charter School Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade A11 stored filing years
Peer contextCompare with Stevan & Cynthia Pearce Charitable FoundationNew Mexico and Education context

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Friends Of Anansi Charter School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Friends Of Anansi Charter School

Friends Of Anansi Charter School (EIN: 203888020) is a nonprofit organization based in El Prado, NM, classified under NTEE code B90. The organization reported total revenue of $237K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Anansi Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

14Years Operating
SmallSize Classification
11Years of Filings
MixedRevenue Trajectory

Friends Of Anansi Charter School is a small nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 2.3%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$217K
Total Expenses$209K
Surplus / Deficit+$8K
Total Assets$3.2M
Total Liabilities$2.2M
Net Assets$975K
Operating Margin3.5%
Debt-to-Asset Ratio69.6%
Months of Reserves183.9 months

Financial Health Grade: A

In 2022, Friends Of Anansi Charter School reported a surplus of $8K with revenue exceeding expenses, holds 183.9 months of operating reserves (strong position), has a debt-to-asset ratio of 69.6% (high leverage).

Financial Trends

Over 11 years of filings (2012–2022), Friends Of Anansi Charter School's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.

YearRevenue ChangeExpense ChangeAsset Change
2022-9.6%-39.0%-2.6%
2021-36.0%-24.5%+3.7%
2020-17.6%+24.9%-4.8%
2019+290.1%+82.0%+0.1%
2018-10.9%+18.0%+1.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2012

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Friends Of Anansi Charter School demonstrates consistent financial activity, with revenues fluctuating over the past decade. In the most recent filing (202212), the organization reported revenues of $216,691 against expenses of $209,185, indicating a slight surplus for the period. However, a broader look reveals periods of significant deficits, such as in 202112 where expenses ($342,661) substantially exceeded revenues ($239,772), and a notable negative revenue figure in 201512 ($-188,582). The organization maintains substantial assets, reported at $3,205,887 in 202212, but also carries significant liabilities, which were $2,231,273 in the same period. This suggests a reliance on debt or restricted funds, which warrants further investigation into the nature of these liabilities. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of resource allocation. The consistent filing of IRS 990s over 11 periods demonstrates a commitment to regulatory transparency, although the lack of detailed expense categories in the provided data limits a deeper analysis of spending efficiency. The significant liabilities relative to assets also raise questions about long-term financial stability and the nature of their funding model.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of Anansi Charter School with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Friends Of Anansi Charter School allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$217KTotal Revenue
$209KTotal Expenses
$3.2MTotal Assets
$2.2MTotal Liabilities
$975KNet Assets
  • The organization reported a surplus of $8K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 69.6%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for resource allocation relative to its 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 Friends Of Anansi Charter School's IRS 990 filings:

  • Significant liabilities relative to assets ($2,231,273 liabilities vs. $3,205,887 assets in 202212)
  • Periods of substantial revenue deficits (e.g., 202112 expenses $342,661 vs. revenue $239,772)
  • Negative revenue reported in 201512 ($-188,582) without further explanation.

Strengths

The following positive indicators were identified for Friends Of Anansi Charter School:

  • Consistent IRS 990 filing history (11 filings) demonstrating transparency.
  • Reported 0% officer compensation across all filings, indicating efficient use of funds at the executive level.
  • Maintains substantial assets ($3,101,095 latest) providing a financial buffer.

Frequently Asked Questions about Friends Of Anansi Charter School

Is Friends Of Anansi Charter School a legitimate charity?

Friends Of Anansi Charter School (EIN: 203888020) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $237K. 3 red flags identified. 3 strengths noted. Financial health grade: A.

How does Friends Of Anansi Charter School spend its money?

Friends Of Anansi Charter School directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Friends Of Anansi Charter School tax-deductible?

Friends Of Anansi Charter School is registered as a tax-exempt nonprofit (EIN: 203888020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Friends Of Anansi Charter School's spending goes to programs?

Friends Of Anansi Charter School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Friends Of Anansi Charter School compare to similar nonprofits?

With a transparency score of 65/100 (Good), Friends Of Anansi Charter School is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Friends Of Anansi Charter School located?

Friends Of Anansi Charter School is headquartered in El Prado, New Mexico and files with the IRS under EIN 203888020. It is classified under NTEE code B90.

How many years of IRS 990 filings does Friends Of Anansi Charter School have?

Friends Of Anansi Charter School has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $237K in total revenue.

What is the nature of the significant liabilities reported, which were $2,231,273 in 202212?

The provided data does not specify the nature of these liabilities. Further investigation into the organization's full IRS 990 forms would be necessary to understand if they are program-related, debt, or other obligations.

How does the organization manage periods of significant revenue deficit, such as in 202112 where expenses exceeded revenue by over $100,000?

The organization likely draws upon its substantial assets or relies on future funding commitments to cover these deficits. The consistent asset base suggests a buffer, but repeated deficits could impact long-term sustainability.

What are the specific program activities funded by Friends Of Anansi Charter School?

The NTEE code B90 indicates 'Elementary & Secondary Education', suggesting support for the charter school. However, specific program details are not available in the provided financial summary.

Filing History

IRS 990 filing history for Friends Of Anansi Charter School showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2012–2022), Friends Of Anansi Charter School's revenue has grown by 25.6%, moving from $173K to $217K. Total assets increased by 27.8% over the same period, from $2.5M to $3.2M. Total functional expenses rose by 7.2%, from $195K to $209K. In its most recent filing year (2022), Friends Of Anansi Charter School reported a surplus of $8K, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $3.2M in assets (debt-to-asset ratio: 69.6%), resulting in net assets of $975K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $217K $209K $3.2M $2.2M View 990
2021 $240K $343K $3.3M $2.3M View 990
2020 $375K $454K $3.2M $2.1M
2019 $455K $363K $3.3M $2.2M View 990
2018 $117K $200K $3.3M $2.3M
2017 $131K $169K $3.3M $2.4M View 990
2016 $134K $53K $3.4M $2.5M View 990
2015 $-188,582 $54K $3.2M $2.4M View 990
2014 $97K $37K $2.4M $1.7M View 990
2013 $2K $52K $2.4M $1.7M View 990
2012 $173K $195K $2.5M $1.7M View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $217K, expenses of $209K, and assets of $3.2M (revenue -9.6% year-over-year).
  • 2021: Revenue of $240K, expenses of $343K, and assets of $3.3M (revenue -36.0% year-over-year).
  • 2020: Revenue of $375K, expenses of $454K, and assets of $3.2M (revenue -17.6% year-over-year).
  • 2019: Revenue of $455K, expenses of $363K, and assets of $3.3M (revenue +290.1% year-over-year).
  • 2018: Revenue of $117K, expenses of $200K, and assets of $3.3M (revenue -10.9% year-over-year).
  • 2017: Revenue of $131K, expenses of $169K, and assets of $3.3M (revenue -2.6% year-over-year).
  • 2016: Revenue of $134K, expenses of $53K, and assets of $3.4M.
  • 2015: Revenue of $-188,582, expenses of $54K, and assets of $3.2M (revenue -294.6% year-over-year).
  • 2014: Revenue of $97K, expenses of $37K, and assets of $2.4M (revenue +3834.6% year-over-year).
  • 2013: Revenue of $2K, expenses of $52K, and assets of $2.4M (revenue -98.6% year-over-year).
  • 2012: Revenue of $173K, expenses of $195K, and assets of $2.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Friends Of Anansi Charter School:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Friends Of Anansi Charter School 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.

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