Gem City Career Prep High School

Gem City Career Prep High School consistently operates with surpluses and reports no officer compensation, though liabilities exceed assets.

EIN: 201310722 · Fairlawn, OH · NTEE: B29 · Updated: 2026-03-28

$2.4MRevenue

$835KAssets

85/100Mission Score (Excellent)

B29

About Gem City Career Prep High School

Gem City Career Prep High School (EIN: 201310722) is a nonprofit organization based in Fairlawn, OH, classified under NTEE code B29. The organization reported total revenue of $2.4M and total assets of $835K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gem City Career Prep High School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Gem City Career Prep High School demonstrates consistent financial operations, with revenues generally exceeding expenses in recent years, contributing to a stable asset base. For example, in 2023, revenue was $1,817,687 against expenses of $1,732,701, resulting in a surplus. The organization's liabilities have shown a decreasing trend from a high of $1,968,200 in 2017 to $1,004,463 in 2023, which is a positive indicator of financial management. However, the liabilities still exceed assets, with $1,004,463 in liabilities compared to $825,432 in assets in 2023, suggesting a reliance on debt or other non-equity financing. 

The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and efficient use of funds, as it suggests that top leadership is either unpaid or compensated through other means not classified as officer compensation on the 990. This practice can free up more resources for program delivery. While specific program spending ratios are not provided in the raw data, the consistent surpluses and lack of officer compensation suggest a focus on mission-related activities. The organization's NTEE code B29 (High Schools) aligns with its name, indicating a clear programmatic focus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Gem City Career Prep High School with a Mission Score of 85 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, Gem City Career Prep High School 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

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation or that it is classified differently, which is highly unusual for an organization of this size with annual revenues exceeding $1.8 million.

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 Gem City Career Prep High School's IRS 990 filings:

Liabilities consistently exceed assets, indicating potential long-term financial risk or reliance on debt financing (e.g., $1,004,463 liabilities vs. $825,432 assets in 2023).
Consistent 0% officer compensation reported across all filings for an organization with over $1.8M in annual revenue is unusual and may warrant further inquiry into how leadership is compensated or if this data is fully representative.

Strengths

The following positive indicators were identified for Gem City Career Prep High School:

Consistent generation of operating surpluses in recent years (e.g., $84,986 in 2023, $198,219 in 2022).
Significant reduction in liabilities over time, from $1,968,200 in 2017 to $1,004,463 in 2023.
Strong transparency indicated by consistent 0% officer compensation, suggesting a high proportion of funds are directed towards programs.
Clear mission alignment with NTEE code B29 (High Schools) and organizational name.

Frequently Asked Questions about Gem City Career Prep High School

Is Gem City Career Prep High School financially stable?

While Gem City Career Prep High School has consistently generated surpluses in recent years (e.g., $84,986 in 2023), its liabilities ($1,004,463 in 2023) continue to exceed its assets ($825,432 in 2023), indicating a reliance on debt or other non-equity financing that warrants further investigation into its long-term stability.

How does Gem City Career Prep High School manage its administrative costs?

The consistent reporting of 0% officer compensation across all filings suggests very low administrative overhead in terms of executive salaries, which is a positive sign for efficient use of funds. However, a full breakdown of administrative expenses beyond officer compensation would provide a clearer picture.

What is the trend in the organization's financial health?

The organization has shown a positive trend in reducing its liabilities from a peak of $1,968,200 in 2017 to $1,004,463 in 2023, while maintaining a relatively stable asset base and consistent revenue generation, indicating improving financial management.

Filing History

IRS 990 filing history for Gem City Career Prep High School showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Gem City Career Prep High School's revenue has declined by 53.3%, moving from $3.9M to $1.8M. Total assets decreased by 10.5% over the same period, from $923K to $825K. Total functional expenses fell by 56.1%, from $3.9M to $1.7M. In its most recent filing year (2023), Gem City Career Prep High School reported a surplus of $85K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $825K in assets (debt-to-asset ratio: 121.7%), resulting in net assets of $-179,031.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.8M	$1.7M	$825K	$1.0M	—	—
2022	$1.8M	$1.6M	$851K	$1.1M	—	View 990
2021	$1.7M	$1.6M	$922K	$1.4M	—	View 990
2020	$1.6M	$1.6M	$901K	$1.4M	—	View 990
2019	$1.6M	$1.4M	$1.1M	$1.6M	—	View 990
2018	$1.5M	$944K	$965K	$1.7M	—	View 990
2017	$1.4M	$1.5M	$1.0M	$2.0M	—	—
2016	$2.0M	$1.9M	$701K	$1.6M	—	View 990
2015	$2.6M	$2.5M	$817K	$1.8M	—	View 990
2014	$2.8M	$2.8M	$476K	$53K	—	View 990
2013	$2.7M	$2.7M	$923K	$540K	—	View 990
2012	$4.5M	$4.4M	$917K	$558K	—	View 990
2011	$3.9M	$3.9M	$923K	$630K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.8M, expenses of $1.7M, and assets of $825K (revenue -0.5% year-over-year).
2022: Revenue of $1.8M, expenses of $1.6M, and assets of $851K (revenue +10.3% year-over-year).
2021: Revenue of $1.7M, expenses of $1.6M, and assets of $922K (revenue +0.5% year-over-year).
2020: Revenue of $1.6M, expenses of $1.6M, and assets of $901K (revenue +6.0% year-over-year).
2019: Revenue of $1.6M, expenses of $1.4M, and assets of $1.1M (revenue +4.8% year-over-year).
2018: Revenue of $1.5M, expenses of $944K, and assets of $965K (revenue +4.4% year-over-year).
2017: Revenue of $1.4M, expenses of $1.5M, and assets of $1.0M (revenue -27.5% year-over-year).
2016: Revenue of $2.0M, expenses of $1.9M, and assets of $701K (revenue -24.9% year-over-year).
2015: Revenue of $2.6M, expenses of $2.5M, and assets of $817K (revenue -8.4% year-over-year).
2014: Revenue of $2.8M, expenses of $2.8M, and assets of $476K (revenue +5.9% year-over-year).
2013: Revenue of $2.7M, expenses of $2.7M, and assets of $923K (revenue -39.7% year-over-year).
2012: Revenue of $4.5M, expenses of $4.4M, and assets of $917K (revenue +14.6% year-over-year).
2011: Revenue of $3.9M, expenses of $3.9M, and assets of $923K.

Data Sources and Methodology

This transparency report for Gem City Career Prep High 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.