Global Concepts Charter School
Global Concepts Charter School consistently grows revenue and assets with no reported officer compensation.
EIN: 161572518 · Buffalo, NY · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.4M |
| Total Expenses | $16.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $17 |
| Net Assets | $21.9M |
| Transparency Score | 90/100 |
Is Global Concepts Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Global Concepts Charter School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Global Concepts Charter School
Global Concepts Charter School (EIN: 161572518) is a nonprofit organization based in Buffalo, NY, classified under NTEE code B29. The organization reported total revenue of $15.4M and total assets of $28.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Concepts Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Concepts Charter School is a large nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.2M |
| Total Expenses | $16.3M |
| Surplus / Deficit | +$901K |
| Total Assets | $30.1M |
| Total Liabilities | $8.2M |
| Net Assets | $21.9M |
| Operating Margin | 5.2% |
| Debt-to-Asset Ratio | 27.2% |
| Months of Reserves | 22.2 months |
Financial Health Grade: A
In 2023, Global Concepts Charter School reported a surplus of $901K with revenue exceeding expenses, holds 22.2 months of operating reserves (strong position), has a debt-to-asset ratio of 27.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Global Concepts Charter School's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.8% | +8.2% | +7.3% |
| 2022 | +7.0% | +14.1% | +6.0% |
| 2021 | +5.6% | +3.6% | +9.3% |
| 2020 | +-0.0% | -7.5% | +6.2% |
| 2019 | +5.5% | +11.8% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
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 Global Concepts Charter School with a Mission Score of 90 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, Global Concepts Charter School 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 surplus of $901K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.2%.
Executive Compensation Analysis
Global Concepts Charter School consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with over $17 million in annual revenue and suggests that executive leadership may be compensated through a related management entity or that the board is entirely volunteer-based.
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 Global Concepts Charter School's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size may obscure actual executive compensation if paid through a related entity.
Strengths
The following positive indicators were identified for Global Concepts Charter School:
- Consistent revenue growth, increasing from $12.5M in 2014 to $17.1M in 2023.
- Strong asset accumulation, growing from $17.1M in 2014 to $30.1M in 2023.
- Consistent positive net income (revenue exceeding expenses) across all reported periods, indicating financial stability.
- Consistent filing of IRS 990s over 13 periods, demonstrating regulatory compliance and transparency.
- Low liabilities relative to assets, with liabilities at $8.2M against $30.1M in assets in 2023.
Frequently Asked Questions about Global Concepts Charter School
Is Global Concepts Charter School a legitimate charity?
Global Concepts Charter School (EIN: 161572518) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.4M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Global Concepts Charter School spend its money?
Global Concepts Charter School directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Global Concepts Charter School tax-deductible?
Global Concepts Charter School is registered as a tax-exempt nonprofit (EIN: 161572518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Global Concepts Charter School CEO make?
Global Concepts Charter School's highest-compensated officer earns $17 annually. The organization reported $15.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Global Concepts Charter School's spending goes to programs?
Global Concepts Charter School directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Global Concepts Charter School compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Global Concepts Charter School is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Global Concepts Charter School located?
Global Concepts Charter School is headquartered in Buffalo, New York and files with the IRS under EIN 161572518. It is classified under NTEE code B29.
How many years of IRS 990 filings does Global Concepts Charter School have?
Global Concepts Charter School has 13 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 $15.4M in total revenue.
How are the school's top executives compensated if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings suggests that executive compensation may be structured through a related management organization, or that the board and top leadership are entirely volunteer-based. This warrants further investigation into the school's operational structure and any related party transactions.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While the provided data does not offer a detailed functional expense breakdown, the overall financial health and lack of reported officer compensation suggest a strong focus on program spending. A full IRS 990 would provide this specific allocation.
What is the school's strategy for managing its growing asset base?
The school has consistently grown its assets from $17.1 million in 2014 to $30.1 million in 2023. This growth indicates strong financial management and reinvestment, likely in facilities and educational resources, but the specific strategy for managing these assets would be detailed in their financial statements.
Filing History
IRS 990 filing history for Global Concepts Charter School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Global Concepts Charter School's revenue has grown by 86.7%, moving from $9.2M to $17.2M. Total assets increased by 110.2% over the same period, from $14.3M to $30.1M. Total functional expenses rose by 117%, from $7.5M to $16.3M. In its most recent filing year (2023), Global Concepts Charter School reported a surplus of $901K, with revenue exceeding expenses. The organization holds $8.2M in liabilities against $30.1M in assets (debt-to-asset ratio: 27.2%), resulting in net assets of $21.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.2M | $16.3M | $30.1M | $8.2M | — | View 990 |
| 2022 | $16.7M | $15.0M | $28.1M | $7.1M | — | View 990 |
| 2021 | $15.6M | $13.2M | $26.5M | $7.1M | — | View 990 |
| 2020 | $14.8M | $12.7M | $24.3M | $7.2M | — | View 990 |
| 2019 | $14.8M | $13.8M | $22.9M | $7.8M | — | View 990 |
| 2018 | $14.0M | $12.3M | $22.2M | $8.2M | — | View 990 |
| 2017 | $14.0M | $11.8M | $20.7M | $8.5M | — | View 990 |
| 2016 | $13.4M | $11.8M | $19.2M | $9.2M | — | View 990 |
| 2015 | $13.1M | $11.9M | $17.9M | $9.4M | — | View 990 |
| 2014 | $12.5M | $11.4M | $17.2M | $9.8M | — | View 990 |
| 2013 | $10.8M | $10.0M | $15.7M | $9.5M | — | View 990 |
| 2012 | $9.1M | $9.0M | $14.8M | $9.4M | — | View 990 |
| 2011 | $9.2M | $7.5M | $14.3M | $9.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.2M, expenses of $16.3M, and assets of $30.1M (revenue +2.8% year-over-year).
- 2022: Revenue of $16.7M, expenses of $15.0M, and assets of $28.1M (revenue +7.0% year-over-year).
- 2021: Revenue of $15.6M, expenses of $13.2M, and assets of $26.5M (revenue +5.6% year-over-year).
- 2020: Revenue of $14.8M, expenses of $12.7M, and assets of $24.3M (revenue +-0.0% year-over-year).
- 2019: Revenue of $14.8M, expenses of $13.8M, and assets of $22.9M (revenue +5.5% year-over-year).
- 2018: Revenue of $14.0M, expenses of $12.3M, and assets of $22.2M (revenue -0.1% year-over-year).
- 2017: Revenue of $14.0M, expenses of $11.8M, and assets of $20.7M (revenue +5.0% year-over-year).
- 2016: Revenue of $13.4M, expenses of $11.8M, and assets of $19.2M (revenue +2.3% year-over-year).
- 2015: Revenue of $13.1M, expenses of $11.9M, and assets of $17.9M (revenue +4.3% year-over-year).
- 2014: Revenue of $12.5M, expenses of $11.4M, and assets of $17.2M (revenue +15.9% year-over-year).
- 2013: Revenue of $10.8M, expenses of $10.0M, and assets of $15.7M (revenue +18.4% year-over-year).
- 2012: Revenue of $9.1M, expenses of $9.0M, and assets of $14.8M (revenue -0.6% year-over-year).
- 2011: Revenue of $9.2M, expenses of $7.5M, and assets of $14.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Concepts Charter School:
Data Sources and Methodology
This transparency report for Global Concepts 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.