Golden Eagle Charter School
Golden Eagle Charter School shows consistent growth and high program spending with no reported officer compensation.
EIN: 201267289 · Mount Shasta, CA · NTEE: B20 · Updated: 2026-03-28
Is Golden Eagle Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Golden Eagle Charter School directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Golden Eagle Charter School
Golden Eagle Charter School (EIN: 201267289) is a nonprofit organization based in Mount Shasta, CA, classified under NTEE code B20. The organization reported total revenue of $7.8M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Golden Eagle Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Golden Eagle Charter School is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $7.5M |
| Surplus / Deficit | $-250,103 |
| Total Assets | $5.5M |
| Total Liabilities | $2.5M |
| Net Assets | $3.0M |
| Operating Margin | -3.5% |
| Debt-to-Asset Ratio | 45.7% |
| Months of Reserves | 8.8 months |
Financial Health Grade: B
In 2023, Golden Eagle Charter School reported a deficit of $250K with expenses exceeding revenue, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 45.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Golden Eagle Charter School's revenue has grown at a compound annual growth rate (CAGR) of 9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.2% | +10.5% | +12.7% |
| 2022 | +9.9% | +4.9% | +14.4% |
| 2021 | +10.5% | +14.6% | +4.8% |
| 2020 | -1.2% | +5.1% | +21.7% |
| 2019 | +14.8% | +13.2% | +26.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Golden Eagle 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Golden Eagle Charter School allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $250K, with expenses exceeding revenue.
- Debt-to-asset ratio: 45.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with annual expenses exceeding $7 million. This suggests that executive leadership may be compensated through non-officer roles or that the school operates with a volunteer executive structure, which could be a significant efficiency but also lacks transparency regarding leadership remuneration.
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 Golden Eagle Charter School's IRS 990 filings:
- Consistently reporting 0% officer compensation for an organization of this size, which may obscure actual leadership compensation.
- Significant increase in liabilities from $1.33 million in 2022 to $2.50 million in 2023 without clear explanation in the provided data.
Strengths
The following positive indicators were identified for Golden Eagle Charter School:
- Strong and consistent revenue growth over the past decade, indicating increasing support and operational scale.
- High percentage of spending dedicated to program services, demonstrating efficiency in mission delivery.
- Consistent growth in assets, suggesting sound financial management and capacity building.
- Regular and timely filing of IRS Form 990s, indicating good compliance and transparency.
Frequently Asked Questions about Golden Eagle Charter School
Is Golden Eagle Charter School a legitimate charity?
Based on AI analysis of IRS 990 filings, Golden Eagle Charter School (EIN: 201267289) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Golden Eagle Charter School spend its money?
Golden Eagle Charter School directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Golden Eagle Charter School tax-deductible?
Golden Eagle Charter School is registered as a tax-exempt nonprofit (EIN: 201267289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How are the executive leadership roles compensated if officer compensation is consistently reported as 0%?
The IRS 990 filings for Golden Eagle Charter School consistently report 0% officer compensation. This could mean that executive leaders are compensated as regular employees rather than officers, or that the top leadership positions are filled by volunteers. Further inquiry into the school's organizational structure and payroll practices would be needed to fully understand this.
What is the primary reason for the slight deficit in the 2023 fiscal year, where expenses exceeded revenue?
In the 2023 fiscal year, Golden Eagle Charter School reported expenses of $7,489,904 against revenues of $7,239,801, resulting in a deficit. While not explicitly detailed in the summary data, this could be due to planned investments in programs, facilities, or a temporary increase in operational costs. Given the overall trend of revenue growth, it may not indicate a systemic financial issue.
What is the school's strategy for managing its increasing liabilities, which grew from $1.33 million in 2022 to $2.50 million in 2023?
The liabilities for Golden Eagle Charter School significantly increased from $1,331,158 in 2022 to $2,504,025 in 2023. This substantial increase warrants further investigation to understand its nature (e.g., new debt for expansion, deferred revenue, or operational payables) and the school's plan for managing these obligations.
Filing History
IRS 990 filing history for Golden Eagle Charter School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Golden Eagle Charter School's revenue has grown by 211.5%, moving from $2.3M to $7.2M. Total assets increased by 571.7% over the same period, from $816K to $5.5M. Total functional expenses rose by 255.7%, from $2.1M to $7.5M. In its most recent filing year (2023), Golden Eagle Charter School reported a deficit of $250K, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $5.5M in assets (debt-to-asset ratio: 45.7%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $7.5M | $5.5M | $2.5M | — | — |
| 2022 | $7.2M | $6.8M | $4.9M | $1.3M | — | View 990 |
| 2021 | $6.5M | $6.5M | $4.3M | $1.1M | — | View 990 |
| 2020 | $5.9M | $5.6M | $4.1M | $955K | — | View 990 |
| 2019 | $6.0M | $5.4M | $3.3M | $489K | — | View 990 |
| 2018 | $5.2M | $4.7M | $2.6M | $401K | — | View 990 |
| 2017 | $4.7M | $4.1M | $2.1M | $305K | — | View 990 |
| 2016 | $4.1M | $3.4M | $1.5M | $299K | — | View 990 |
| 2015 | $3.2M | $3.2M | $773K | $238K | — | View 990 |
| 2014 | $2.6M | $2.6M | $724K | $181K | — | View 990 |
| 2013 | $2.3M | $2.2M | $1.1M | $454K | — | View 990 |
| 2012 | $2.3M | $2.2M | $851K | $309K | — | View 990 |
| 2011 | $2.3M | $2.1M | $816K | $363K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $7.5M, and assets of $5.5M (revenue +1.2% year-over-year).
- 2022: Revenue of $7.2M, expenses of $6.8M, and assets of $4.9M (revenue +9.9% year-over-year).
- 2021: Revenue of $6.5M, expenses of $6.5M, and assets of $4.3M (revenue +10.5% year-over-year).
- 2020: Revenue of $5.9M, expenses of $5.6M, and assets of $4.1M (revenue -1.2% year-over-year).
- 2019: Revenue of $6.0M, expenses of $5.4M, and assets of $3.3M (revenue +14.8% year-over-year).
- 2018: Revenue of $5.2M, expenses of $4.7M, and assets of $2.6M (revenue +11.3% year-over-year).
- 2017: Revenue of $4.7M, expenses of $4.1M, and assets of $2.1M (revenue +14.2% year-over-year).
- 2016: Revenue of $4.1M, expenses of $3.4M, and assets of $1.5M (revenue +29.7% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.2M, and assets of $773K (revenue +21.8% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.6M, and assets of $724K (revenue +12.6% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.2M, and assets of $1.1M (revenue -1.0% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.2M, and assets of $851K (revenue +0.0% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.1M, and assets of $816K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Golden Eagle Charter School:
Data Sources and Methodology
This transparency report for Golden Eagle 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.