Greg Mathis Charter High School
Greg Mathis Charter High School maintains stable operations with growing assets and no reported officer compensation.
EIN: 10676352 · N Charleston, SC · NTEE: B29 · Updated: 2026-03-27
Is Greg Mathis Charter High School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greg Mathis Charter High School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greg Mathis Charter High School
Greg Mathis Charter High School (EIN: 10676352) is a nonprofit organization based in N Charleston, SC, classified under NTEE code B29. The organization reported total revenue of $1.6M and total assets of $427K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greg Mathis Charter High School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greg Mathis Charter High School with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Greg Mathis Charter High School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation directly from the organization, which is highly favorable for resource allocation.
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 Greg Mathis Charter High School's IRS 990 filings:
- Occasional operational deficits, such as the $58,777 deficit in 202406, which could indicate a need for careful budget management.
Strengths
The following positive indicators were identified for Greg Mathis Charter High School:
- Consistent IRS 990 filing history (16 filings) demonstrating strong transparency.
- Zero reported officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Significant growth in assets from $62,164 in 201806 to $426,657 in 202406, improving financial stability.
- Stable revenue stream consistently above $1 million annually since 2016, supporting ongoing operations.
- Expenses generally align closely with revenue, suggesting efficient use of funds for program delivery.
Frequently Asked Questions about Greg Mathis Charter High School
Is Greg Mathis Charter High School a legitimate charity?
Based on AI analysis of IRS 990 filings, Greg Mathis Charter High School (EIN: 10676352) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Greg Mathis Charter High School spend its money?
Greg Mathis Charter High School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greg Mathis Charter High School tax-deductible?
Greg Mathis Charter High School is registered as a tax-exempt nonprofit (EIN: 10676352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Greg Mathis Charter High School a good charity?
Based on the available financial data, Greg Mathis Charter High School appears to be a well-managed organization. It consistently files its IRS 990s, shows stable revenue, growing assets, and notably reports 0% officer compensation, indicating a strong commitment to program spending.
How has the organization's financial position changed over time?
The organization's financial position has strengthened significantly, with assets growing from $62,164 in 201806 to $426,657 in 202406. While liabilities have also increased, the overall net assets have improved, indicating better financial health.
What is the trend in revenue and expenses?
Revenue has been consistently above $1 million since 2016, reaching $1,623,673 in 202406. Expenses have generally tracked revenue closely, indicating consistent operational activity. There have been slight deficits in some years (e.g., 202406, 201906, 201506) and surpluses in others (e.g., 202306, 202206, 202006).
Filing History
IRS 990 filing history for Greg Mathis Charter High School showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2009–2024), Greg Mathis Charter High School's revenue has grown by 96.2%, moving from $827K to $1.6M. Total assets increased by 1079.2% over the same period, from $36K to $427K. Total functional expenses rose by 61.9%, from $1.0M to $1.7M. In its most recent filing year (2024), Greg Mathis Charter High School reported a deficit of $59K, with expenses exceeding revenue. The organization holds $309K in liabilities against $427K in assets (debt-to-asset ratio: 72.4%), resulting in net assets of $118K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $1.7M | $427K | $309K | — | View 990 |
| 2023 | $1.7M | $1.6M | $316K | $139K | — | View 990 |
| 2022 | $1.6M | $1.6M | $259K | $144K | — | View 990 |
| 2021 | $1.5M | $1.5M | $335K | $254K | — | — |
| 2020 | $1.5M | $1.3M | $278K | $207K | — | View 990 |
| 2019 | $981K | $1.1M | $296K | $467K | — | View 990 |
| 2018 | $1.2M | $1.2M | $62K | $120K | — | View 990 |
| 2017 | $1.0M | $996K | $122K | $223K | — | View 990 |
| 2016 | $1.0M | $957K | $154K | $260K | — | View 990 |
| 2015 | $1.4M | $1.6M | $55K | $214K | — | View 990 |
| 2014 | $2.0M | $2.0M | $324K | $257K | — | View 990 |
| 2013 | $1.2M | $1.3M | $172K | $170K | — | View 990 |
| 2012 | $1.6M | $1.4M | $304K | $297K | — | View 990 |
| 2011 | $786K | $734K | $39K | $192K | — | View 990 |
| 2010 | $879K | $779K | $71K | $276K | — | View 990 |
| 2009 | $827K | $1.0M | $36K | $341K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.6M, expenses of $1.7M, and assets of $427K (revenue -4.2% year-over-year).
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $316K (revenue +3.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $259K (revenue +8.6% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.5M, and assets of $335K (revenue +0.5% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $278K (revenue +53.2% year-over-year).
- 2019: Revenue of $981K, expenses of $1.1M, and assets of $296K (revenue -17.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $62K (revenue +19.3% year-over-year).
- 2017: Revenue of $1.0M, expenses of $996K, and assets of $122K (revenue -0.8% year-over-year).
- 2016: Revenue of $1.0M, expenses of $957K, and assets of $154K (revenue -26.7% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.6M, and assets of $55K (revenue -32.1% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.0M, and assets of $324K (revenue +62.9% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.3M, and assets of $172K (revenue -21.5% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.4M, and assets of $304K (revenue +101.9% year-over-year).
- 2011: Revenue of $786K, expenses of $734K, and assets of $39K (revenue -10.5% year-over-year).
- 2010: Revenue of $879K, expenses of $779K, and assets of $71K (revenue +6.2% year-over-year).
- 2009: Revenue of $827K, expenses of $1.0M, and assets of $36K.
Data Sources and Methodology
This transparency report for Greg Mathis Charter 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.