Harrison County Alternative Education Center Incorporated
Harrison County Alternative Education Center maintains stable finances with zero executive compensation and growing assets.
EIN: 202724536 · Corydon, IN · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $390K |
| Total Expenses | $330K |
| Program Spending | 90% |
| Net Assets | $269K |
| Transparency Score | 92/100 |
Search Intent Cockpit
Harrison County Alternative Education Center Incorporated Form 990, Revenue, CEO Pay, and IRS Filing Signals
Harrison County Alternative Education Center Incorporated 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 Harrison County Alternative Education Center Incorporated in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $305K and expenses of $330K.
Revenue and Expenses
Harrison County Alternative Education Center Incorporated reported $305K in revenue and $330K in expenses, a deficit of $25K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
92/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Harrison County Alternative Education Center Incorporated Legit?
Some Concerns
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
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
| Program services | $297K (90%) |
Across stored filings, Harrison County Alternative Education Center Incorporated shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Sigma Kappa Sorority | Indiana and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Sigma Kappa Sorority →All Indiana nonprofits
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Local and Sector Spokes
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Corydon, IN nonprofitsEducation in Indiana
Education in Indiana
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Harrison County Alternative Education Center Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harrison County Alternative Education Center Incorporated
Harrison County Alternative Education Center Incorporated (EIN: 202724536) is a nonprofit organization based in Corydon, IN, classified under NTEE code B60. The organization reported total revenue of $390K and total assets of $277K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harrison County Alternative Education Center Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harrison County Alternative Education Center Incorporated is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $305K |
| Total Expenses | $330K |
| Surplus / Deficit | $-24,945 |
| Total Assets | $269K |
| Net Assets | $269K |
| Operating Margin | -8.2% |
| Months of Reserves | 9.8 months |
Financial Health Grade: B
In 2023, Harrison County Alternative Education Center Incorporated reported a deficit of $25K with expenses exceeding revenue, holds 9.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Harrison County Alternative Education Center Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.5% | +17.2% | -8.5% |
| 2022 | +17.1% | +0.9% | +13.3% |
| 2021 | -10.1% | +0.4% | -3.4% |
| 2020 | -0.5% | +0.8% | +9.1% |
| 2019 | -0.1% | +5.5% | +11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Harrison County Alternative Education Center Incorporated 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, Harrison County Alternative Education Center Incorporated 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and suggests a volunteer-led or very lean operational model.
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 Harrison County Alternative Education Center Incorporated's IRS 990 filings:
- Expenses exceeded revenue in the latest filing (2023) by $24,945, though this is not a consistent trend.
Strengths
The following positive indicators were identified for Harrison County Alternative Education Center Incorporated:
- Consistent 0% officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Strong financial solvency with growing assets ($269,190 in 2023) and virtually no liabilities.
- Consistent history of IRS 990 filings, demonstrating transparency and compliance.
- Stable revenue and expense levels over a decade, indicating predictable operations.
Frequently Asked Questions about Harrison County Alternative Education Center Incorporated
Is Harrison County Alternative Education Center Incorporated a legitimate charity?
Harrison County Alternative Education Center Incorporated (EIN: 202724536) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $390K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Harrison County Alternative Education Center Incorporated spend its money?
Harrison County Alternative Education Center Incorporated directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Harrison County Alternative Education Center Incorporated tax-deductible?
Harrison County Alternative Education Center Incorporated is registered as a tax-exempt nonprofit (EIN: 202724536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Harrison County Alternative Education Center Incorporated's spending goes to programs?
Harrison County Alternative Education Center Incorporated directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Harrison County Alternative Education Center Incorporated compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Harrison County Alternative Education Center Incorporated is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Harrison County Alternative Education Center Incorporated located?
Harrison County Alternative Education Center Incorporated is headquartered in Corydon, Indiana and files with the IRS under EIN 202724536. It is classified under NTEE code B60.
How many years of IRS 990 filings does Harrison County Alternative Education Center Incorporated have?
Harrison County Alternative Education Center Incorporated 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 $390K in total revenue.
Is Harrison County Alternative Education Center Incorporated a good charity?
Based on its financial data, Harrison County Alternative Education Center Incorporated appears to be a very good charity. It consistently reports 0% officer compensation, maintains a healthy and growing asset base with virtually no liabilities, and has a strong history of financial transparency through regular IRS 990 filings.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level, or that executive functions are performed by staff whose compensation is categorized under program or administrative expenses rather than officer compensation. This is a highly efficient model for directing funds to mission.
What is the trend in the organization's financial health?
The organization shows a positive trend in financial health, with assets growing from $123,377 in 2015 to $269,190 in 2023, and liabilities consistently near zero. While there are minor fluctuations in annual revenue and expenses, the overall solvency and asset accumulation are strong.
Filing History
IRS 990 filing history for Harrison County Alternative Education Center Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Harrison County Alternative Education Center Incorporated's revenue has grown by 17.7%, moving from $259K to $305K. Total assets increased by 555% over the same period, from $41K to $269K. Total functional expenses rose by 35.6%, from $243K to $330K. In its most recent filing year (2023), Harrison County Alternative Education Center Incorporated reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $305K | $330K | $269K | $0 | — | — |
| 2022 | $316K | $281K | $294K | $0 | — | — |
| 2021 | $270K | $279K | $260K | $0 | — | View 990 |
| 2020 | $300K | $278K | $269K | $0 | — | — |
| 2019 | $302K | $275K | $247K | $0 | — | View 990 |
| 2018 | $302K | $261K | $220K | $26 | — | View 990 |
| 2017 | $280K | $251K | $180K | $27 | — | View 990 |
| 2016 | $279K | $252K | $151K | $486 | — | View 990 |
| 2015 | $266K | $293K | $123K | $587 | — | View 990 |
| 2014 | $272K | $239K | $151K | $633 | — | View 990 |
| 2013 | $276K | $223K | $118K | $623 | — | View 990 |
| 2012 | $249K | $224K | $65K | $529 | — | View 990 |
| 2011 | $259K | $243K | $41K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $305K, expenses of $330K, and assets of $269K (revenue -3.5% year-over-year).
- 2022: Revenue of $316K, expenses of $281K, and assets of $294K (revenue +17.1% year-over-year).
- 2021: Revenue of $270K, expenses of $279K, and assets of $260K (revenue -10.1% year-over-year).
- 2020: Revenue of $300K, expenses of $278K, and assets of $269K (revenue -0.5% year-over-year).
- 2019: Revenue of $302K, expenses of $275K, and assets of $247K (revenue -0.1% year-over-year).
- 2018: Revenue of $302K, expenses of $261K, and assets of $220K (revenue +7.8% year-over-year).
- 2017: Revenue of $280K, expenses of $251K, and assets of $180K (revenue +0.3% year-over-year).
- 2016: Revenue of $279K, expenses of $252K, and assets of $151K (revenue +5.1% year-over-year).
- 2015: Revenue of $266K, expenses of $293K, and assets of $123K (revenue -2.6% year-over-year).
- 2014: Revenue of $272K, expenses of $239K, and assets of $151K (revenue -1.4% year-over-year).
- 2013: Revenue of $276K, expenses of $223K, and assets of $118K (revenue +11.1% year-over-year).
- 2012: Revenue of $249K, expenses of $224K, and assets of $65K (revenue -4.0% year-over-year).
- 2011: Revenue of $259K, expenses of $243K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harrison County Alternative Education Center Incorporated:
Data Sources and Methodology
This transparency report for Harrison County Alternative Education Center Incorporated 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.