Harvard Avenue Community School

Harvard Avenue Community School consistently operates at break-even with zero reported officer compensation.

EIN: 204543714 · Cleveland, OH · NTEE: B29 · Updated: 2026-03-28

$4.6MRevenue
$169KAssets
92/100Mission Score (Excellent)
B29
Harvard Avenue Community School Financial Summary
MetricValue
Total Revenue$4.6M
Total Expenses$3.5M
Program Spending90%
Net Assets$100
Transparency Score92/100

Is Harvard Avenue Community School Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Harvard Avenue Community School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Harvard Avenue Community School

Harvard Avenue Community School (EIN: 204543714) is a nonprofit organization based in Cleveland, OH, classified under NTEE code B29. The organization reported total revenue of $4.6M and total assets of $169K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harvard Avenue Community School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

17Years Operating
Mid-SizeSize Classification
11Years of Filings
MixedRevenue Trajectory

Harvard Avenue Community School is a mid-size nonprofit that has been operating for 17 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -4.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.5M
Total Expenses$3.5M
Surplus / Deficit+$0
Total Assets$63K
Total Liabilities$63K
Net Assets$100
Operating Margin0.0%
Debt-to-Asset Ratio99.8%
Months of Reserves0.2 months

Financial Health Grade: C

In 2023, Harvard Avenue Community School reported a surplus of $0 with revenue exceeding expenses, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 99.8% (high leverage).

Financial Trends

Over 11 years of filings (2012–2023), Harvard Avenue Community School's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023-17.5%-17.5%-25.3%
2021+15.1%+15.1%-36.4%
2020+0.1%+0.1%+8.5%
2019+3.1%+3.1%+12.2%
2018-8.2%-8.2%-1.2%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2009

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Harvard Avenue Community School demonstrates consistent financial activity, with revenues and expenses closely matched across most reported periods, indicating a break-even operational model. For example, in 2023, both revenue and expenses were $3,491,375. The organization's assets are relatively low compared to its annual revenue, with the latest reported assets at $168,660 against $4,639,001 in latest revenue. This suggests a lean operational structure with limited reserves. The consistent reporting of zero officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. The organization's financial health appears stable given its consistent revenue streams, though the low asset base could pose challenges during unexpected financial downturns. The NTEE code B29 (Elementary & Secondary Schools) aligns with its name, suggesting a clear program focus. The absence of reported liabilities in earlier years (2013-2015) and then consistent, but small, liabilities matching assets in later years (e.g., $63,352 liabilities vs. $63,452 assets in 2023) suggests a careful management of debt, often indicating pass-through funds or minor operational payables. The consistent zero officer compensation is a strong positive for spending efficiency and transparency. Overall, Harvard Avenue Community School appears to be a financially stable organization that prioritizes its mission by maintaining a lean operational structure and demonstrating high transparency regarding executive compensation. While the low asset base might be a point of consideration for long-term resilience, its consistent revenue and expense management, coupled with zero officer compensation, paint a picture of a well-managed nonprofit focused on its community.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Harvard Avenue Community 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

According to IRS 990 filings, Harvard Avenue Community 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$3.5MTotal Revenue
$3.5MTotal Expenses
$63KTotal Assets
$63KTotal Liabilities
$100Net Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for directing funds to programs and demonstrates strong financial stewardship.

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 Harvard Avenue Community School's IRS 990 filings:

Strengths

The following positive indicators were identified for Harvard Avenue Community School:

Frequently Asked Questions about Harvard Avenue Community School

Is Harvard Avenue Community School a legitimate charity?

Based on AI analysis of IRS 990 filings, Harvard Avenue Community School (EIN: 204543714) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

How does Harvard Avenue Community School spend its money?

Harvard Avenue Community School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Harvard Avenue Community School tax-deductible?

Harvard Avenue Community School is registered as a tax-exempt nonprofit (EIN: 204543714). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Harvard Avenue Community School's spending goes to programs?

Harvard Avenue Community School directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Harvard Avenue Community School compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Harvard Avenue Community 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 Harvard Avenue Community School located?

Harvard Avenue Community School is headquartered in Cleveland, Ohio and files with the IRS under EIN 204543714. It is classified under NTEE code B29.

How many years of IRS 990 filings does Harvard Avenue Community School have?

Harvard Avenue Community School has 11 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 $4.6M in total revenue.

Is Harvard Avenue Community School a good charity?

Based on the available IRS 990 data, Harvard Avenue Community School appears to be a very good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. Its revenues and expenses are closely matched, suggesting efficient use of funds.

How does Harvard Avenue Community School manage its finances?

The organization manages its finances by operating on a near break-even basis, with revenues and expenses closely aligned in most periods (e.g., $3,491,375 revenue and expenses in 2023). It maintains a relatively low asset base compared to its annual revenue, suggesting a focus on immediate program delivery rather than accumulating large reserves.

What is the trend in Harvard Avenue Community School's revenue?

Harvard Avenue Community School's revenue has fluctuated over the years, ranging from a high of $5,459,535 in 2016 to a low of $3,491,375 in 2023. The latest reported revenue is $4,639,001, showing some variability but generally maintaining a multi-million dollar operational scale.

Filing History

IRS 990 filing history for Harvard Avenue Community School showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2012–2023), Harvard Avenue Community School's revenue has declined by 37%, moving from $5.5M to $3.5M. Total assets decreased by 13% over the same period, from $73K to $63K. Total functional expenses fell by 37%, from $5.5M to $3.5M. In its most recent filing year (2023), Harvard Avenue Community School reported a surplus of $0, with revenue exceeding expenses. The organization holds $63K in liabilities against $63K in assets (debt-to-asset ratio: 99.8%), resulting in net assets of $100.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.5M $3.5M $63K $63K
2021 $4.2M $4.2M $85K $85K
2020 $3.7M $3.7M $134K $134K View 990
2019 $3.7M $3.7M $123K $123K View 990
2018 $3.6M $3.6M $110K $110K View 990
2017 $3.9M $3.9M $111K $111K View 990
2016 $5.5M $5.5M $343K $343K View 990
2015 $5.3M $5.1M $226K $0 View 990
2014 $4.5M $4.5M $78K $0 View 990
2013 $5.4M $5.4M $75K $0 View 990
2012 $5.5M $5.5M $73K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Harvard Avenue Community School:

2023 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Harvard Avenue Community 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.

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