Herron High School Inc
Herron High School Inc. shows consistent revenue growth and no reported officer compensation.
EIN: 202010941 · Indianapolis, IN · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25.1M |
| Total Expenses | $21.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $25 |
| Net Assets | $17.3M |
| Transparency Score | 90/100 |
Is Herron High School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Herron High School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Herron High School Inc
Herron High School Inc (EIN: 202010941) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B29. The organization reported total revenue of $25.1M and total assets of $40.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Herron High School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Herron High School Inc is a large 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 16.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25.2M |
| Total Expenses | $21.7M |
| Surplus / Deficit | +$3.5M |
| Total Assets | $28.9M |
| Total Liabilities | $11.6M |
| Net Assets | $17.3M |
| Operating Margin | 14.0% |
| Debt-to-Asset Ratio | 40.2% |
| Months of Reserves | 16.0 months |
Financial Health Grade: A
In 2023, Herron High School Inc reported a surplus of $3.5M with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 40.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Herron High School Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.7% | +19.4% | +33.8% |
| 2022 | +41.6% | +31.9% | +8.2% |
| 2021 | +19.2% | +6.6% | +3.9% |
| 2020 | +9.5% | +7.3% | +6.9% |
| 2019 | -4.8% | +20.9% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| 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 Herron High School Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Herron High School Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $3.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with over $25 million in annual revenue and $40 million in assets.
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 Herron High School Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size may indicate compensation is reported elsewhere or through a related entity, warranting further investigation into the full compensation structure.
Strengths
The following positive indicators were identified for Herron High School Inc:
- Strong and consistent revenue growth, more than doubling from 2020 to 2023.
- Consistent operational surpluses, indicating sound financial management.
- Significant growth in assets, demonstrating increasing capacity and financial health.
- Consistent filing of IRS 990 forms, indicating good transparency and compliance.
Frequently Asked Questions about Herron High School Inc
Is Herron High School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Herron High School Inc (EIN: 202010941) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Herron High School Inc spend its money?
Herron High School Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Herron High School Inc tax-deductible?
Herron High School Inc is registered as a tax-exempt nonprofit (EIN: 202010941). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Herron High School Inc CEO make?
Herron High School Inc's highest-compensated officer earns $25 annually. The organization reported $25.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Herron High School Inc's spending goes to programs?
Herron High School Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Herron High School Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Herron High School Inc 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 Herron High School Inc located?
Herron High School Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 202010941. It is classified under NTEE code B29.
How many years of IRS 990 filings does Herron High School Inc have?
Herron High School Inc 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 $25.1M in total revenue.
Is Herron High School Inc. financially stable?
Yes, Herron High School Inc. appears financially stable, consistently generating surpluses (e.g., $25.2M revenue vs. $21.7M expenses in 2023) and growing its asset base (from $19.2M in 2020 to $28.9M in 2023).
How has Herron High School Inc.'s revenue changed over time?
Herron High School Inc. has experienced significant revenue growth, more than doubling from $12.9 million in 2020 to $25.2 million in 2023.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation across all 13 filings, suggesting that officers are either unpaid or compensated through a related entity not reflected in these specific filings.
Filing History
IRS 990 filing history for Herron High School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Herron High School Inc's revenue has grown by 524.5%, moving from $4.0M to $25.2M. Total assets increased by 250.3% over the same period, from $8.3M to $28.9M. Total functional expenses rose by 465.2%, from $3.8M to $21.7M. In its most recent filing year (2023), Herron High School Inc reported a surplus of $3.5M, with revenue exceeding expenses. The organization holds $11.6M in liabilities against $28.9M in assets (debt-to-asset ratio: 40.2%), resulting in net assets of $17.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25.2M | $21.7M | $28.9M | $11.6M | — | — |
| 2022 | $21.8M | $18.1M | $21.6M | $7.9M | — | View 990 |
| 2021 | $15.4M | $13.8M | $20.0M | $9.9M | — | — |
| 2020 | $12.9M | $12.9M | $19.2M | $10.7M | — | View 990 |
| 2019 | $11.8M | $12.0M | $18.0M | $9.5M | — | View 990 |
| 2018 | $12.4M | $9.9M | $18.3M | $9.5M | — | View 990 |
| 2017 | $7.7M | $8.1M | $12.6M | $6.2M | — | View 990 |
| 2016 | $8.4M | $7.0M | $13.1M | $6.4M | — | View 990 |
| 2015 | $6.5M | $6.4M | $12.1M | $6.8M | — | View 990 |
| 2014 | $8.2M | $6.4M | $12.3M | $7.0M | — | View 990 |
| 2013 | $6.9M | $6.1M | $7.3M | $4.6M | — | View 990 |
| 2012 | $5.1M | $4.9M | $8.9M | $7.0M | — | View 990 |
| 2011 | $4.0M | $3.8M | $8.3M | $6.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25.2M, expenses of $21.7M, and assets of $28.9M (revenue +15.7% year-over-year).
- 2022: Revenue of $21.8M, expenses of $18.1M, and assets of $21.6M (revenue +41.6% year-over-year).
- 2021: Revenue of $15.4M, expenses of $13.8M, and assets of $20.0M (revenue +19.2% year-over-year).
- 2020: Revenue of $12.9M, expenses of $12.9M, and assets of $19.2M (revenue +9.5% year-over-year).
- 2019: Revenue of $11.8M, expenses of $12.0M, and assets of $18.0M (revenue -4.8% year-over-year).
- 2018: Revenue of $12.4M, expenses of $9.9M, and assets of $18.3M (revenue +60.1% year-over-year).
- 2017: Revenue of $7.7M, expenses of $8.1M, and assets of $12.6M (revenue -7.4% year-over-year).
- 2016: Revenue of $8.4M, expenses of $7.0M, and assets of $13.1M (revenue +29.0% year-over-year).
- 2015: Revenue of $6.5M, expenses of $6.4M, and assets of $12.1M (revenue -21.1% year-over-year).
- 2014: Revenue of $8.2M, expenses of $6.4M, and assets of $12.3M (revenue +18.8% year-over-year).
- 2013: Revenue of $6.9M, expenses of $6.1M, and assets of $7.3M (revenue +35.8% year-over-year).
- 2012: Revenue of $5.1M, expenses of $4.9M, and assets of $8.9M (revenue +26.1% year-over-year).
- 2011: Revenue of $4.0M, expenses of $3.8M, and assets of $8.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Herron High School Inc:
Data Sources and Methodology
This transparency report for Herron High School Inc 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.