Highcrest Elementary School Parent Teacher Organization Inc
Highcrest Elementary PTO consistently operates with volunteer leadership and fluctuating but managed finances.
EIN: 201606103 · Wethersfield, CT · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $37K |
| Program Spending | 90% |
| Net Assets | $37K |
| Transparency Score | 92/100 |
Is Highcrest Elementary School Parent Teacher Organization Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Highcrest Elementary School Parent Teacher Organization Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Highcrest Elementary School Parent Teacher Organization Inc
Highcrest Elementary School Parent Teacher Organization Inc (EIN: 201606103) is a nonprofit organization based in Wethersfield, CT, classified under NTEE code B11. The organization reported total revenue of $55K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Highcrest Elementary School Parent Teacher Organization Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Highcrest Elementary School Parent Teacher Organization Inc is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -9.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $37K |
| Surplus / Deficit | $-15,849 |
| Total Assets | $37K |
| Net Assets | $37K |
| Operating Margin | -76.0% |
| Months of Reserves | 12.1 months |
Financial Health Grade: B
In 2024, Highcrest Elementary School Parent Teacher Organization Inc reported a deficit of $16K with expenses exceeding revenue, holds 12.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Highcrest Elementary School Parent Teacher Organization Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -38.1% | -0.2% | -30.0% |
| 2023 | -21.7% | +15.4% | -5.5% |
| 2022 | +383.0% | +274.5% | +24.9% |
| 2021 | -73.7% | -74.0% | +0.9% |
| 2020 | -32.7% | -35.8% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Highcrest Elementary School Parent Teacher Organization Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Highcrest Elementary School Parent Teacher Organization Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is entirely volunteer-run at the leadership level, which is highly commendable for a small PTO.
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 Highcrest Elementary School Parent Teacher Organization Inc's IRS 990 filings:
- Expenses exceeded revenue in recent periods (e.g., 202406 and 202306), which if sustained, could impact long-term financial stability.
Strengths
The following positive indicators were identified for Highcrest Elementary School Parent Teacher Organization Inc:
- 100% volunteer leadership with 0% officer compensation reported across all filings, maximizing funds for programs.
- Consistent IRS 990 filing history (13 filings), demonstrating strong transparency and compliance.
- Stable asset base (e.g., $31,010 latest assets) despite revenue fluctuations, indicating prudent financial management.
- Low administrative overhead due to volunteer structure, ensuring high program efficiency.
Frequently Asked Questions about Highcrest Elementary School Parent Teacher Organization Inc
Is Highcrest Elementary School Parent Teacher Organization Inc a legitimate charity?
Highcrest Elementary School Parent Teacher Organization Inc (EIN: 201606103) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $55K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Highcrest Elementary School Parent Teacher Organization Inc spend its money?
Highcrest Elementary School Parent Teacher Organization Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Highcrest Elementary School Parent Teacher Organization Inc tax-deductible?
Highcrest Elementary School Parent Teacher Organization Inc is registered as a tax-exempt nonprofit (EIN: 201606103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Highcrest Elementary School Parent Teacher Organization Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Highcrest Elementary School Parent Teacher Organization Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Highcrest Elementary School Parent Teacher Organization Inc located?
Highcrest Elementary School Parent Teacher Organization Inc is headquartered in Wethersfield, Connecticut and files with the IRS under EIN 201606103. It is classified under NTEE code B11.
How many years of IRS 990 filings does Highcrest Elementary School Parent Teacher Organization Inc have?
Highcrest Elementary School Parent Teacher Organization 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 $55K in total revenue.
Is Highcrest Elementary School Parent Teacher Organization Inc a good charity?
Yes, Highcrest Elementary School Parent Teacher Organization Inc appears to be a good charity. It is volunteer-led with 0% officer compensation, indicating that all funds are directed towards its mission. Its consistent IRS filings demonstrate transparency and compliance.
How does the organization manage its finances given fluctuating revenues?
The organization manages fluctuating revenues by maintaining a stable asset base, such as $36,998 in assets in 202406 despite expenses exceeding revenue. This suggests a reserve fund or careful budgeting to absorb variations in annual income and expenses.
What is the trend in the organization's financial health?
The organization's financial health shows some variability, with revenues ranging from $8,908 in 202106 to $70,956 in 201606. While expenses sometimes exceed revenue (e.g., $36,708 expenses vs. $20,859 revenue in 202406), its assets have remained relatively stable, indicating resilience.
Filing History
IRS 990 filing history for Highcrest Elementary School Parent Teacher Organization Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Highcrest Elementary School Parent Teacher Organization Inc's revenue has declined by 70.5%, moving from $71K to $21K. Total assets decreased by 15.2% over the same period, from $44K to $37K. Total functional expenses fell by 47.7%, from $70K to $37K. In its most recent filing year (2024), Highcrest Elementary School Parent Teacher Organization Inc reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $21K | $37K | $37K | $0 | — | — |
| 2023 | $34K | $37K | $53K | $0 | — | View 990 |
| 2022 | $43K | $32K | $56K | $0 | — | — |
| 2021 | $9K | $9K | $45K | $0 | — | — |
| 2020 | $34K | $33K | $44K | $0 | — | View 990 |
| 2019 | $50K | $51K | $43K | $0 | — | View 990 |
| 2018 | $50K | $41K | $44K | $0 | — | View 990 |
| 2017 | $42K | $59K | $35K | $0 | — | View 990 |
| 2016 | $71K | $64K | $52K | $0 | — | View 990 |
| 2015 | $65K | $60K | $45K | $0 | — | View 990 |
| 2014 | $58K | $56K | $41K | $0 | — | View 990 |
| 2013 | $59K | $65K | $38K | $0 | — | View 990 |
| 2012 | $71K | $70K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $21K, expenses of $37K, and assets of $37K (revenue -38.1% year-over-year).
- 2023: Revenue of $34K, expenses of $37K, and assets of $53K (revenue -21.7% year-over-year).
- 2022: Revenue of $43K, expenses of $32K, and assets of $56K (revenue +383.0% year-over-year).
- 2021: Revenue of $9K, expenses of $9K, and assets of $45K (revenue -73.7% year-over-year).
- 2020: Revenue of $34K, expenses of $33K, and assets of $44K (revenue -32.7% year-over-year).
- 2019: Revenue of $50K, expenses of $51K, and assets of $43K (revenue +0.9% year-over-year).
- 2018: Revenue of $50K, expenses of $41K, and assets of $44K (revenue +18.8% year-over-year).
- 2017: Revenue of $42K, expenses of $59K, and assets of $35K (revenue -40.9% year-over-year).
- 2016: Revenue of $71K, expenses of $64K, and assets of $52K (revenue +9.0% year-over-year).
- 2015: Revenue of $65K, expenses of $60K, and assets of $45K (revenue +11.6% year-over-year).
- 2014: Revenue of $58K, expenses of $56K, and assets of $41K (revenue -1.6% year-over-year).
- 2013: Revenue of $59K, expenses of $65K, and assets of $38K (revenue -16.3% year-over-year).
- 2012: Revenue of $71K, expenses of $70K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Highcrest Elementary School Parent Teacher Organization Inc:
Data Sources and Methodology
This transparency report for Highcrest Elementary School Parent Teacher Organization 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.