Howard County Public Schools Educational Foundation Inc
Howard County Public Schools Educational Foundation shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 204840080 · Ellicott City, MD · NTEE: B122 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $469K |
| Total Expenses | $347K |
| Program Spending | 85% |
| Net Assets | $249K |
| Transparency Score | 90/100 |
Is Howard County Public Schools Educational Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Howard County Public Schools Educational Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Howard County Public Schools Educational Foundation Inc
Howard County Public Schools Educational Foundation Inc (EIN: 204840080) is a nonprofit organization based in Ellicott City, MD, classified under NTEE code B122. The organization reported total revenue of $469K and total assets of $259K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Howard County Public Schools Educational Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Howard County Public Schools Educational Foundation Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $400K |
| Total Expenses | $347K |
| Surplus / Deficit | +$53K |
| Total Assets | $249K |
| Net Assets | $249K |
| Operating Margin | 13.3% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, Howard County Public Schools Educational Foundation Inc reported a surplus of $53K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Howard County Public Schools Educational Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.7% | +25.2% | +27.1% |
| 2022 | -14.5% | -33.3% | +44.1% |
| 2021 | +75.8% | +102.5% | -19.3% |
| 2020 | +18.2% | +7.3% | +59.1% |
| 2019 | +54.1% | -12.2% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Howard County Public Schools Educational Foundation 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, Howard County Public Schools Educational Foundation 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 $53K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer or compensated through non-officer categories, which is highly favorable for directing funds to programs.
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.
Strengths
The following positive indicators were identified for Howard County Public Schools Educational Foundation Inc:
- Consistent revenue growth, from $189,710 in 2019 to $399,896 in 2023.
- Strong asset accumulation, increasing from $105,627 in 2019 to $248,658 in 2023.
- Zero reported liabilities in the last three fiscal periods (2021-2023), indicating excellent financial health.
- 0% officer compensation reported across all filings, suggesting high efficiency in directing funds to mission.
- Consistent surplus of revenue over expenses in recent years (e.g., $399,896 revenue vs. $346,810 expenses in 2023).
Frequently Asked Questions about Howard County Public Schools Educational Foundation Inc
Is Howard County Public Schools Educational Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Howard County Public Schools Educational Foundation Inc (EIN: 204840080) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Howard County Public Schools Educational Foundation Inc spend its money?
Howard County Public Schools Educational Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Howard County Public Schools Educational Foundation Inc tax-deductible?
Howard County Public Schools Educational Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204840080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Howard County Public Schools Educational Foundation Inc's spending goes to programs?
Howard County Public Schools Educational Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Howard County Public Schools Educational Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Howard County Public Schools Educational Foundation Inc is above average for NTEE category B122 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Howard County Public Schools Educational Foundation Inc located?
Howard County Public Schools Educational Foundation Inc is headquartered in Ellicott City, Maryland and files with the IRS under EIN 204840080. It is classified under NTEE code B122.
How many years of IRS 990 filings does Howard County Public Schools Educational Foundation Inc have?
Howard County Public Schools Educational Foundation 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 $469K in total revenue.
Is Howard County Public Schools Educational Foundation Inc. financially stable?
Yes, the foundation appears financially stable, consistently reporting revenues exceeding expenses in recent years (e.g., $399,896 revenue vs. $346,810 expenses in 2023) and growing assets from $135,693 in 2021 to $248,658 in 2023, with zero liabilities in the last three periods.
How does the organization manage executive compensation?
The organization reports 0% officer compensation across all available IRS 990 filings, suggesting a volunteer-led executive team or compensation structured in a way that minimizes overhead in this category.
Has the foundation's revenue been growing?
Yes, the foundation has shown significant revenue growth, increasing from $189,710 in 2019 to $399,896 in 2023, with a peak of $469,218 in the latest reported period.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend, growing from $105,627 in 2019 to $248,658 in 2023, indicating successful fundraising and asset management.
Does the foundation carry significant debt?
No, the foundation has reported $0 in liabilities for the fiscal periods ending 2021, 2022, and 2023, indicating a very healthy financial position with no outstanding debt.
Filing History
IRS 990 filing history for Howard County Public Schools Educational Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Howard County Public Schools Educational Foundation Inc's revenue has grown by 594.3%, moving from $58K to $400K. Total assets increased by 259.3% over the same period, from $69K to $249K. Total functional expenses rose by 262.6%, from $96K to $347K. In its most recent filing year (2023), Howard County Public Schools Educational Foundation Inc reported a surplus of $53K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $400K | $347K | $249K | $0 | — | — |
| 2022 | $337K | $277K | $196K | $0 | — | View 990 |
| 2021 | $394K | $415K | $136K | $0 | — | View 990 |
| 2020 | $224K | $205K | $168K | $48K | — | View 990 |
| 2019 | $190K | $191K | $106K | $4K | — | View 990 |
| 2018 | $123K | $218K | $107K | $4K | — | View 990 |
| 2017 | $298K | $176K | $204K | $7K | — | View 990 |
| 2016 | $159K | $132K | $88K | $12K | — | View 990 |
| 2015 | $172K | $165K | $61K | $12K | — | View 990 |
| 2014 | $113K | $124K | $61K | $20K | — | View 990 |
| 2013 | $140K | $126K | $71K | $19K | — | View 990 |
| 2012 | $156K | $98K | $41K | $8K | — | View 990 |
| 2011 | $58K | $96K | $69K | $95K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $400K, expenses of $347K, and assets of $249K (revenue +18.7% year-over-year).
- 2022: Revenue of $337K, expenses of $277K, and assets of $196K (revenue -14.5% year-over-year).
- 2021: Revenue of $394K, expenses of $415K, and assets of $136K (revenue +75.8% year-over-year).
- 2020: Revenue of $224K, expenses of $205K, and assets of $168K (revenue +18.2% year-over-year).
- 2019: Revenue of $190K, expenses of $191K, and assets of $106K (revenue +54.1% year-over-year).
- 2018: Revenue of $123K, expenses of $218K, and assets of $107K (revenue -58.7% year-over-year).
- 2017: Revenue of $298K, expenses of $176K, and assets of $204K (revenue +87.9% year-over-year).
- 2016: Revenue of $159K, expenses of $132K, and assets of $88K (revenue -8.0% year-over-year).
- 2015: Revenue of $172K, expenses of $165K, and assets of $61K (revenue +52.6% year-over-year).
- 2014: Revenue of $113K, expenses of $124K, and assets of $61K (revenue -19.1% year-over-year).
- 2013: Revenue of $140K, expenses of $126K, and assets of $71K (revenue -10.3% year-over-year).
- 2012: Revenue of $156K, expenses of $98K, and assets of $41K (revenue +170.6% year-over-year).
- 2011: Revenue of $58K, expenses of $96K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Howard County Public Schools Educational Foundation Inc:
Data Sources and Methodology
This transparency report for Howard County Public Schools Educational Foundation 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.