Ingenium Schools
Ingenium Schools shows strong financial growth and no reported officer compensation over the past decade.
EIN: 113794105 · Chino Hills, CA · NTEE: B29 · Updated: 2026-03-28
Is Ingenium Schools Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ingenium Schools directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ingenium Schools
Ingenium Schools (EIN: 113794105) is a nonprofit organization based in Chino Hills, CA, classified under NTEE code B29. The organization reported total revenue of $21.4M and total assets of $12.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ingenium Schools's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ingenium Schools is a large nonprofit that has been operating for 17 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 | $23.8M |
| Total Expenses | $21.5M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $15.9M |
| Total Liabilities | $6.4M |
| Net Assets | $9.5M |
| Operating Margin | 9.4% |
| Debt-to-Asset Ratio | 40.0% |
| Months of Reserves | 8.9 months |
Financial Health Grade: A
In 2023, Ingenium Schools reported a surplus of $2.2M with revenue exceeding expenses, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 40.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ingenium Schools's revenue has grown at a compound annual growth rate (CAGR) of 17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.3% | +20.5% | +47.8% |
| 2022 | +1.8% | +25.6% | +5.6% |
| 2021 | +8.7% | -10.0% | +72.6% |
| 2020 | -13.0% | -17.7% | +60.4% |
| 2019 | +11.0% | +14.7% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Ingenium Schools 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, Ingenium Schools 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 surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.0%.
Executive Compensation Analysis
Ingenium Schools consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers from the organization's funds, which is highly unusual for an organization of its size with over $20 million in annual revenue.
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 Ingenium Schools's IRS 990 filings:
- Lack of detailed program, administrative, and fundraising expense breakdowns in the provided summary data, making a precise spending efficiency analysis challenging without full 990 access.
Strengths
The following positive indicators were identified for Ingenium Schools:
- Consistent revenue growth, increasing from $7.49 million in 2014 to $23.77 million in 2023.
- Strong asset growth, from $2.09 million in 2014 to $15.89 million in 2023, indicating financial stability.
- 0% officer compensation reported across all 13 filings, suggesting highly efficient use of funds and strong commitment to mission.
- Healthy asset-to-liability ratio, indicating manageable debt and strong financial position.
- Consistent generation of surpluses (revenue exceeding expenses) in most recent years, allowing for asset accumulation and future investment.
Frequently Asked Questions about Ingenium Schools
Is Ingenium Schools a legitimate charity?
Based on AI analysis of IRS 990 filings, Ingenium Schools (EIN: 113794105) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Ingenium Schools spend its money?
Ingenium Schools directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ingenium Schools tax-deductible?
Ingenium Schools is registered as a tax-exempt nonprofit (EIN: 113794105). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ingenium Schools a good charity?
Based on the provided financial data, Ingenium Schools appears to be a financially healthy and well-managed organization. Key indicators include consistent revenue and asset growth, and notably, 0% officer compensation reported across all filings, suggesting a strong commitment to its mission and efficient use of funds.
How has Ingenium Schools' financial health changed over time?
Ingenium Schools has demonstrated significant financial growth and stability. Revenue increased from $7.49 million in 2014 to $23.77 million in 2023, and assets grew from $2.09 million to $15.89 million in the same period. This indicates a strong upward trend in financial health and capacity.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It means that the organization's leadership is not drawing salaries from the nonprofit's budget, which can free up more funds for program services and indicates a high level of dedication and potentially alternative funding for executive roles, or a volunteer-led executive structure.
Are Ingenium Schools' liabilities manageable?
Yes, Ingenium Schools' liabilities appear manageable relative to its assets. For example, in 2023, liabilities were $6.36 million against assets of $15.89 million, representing a healthy asset-to-liability ratio. This trend is consistent across the filing history, indicating prudent financial management.
Filing History
IRS 990 filing history for Ingenium Schools showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ingenium Schools's revenue has grown by 591.7%, moving from $3.4M to $23.8M. Total assets increased by 1520.7% over the same period, from $980K to $15.9M. Total functional expenses rose by 444.1%, from $4.0M to $21.5M. In its most recent filing year (2023), Ingenium Schools reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $6.4M in liabilities against $15.9M in assets (debt-to-asset ratio: 40.0%), resulting in net assets of $9.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23.8M | $21.5M | $15.9M | $6.4M | — | — |
| 2022 | $18.5M | $17.9M | $10.7M | $3.5M | — | View 990 |
| 2021 | $18.2M | $14.2M | $10.2M | $3.5M | — | View 990 |
| 2020 | $16.7M | $15.8M | $5.9M | $3.2M | — | View 990 |
| 2019 | $19.2M | $19.2M | $3.7M | $1.9M | — | View 990 |
| 2018 | $17.3M | $16.7M | $3.2M | $1.5M | — | View 990 |
| 2017 | $14.1M | $15.6M | $2.3M | $1.1M | — | View 990 |
| 2016 | $13.3M | $13.2M | $3.2M | $481K | — | View 990 |
| 2015 | $11.3M | $10.4M | $3.0M | $401K | — | View 990 |
| 2014 | $7.5M | $6.8M | $2.1M | $450K | — | View 990 |
| 2013 | $5.7M | $5.0M | $2.2M | $1.3M | — | View 990 |
| 2012 | $4.8M | $4.3M | $1.1M | $830K | — | View 990 |
| 2011 | $3.4M | $4.0M | $980K | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23.8M, expenses of $21.5M, and assets of $15.9M (revenue +28.3% year-over-year).
- 2022: Revenue of $18.5M, expenses of $17.9M, and assets of $10.7M (revenue +1.8% year-over-year).
- 2021: Revenue of $18.2M, expenses of $14.2M, and assets of $10.2M (revenue +8.7% year-over-year).
- 2020: Revenue of $16.7M, expenses of $15.8M, and assets of $5.9M (revenue -13.0% year-over-year).
- 2019: Revenue of $19.2M, expenses of $19.2M, and assets of $3.7M (revenue +11.0% year-over-year).
- 2018: Revenue of $17.3M, expenses of $16.7M, and assets of $3.2M (revenue +23.4% year-over-year).
- 2017: Revenue of $14.1M, expenses of $15.6M, and assets of $2.3M (revenue +5.9% year-over-year).
- 2016: Revenue of $13.3M, expenses of $13.2M, and assets of $3.2M (revenue +17.4% year-over-year).
- 2015: Revenue of $11.3M, expenses of $10.4M, and assets of $3.0M (revenue +50.9% year-over-year).
- 2014: Revenue of $7.5M, expenses of $6.8M, and assets of $2.1M (revenue +31.8% year-over-year).
- 2013: Revenue of $5.7M, expenses of $5.0M, and assets of $2.2M (revenue +18.1% year-over-year).
- 2012: Revenue of $4.8M, expenses of $4.3M, and assets of $1.1M (revenue +40.0% year-over-year).
- 2011: Revenue of $3.4M, expenses of $4.0M, and assets of $980K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ingenium Schools:
Data Sources and Methodology
This transparency report for Ingenium Schools 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.