Maef Public Charter Schools Incorporated
EIN: 814451622 · Mobile, AL · NTEE: B25
| Metric | Value |
|---|---|
| Total Revenue | $12.8M |
| Total Expenses | $7.9M |
| Net Assets | $2.9M |
Is Maef Public Charter Schools Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maef Public Charter Schools Incorporated
Maef Public Charter Schools Incorporated (EIN: 814451622) is a nonprofit organization based in Mobile, AL, classified under NTEE code B25. The organization reported total revenue of $12.8M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maef Public Charter Schools Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maef Public Charter Schools Incorporated is a large nonprofit that has been operating for 6 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 73.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.2M |
| Total Expenses | $7.9M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $3.2M |
| Total Liabilities | $323K |
| Net Assets | $2.9M |
| Operating Margin | 22.7% |
| Debt-to-Asset Ratio | 10.0% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2023, Maef Public Charter Schools Incorporated reported a surplus of $2.3M with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 10.0% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Maef Public Charter Schools Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 73.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.1% | +6.9% | +346.6% |
| 2022 | +65.0% | +74.6% | +44.0% |
| 2021 | +26.3% | +18.2% | +39.3% |
| 2019 | -100.0% | -100.0% | -40.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maef Public Charter Schools Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maef Public Charter Schools Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.0%.
Frequently Asked Questions about Maef Public Charter Schools Incorporated
Is Maef Public Charter Schools Incorporated a legitimate charity?
Maef Public Charter Schools Incorporated (EIN: 814451622) is a registered tax-exempt nonprofit based in Alabama. It has 7 years of IRS 990 filings on record. Total revenue: $12.8M. No red flags identified. Financial health grade: A.
How does Maef Public Charter Schools Incorporated spend its money?
Maef Public Charter Schools Incorporated reported $12.8M in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Maef Public Charter Schools Incorporated tax-deductible?
Maef Public Charter Schools Incorporated is registered as a tax-exempt nonprofit (EIN: 814451622). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maef Public Charter Schools Incorporated located?
Maef Public Charter Schools Incorporated is headquartered in Mobile, Alabama and files with the IRS under EIN 814451622. It is classified under NTEE code B25.
How many years of IRS 990 filings does Maef Public Charter Schools Incorporated have?
Maef Public Charter Schools Incorporated has 7 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 $12.8M in total revenue.
Filing History
IRS 990 filing history for Maef Public Charter Schools Incorporated showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Maef Public Charter Schools Incorporated's revenue has grown by 2595.2%, moving from $377K to $10.2M. Total assets increased by 9860.9% over the same period, from $32K to $3.2M. Total functional expenses rose by 1309.1%, from $557K to $7.9M. In its most recent filing year (2023), Maef Public Charter Schools Incorporated reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $323K in liabilities against $3.2M in assets (debt-to-asset ratio: 10.0%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.2M | $7.9M | $3.2M | $323K | — | View 990 |
| 2022 | $7.5M | $7.3M | $725K | $119K | — | View 990 |
| 2021 | $4.6M | $4.2M | $503K | $74K | — | View 990 |
| 2020 | $3.6M | $3.6M | $361K | $284K | — | — |
| 2019 | $0 | $0 | $212K | $212K | — | View 990 |
| 2018 | $2.7M | $2.4M | $353K | $224K | — | View 990 |
| 2017 | $377K | $557K | $32K | $213K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.2M, expenses of $7.9M, and assets of $3.2M (revenue +35.1% year-over-year).
- 2022: Revenue of $7.5M, expenses of $7.3M, and assets of $725K (revenue +65.0% year-over-year).
- 2021: Revenue of $4.6M, expenses of $4.2M, and assets of $503K (revenue +26.3% year-over-year).
- 2020: Revenue of $3.6M, expenses of $3.6M, and assets of $361K.
- 2019: Revenue of $0, expenses of $0, and assets of $212K (revenue -100.0% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.4M, and assets of $353K (revenue +626.7% year-over-year).
- 2017: Revenue of $377K, expenses of $557K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maef Public Charter Schools Incorporated:
Data Sources and Methodology
This transparency report for Maef Public Charter Schools Incorporated 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.