National Collegiate Preparatory Public Charter School
National Collegiate Preparatory Public Charter School faces significant financial deficit and high liabilities in its latest fiscal year.
EIN: 113827089 · Washington, DC · NTEE: B29 · Updated: 2026-03-28
Is National Collegiate Preparatory Public Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Collegiate Preparatory Public Charter School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Collegiate Preparatory Public Charter School
National Collegiate Preparatory Public Charter School (EIN: 113827089) is a nonprofit organization based in Washington, DC, classified under NTEE code B29. The organization reported total revenue of $3.1M and total assets of $395K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Collegiate Preparatory Public Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates National Collegiate Preparatory Public Charter School with a Mission Score of 55 out of 100 (Fair). 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, National Collegiate Preparatory Public Charter School 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size and suggests either volunteer leadership or compensation is reported under other categories.
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 National Collegiate Preparatory Public Charter School's IRS 990 filings:
- Significant deficit in 202006 ($4,112,714 expenses vs. $3,054,393 revenue).
- Liabilities ($965,520) significantly exceed assets ($394,641) in 202006.
- Sharp decline in revenue from $5.8 million (201906) to $3.0 million (202006).
- Negative net assets in the latest filing period.
Strengths
The following positive indicators were identified for National Collegiate Preparatory Public Charter School:
- Consistent filing of IRS 990 forms, indicating transparency.
- Reported 0% officer compensation across all filings, suggesting low executive overhead.
Frequently Asked Questions about National Collegiate Preparatory Public Charter School
Is National Collegiate Preparatory Public Charter School a legitimate charity?
Based on AI analysis of IRS 990 filings, National Collegiate Preparatory Public Charter School (EIN: 113827089) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does National Collegiate Preparatory Public Charter School spend its money?
National Collegiate Preparatory Public Charter School directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to National Collegiate Preparatory Public Charter School tax-deductible?
National Collegiate Preparatory Public Charter School is registered as a tax-exempt nonprofit (EIN: 113827089). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the drastic drop in revenue from $5.8 million in 201906 to $3.0 million in 202006?
The provided data does not specify the reason for this significant revenue decline, but it is a critical factor impacting the organization's financial health.
How does the organization plan to address its substantial liabilities of $965,520, which exceed its assets of $394,641 in 202006?
The filings do not detail a plan for liability reduction, but this imbalance indicates a precarious financial position.
Are there any compensated employees, and if so, how is their compensation categorized if officer compensation is 0%?
The 0% officer compensation suggests either volunteer leadership or that compensation for key personnel is reported under other expense lines, which would require further investigation of the full 990 forms.
Filing History
IRS 990 filing history for National Collegiate Preparatory Public Charter School showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), National Collegiate Preparatory Public Charter School's revenue has grown by 11.7%, moving from $2.7M to $3.1M. Total assets increased by 11.7% over the same period, from $353K to $395K. Total functional expenses rose by 54.1%, from $2.7M to $4.1M. In its most recent filing year (2020), National Collegiate Preparatory Public Charter School reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $966K in liabilities against $395K in assets (debt-to-asset ratio: 244.7%), resulting in net assets of $-570,879.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $3.1M | $4.1M | $395K | $966K | — | View 990 |
| 2019 | $5.9M | $6.0M | $590K | $102K | — | View 990 |
| 2018 | $6.4M | $6.3M | $863K | $193K | — | View 990 |
| 2017 | $6.0M | $6.2M | $1.0M | $422K | — | — |
| 2016 | $6.1M | $6.1M | $1.1M | $243K | — | View 990 |
| 2015 | $6.6M | $6.0M | $1.1M | $300K | — | View 990 |
| 2014 | $6.0M | $6.2M | $742K | $595K | — | View 990 |
| 2013 | $5.7M | $5.4M | $665K | $326K | — | View 990 |
| 2012 | $3.6M | $3.8M | $349K | $316K | — | View 990 |
| 2011 | $2.7M | $2.7M | $353K | $130K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $3.1M, expenses of $4.1M, and assets of $395K (revenue -47.9% year-over-year).
- 2019: Revenue of $5.9M, expenses of $6.0M, and assets of $590K (revenue -7.7% year-over-year).
- 2018: Revenue of $6.4M, expenses of $6.3M, and assets of $863K (revenue +6.4% year-over-year).
- 2017: Revenue of $6.0M, expenses of $6.2M, and assets of $1.0M (revenue -2.4% year-over-year).
- 2016: Revenue of $6.1M, expenses of $6.1M, and assets of $1.1M (revenue -7.4% year-over-year).
- 2015: Revenue of $6.6M, expenses of $6.0M, and assets of $1.1M (revenue +9.3% year-over-year).
- 2014: Revenue of $6.0M, expenses of $6.2M, and assets of $742K (revenue +6.3% year-over-year).
- 2013: Revenue of $5.7M, expenses of $5.4M, and assets of $665K (revenue +59.2% year-over-year).
- 2012: Revenue of $3.6M, expenses of $3.8M, and assets of $349K (revenue +30.7% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.7M, and assets of $353K.
Data Sources and Methodology
This transparency report for National Collegiate Preparatory Public Charter School 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.