New Los Angeles Charter School
New Los Angeles Charter School shows consistent revenue growth and healthy asset accumulation with no reported officer compensation.
EIN: 205537281 · Los Angeles, CA · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.9M |
| Total Expenses | $9.0M |
| Program Spending | 85% |
| Net Assets | $5.2M |
| Transparency Score | 85/100 |
Is New Los Angeles Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Los Angeles Charter School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Los Angeles Charter School
New Los Angeles Charter School (EIN: 205537281) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code B99. The organization reported total revenue of $16.9M and total assets of $27.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Los Angeles Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Los Angeles Charter School is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.8M |
| Total Expenses | $9.0M |
| Surplus / Deficit | +$846K |
| Total Assets | $11.4M |
| Total Liabilities | $6.2M |
| Net Assets | $5.2M |
| Operating Margin | 8.6% |
| Debt-to-Asset Ratio | 54.1% |
| Months of Reserves | 15.2 months |
Financial Health Grade: A
In 2023, New Los Angeles Charter School reported a surplus of $846K with revenue exceeding expenses, holds 15.2 months of operating reserves (strong position), has a debt-to-asset ratio of 54.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Los Angeles Charter School's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.9% | -0.9% | +22.5% |
| 2022 | +22.7% | +34.6% | +112.5% |
| 2021 | +8.6% | -0.4% | +40.6% |
| 2020 | +6.7% | -6.8% | +17.8% |
| 2019 | +6.0% | +26.8% | -17.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 New Los Angeles Charter School with a Mission Score of 85 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, New Los Angeles 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $846K, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue. This suggests that executive leadership may be compensated through other categories or is entirely volunteer-based, which could be a significant strength in directing funds to programs but also warrants further inquiry for complete transparency.
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 New Los Angeles Charter School's IRS 990 filings:
- Unusually low (0%) reported officer compensation across all filings, which may obscure actual leadership compensation.
- Significant increase in liabilities from $476,396 in 2021 to $6,163,377 in 2023 without clear explanation in the provided data.
Strengths
The following positive indicators were identified for New Los Angeles Charter School:
- Consistent and strong revenue growth, from $3.1M in 2014 to $9.8M in 2023.
- Healthy asset accumulation, growing from $1.8M in 2014 to $11.4M in 2023.
- Consistent operational surpluses in most years, indicating sound financial management (e.g., $845,939 surplus in 2023).
- Long history of IRS 990 filings (13 filings), demonstrating commitment to reporting.
Frequently Asked Questions about New Los Angeles Charter School
Is New Los Angeles Charter School a legitimate charity?
New Los Angeles Charter School (EIN: 205537281) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $16.9M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New Los Angeles Charter School spend its money?
New Los Angeles Charter School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Los Angeles Charter School tax-deductible?
New Los Angeles Charter School is registered as a tax-exempt nonprofit (EIN: 205537281). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Los Angeles Charter School's spending goes to programs?
New Los Angeles Charter School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Los Angeles Charter School compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New Los Angeles Charter School is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Los Angeles Charter School located?
New Los Angeles Charter School is headquartered in Los Angeles, California and files with the IRS under EIN 205537281. It is classified under NTEE code B99.
How many years of IRS 990 filings does New Los Angeles Charter School have?
New Los Angeles Charter School 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 $16.9M in total revenue.
How is executive leadership compensated if officer compensation is consistently reported as 0%?
The IRS 990 filings consistently show 0% officer compensation. This could mean executives are volunteers, compensated through a related organization, or their compensation is categorized differently within the expense structure (e.g., as 'salaries and wages' not specifically tied to officers).
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown. While the organization consistently operates with a surplus, understanding the specific allocation of expenses across programs, administration, and fundraising would provide a clearer picture of spending efficiency.
What caused the significant increase in liabilities from $476,396 in 2021 to $6,163,377 in 2023?
The substantial increase in liabilities over two years, from less than half a million to over $6 million, warrants investigation. This could be due to capital expenditures, new debt for expansion, or other operational changes.
Filing History
IRS 990 filing history for New Los Angeles Charter School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Los Angeles Charter School's revenue has grown by 298.3%, moving from $2.5M to $9.8M. Total assets increased by 539.3% over the same period, from $1.8M to $11.4M. Total functional expenses rose by 286.3%, from $2.3M to $9.0M. In its most recent filing year (2023), New Los Angeles Charter School reported a surplus of $846K, with revenue exceeding expenses. The organization holds $6.2M in liabilities against $11.4M in assets (debt-to-asset ratio: 54.1%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.8M | $9.0M | $11.4M | $6.2M | — | — |
| 2022 | $9.5M | $9.1M | $9.3M | $4.9M | — | View 990 |
| 2021 | $7.8M | $6.7M | $4.4M | $476K | — | — |
| 2020 | $7.2M | $6.8M | $3.1M | $269K | — | View 990 |
| 2019 | $6.7M | $7.2M | $2.6M | $209K | — | View 990 |
| 2018 | $6.3M | $5.7M | $3.2M | $243K | — | View 990 |
| 2017 | $5.4M | $5.1M | $2.5M | $155K | — | View 990 |
| 2016 | $4.1M | $3.5M | $2.4M | $293K | — | View 990 |
| 2015 | $3.4M | $3.1M | $1.8M | $363K | — | View 990 |
| 2014 | $3.1M | $3.0M | $1.8M | $624K | — | View 990 |
| 2013 | $2.9M | $2.7M | $2.0M | $909K | — | View 990 |
| 2012 | $2.7M | $2.7M | $1.8M | $890K | — | View 990 |
| 2011 | $2.5M | $2.3M | $1.8M | $957K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.8M, expenses of $9.0M, and assets of $11.4M (revenue +2.9% year-over-year).
- 2022: Revenue of $9.5M, expenses of $9.1M, and assets of $9.3M (revenue +22.7% year-over-year).
- 2021: Revenue of $7.8M, expenses of $6.7M, and assets of $4.4M (revenue +8.6% year-over-year).
- 2020: Revenue of $7.2M, expenses of $6.8M, and assets of $3.1M (revenue +6.7% year-over-year).
- 2019: Revenue of $6.7M, expenses of $7.2M, and assets of $2.6M (revenue +6.0% year-over-year).
- 2018: Revenue of $6.3M, expenses of $5.7M, and assets of $3.2M (revenue +17.2% year-over-year).
- 2017: Revenue of $5.4M, expenses of $5.1M, and assets of $2.5M (revenue +31.9% year-over-year).
- 2016: Revenue of $4.1M, expenses of $3.5M, and assets of $2.4M (revenue +22.1% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.1M, and assets of $1.8M (revenue +7.5% year-over-year).
- 2014: Revenue of $3.1M, expenses of $3.0M, and assets of $1.8M (revenue +9.2% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.7M, and assets of $2.0M (revenue +5.1% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.7M, and assets of $1.8M (revenue +10.3% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.3M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Los Angeles Charter School:
Data Sources and Methodology
This transparency report for New Los Angeles 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.