North Star Charter School Inc
North Star Charter School Inc. consistently operates with significant liabilities, yet maintains positive revenue growth and no reported officer compensation.
EIN: 113643458 · Eagle, ID · NTEE: B29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.1M |
| Total Expenses | $9.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $-8,375,382 |
| Transparency Score | 80/100 |
Is North Star Charter School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Star Charter School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Star Charter School Inc
North Star Charter School Inc (EIN: 113643458) is a nonprofit organization based in Eagle, ID, classified under NTEE code B29. The organization reported total revenue of $10.1M and total assets of $12.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Star Charter School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Star Charter School Inc is a large nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.9M |
| Total Expenses | $9.4M |
| Surplus / Deficit | +$427K |
| Total Assets | $11.7M |
| Total Liabilities | $20.1M |
| Net Assets | $-8,375,382 |
| Operating Margin | 4.3% |
| Debt-to-Asset Ratio | 171.6% |
| Months of Reserves | 14.9 months |
Financial Health Grade: A
In 2024, North Star Charter School Inc reported a surplus of $427K with revenue exceeding expenses, holds 14.9 months of operating reserves (strong position), has a debt-to-asset ratio of 171.6% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), North Star Charter School Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +20.3% | +0.8% | +6.4% |
| 2023 | +6.3% | +17.9% | +5.0% |
| 2022 | -1.2% | -8.4% | +1.7% |
| 2021 | -1.9% | +16.2% | +8.4% |
| 2020 | +16.0% | +2.9% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
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 North Star Charter School Inc with a Mission Score of 80 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, North Star Charter School 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $427K, with revenue exceeding expenses.
- Debt-to-asset ratio: 171.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either that no officers receive compensation or that it is not reported in a manner typically captured by this metric, which is a strong positive for transparency if accurate for an organization with nearly $10 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 North Star Charter School Inc's IRS 990 filings:
- Consistent high liabilities relative to assets (e.g., $20,078,772 liabilities vs. $11,703,390 assets in 2024)
- Expenses exceeding revenue in multiple recent periods (e.g., 2023, 2022, 2021, 2019, 2018, 2017, 2016)
Strengths
The following positive indicators were identified for North Star Charter School Inc:
- Consistent revenue growth over the past decade (from $5.3M in 2015 to $9.8M in 2024)
- No reported officer compensation, indicating strong transparency or volunteer leadership
- Stable asset base, growing from $8.6M in 2015 to $11.7M in 2024
- Primary focus on program services as an educational institution
Frequently Asked Questions about North Star Charter School Inc
Is North Star Charter School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Star Charter School Inc (EIN: 113643458) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does North Star Charter School Inc spend its money?
North Star Charter School Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Star Charter School Inc tax-deductible?
North Star Charter School Inc is registered as a tax-exempt nonprofit (EIN: 113643458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the North Star Charter School Inc CEO make?
North Star Charter School Inc's highest-compensated officer earns $10 annually. The organization reported $10.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of North Star Charter School Inc's spending goes to programs?
North Star Charter School Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does North Star Charter School Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), North Star Charter School Inc is above average for NTEE category B29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North Star Charter School Inc located?
North Star Charter School Inc is headquartered in Eagle, Idaho and files with the IRS under EIN 113643458. It is classified under NTEE code B29.
How many years of IRS 990 filings does North Star Charter School Inc have?
North Star Charter School Inc has 14 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 $10.1M in total revenue.
What is the nature of North Star Charter School Inc.'s significant liabilities, which consistently exceed its assets?
The liabilities, such as $20,078,772 in 2024 compared to $11,703,390 in assets, likely represent long-term debt related to facility acquisition or construction, which is common for charter schools that often own their buildings.
How does North Star Charter School Inc. manage its cash flow given the consistent difference between revenues and expenses in some years (e.g., 2023 expenses exceeded revenue by over $1 million)?
While some years show expenses exceeding revenue (e.g., 2023 with $8,205,894 revenue and $9,370,833 expenses), the organization's overall financial health is supported by accumulated assets and potentially other funding sources or reserves to cover these shortfalls.
Is the 0% officer compensation reported across all filings truly indicative of no paid executives, or is compensation reported elsewhere?
The consistent 0% officer compensation suggests either a volunteer leadership model or that compensation for key management personnel is categorized differently within the financial statements, which would require a deeper dive into the full 990 forms to confirm.
Filing History
IRS 990 filing history for North Star Charter School Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), North Star Charter School Inc's revenue has grown by 105.8%, moving from $4.8M to $9.9M. Total assets decreased by 4.1% over the same period, from $12.2M to $11.7M. Total functional expenses rose by 84.6%, from $5.1M to $9.4M. In its most recent filing year (2024), North Star Charter School Inc reported a surplus of $427K, with revenue exceeding expenses. The organization holds $20.1M in liabilities against $11.7M in assets (debt-to-asset ratio: 171.6%), resulting in net assets of $-8,375,382.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $9.9M | $9.4M | $11.7M | $20.1M | — | View 990 |
| 2023 | $8.2M | $9.4M | $11.0M | $19.8M | — | View 990 |
| 2022 | $7.7M | $8.0M | $10.5M | $18.1M | — | View 990 |
| 2021 | $7.8M | $8.7M | $10.3M | $17.7M | — | View 990 |
| 2020 | $8.0M | $7.5M | $9.5M | $16.2M | — | View 990 |
| 2019 | $6.9M | $7.3M | $8.9M | $16.1M | — | View 990 |
| 2018 | $6.4M | $6.9M | $9.0M | $15.8M | — | View 990 |
| 2017 | $6.3M | $6.7M | $10.0M | $16.4M | — | View 990 |
| 2016 | $5.5M | $6.0M | $9.4M | $15.3M | — | View 990 |
| 2015 | $5.3M | $5.3M | $8.6M | $14.1M | — | View 990 |
| 2014 | $4.9M | $6.6M | $8.7M | $12.7M | — | View 990 |
| 2013 | $4.6M | $5.6M | $10.3M | $12.7M | — | View 990 |
| 2012 | $4.3M | $5.0M | $11.4M | $12.7M | — | View 990 |
| 2011 | $4.8M | $5.1M | $12.2M | $12.7M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $9.9M, expenses of $9.4M, and assets of $11.7M (revenue +20.3% year-over-year).
- 2023: Revenue of $8.2M, expenses of $9.4M, and assets of $11.0M (revenue +6.3% year-over-year).
- 2022: Revenue of $7.7M, expenses of $8.0M, and assets of $10.5M (revenue -1.2% year-over-year).
- 2021: Revenue of $7.8M, expenses of $8.7M, and assets of $10.3M (revenue -1.9% year-over-year).
- 2020: Revenue of $8.0M, expenses of $7.5M, and assets of $9.5M (revenue +16.0% year-over-year).
- 2019: Revenue of $6.9M, expenses of $7.3M, and assets of $8.9M (revenue +6.8% year-over-year).
- 2018: Revenue of $6.4M, expenses of $6.9M, and assets of $9.0M (revenue +2.3% year-over-year).
- 2017: Revenue of $6.3M, expenses of $6.7M, and assets of $10.0M (revenue +13.5% year-over-year).
- 2016: Revenue of $5.5M, expenses of $6.0M, and assets of $9.4M (revenue +4.2% year-over-year).
- 2015: Revenue of $5.3M, expenses of $5.3M, and assets of $8.6M (revenue +8.4% year-over-year).
- 2014: Revenue of $4.9M, expenses of $6.6M, and assets of $8.7M (revenue +6.7% year-over-year).
- 2013: Revenue of $4.6M, expenses of $5.6M, and assets of $10.3M (revenue +7.8% year-over-year).
- 2012: Revenue of $4.3M, expenses of $5.0M, and assets of $11.4M (revenue -11.2% year-over-year).
- 2011: Revenue of $4.8M, expenses of $5.1M, and assets of $12.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Star Charter School Inc:
Data Sources and Methodology
This transparency report for North Star Charter School 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.